Philippine Business Bank (PBB), a local lender controlled by beverages tycoon Alfredo Yao, reported that its net income leaped 57.1 percent to P1.8 billion in the first nine months of 2024 from the P1.15 billion it earned in the same period last year. In a disclosure to the Philippine Stock...
There is growing uncertainty in the market regarding the direction the Bangko Sentral ng Pilipinas (BSP) will take in its last two policy meetings of the year, scheduled for Nov. 14 and Dec. 16. Will the BSP implement another rate cut in line with the expectation that the US Federal Reserve will...
Cebu-based fuel retailer Top Line Business Development Corp. (Topline) is launching its P3.16 billion initial public offering before the year ends to be the last maiden offering at the Philippine Stock Exchange for 2024. The PSE said it has approved the firm’s IPO tentatively slated for Nov. 27...
“You won’t be replaced by AI, you’ll be replaced by someone who knows how to use AI” – Harvard Business Review The Philippines is one of the top five countries in the world for ChatGPT usage according to a recent report of Similarweb, showing just how much Filipinos are turning to this AI...
It is unfortunate that many people struggle to act responsibly when it comes to managing their own finances or, even worse, when spending other people’s money—particularly in organizational roles where they have been appointed or elected. Undoubtedly, it is much easier to spend money than to...
Extreme bad weather in Manila can bring one home earlier than usual. It gives one the luxury of watching two Netflix movies in one sitting till one's eyelids drop. It is interesting to note that as early as (2004) "Day After Tomorrow" till (2017) "Geostorms,” Hollywood was already making...
Sun Life of Canada (Philippines), Inc. has teamed up with Premier Family Business Consulting Inc. to bolster financial literacy and business succession planning among Filipino entrepreneurs. In a statement, Sun Life said its partnership with Premier Family aims to equip family business owners...
In the investment world’s current VUCA (volatility, uncertainty, complexity, and ambiguity) uncertainties, more information is always better. Given the ever-widening global influence of social media, which has indeed changed the landscape of investment around the globe, the economic information...
In an era of heightened consumer awareness, a wave of entrepreneurs is entering the market, often unaware of the potential pitfalls that could jeopardize their ventures. A key strategy for safeguarding the future of a small business is embracing sustainability. In a one-on-one interview with...
Acknowledging the crucial role teachers play in shaping student outcomes, an advocacy group on Thursday, Oct. 17, called for reforms in teacher licensure in the country. (DepEd file photo) “Reforming the teaching licensure process is crucial in addressing the learning crisis in the...
The Department of Trade and Industry (DTI), Small Business Corporation (SB Corp), and Philippine Franchise Association (PFA) have formed a partnership to promote franchising as a viable business option. In a statement, the DTI said the partnership aims to create a thriving franchising ecosystem by...
A "powerhouse" delegation of Canadian businesses, poised to be the biggest-ever, will visit the Philippines this coming December to explore trade and investment opportunities. Export Development Canada (EDC) managing director and head of Indo-Pacific George Monize told reporters on Wednesday, Oct....
