A CONGRESSMAN on Tuesday urged employers to support work-from-home setups under the law, saying it allows workers to spend more time with family without affecting productivity. “With the release of the expanded rules for the telecommuting law, we hope that more employers will implement flexible working arrangement for their workers,” Rizal Rep. Juan Fidel Felipe […]
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BanKo ramps up digitalization efforts
THE microfinance arm of Ayala-led Bank of the Philippine Islands (BPI) aims to grant more loans to self-employed micro and small business owners as its way of helping them fully recover from the Covid-19 pandemic. Some P9 billion worth of loans were released to the micro, small and medium enterprises (MSMEs) last year, marking 2021 […]
Daily coronavirus infections likely to stay at 2,000
By Alyssa Nicole O. Tan, Reporter DAILY coronavirus infections in the Philippines would probably stay at 2,000 for the rest of the year, according to a health expert, noting that the pandemic is far from over. “The number of cases will hover around 2,000,” Jomar R. Rabajante, a researcher from the University of the Philippines […]
Korindo in its Transition to an Eco-Friendly Company
JAKARTA, Oct 3, 2022 – (ACN Newswire via SEAPRWire.com) – Environmental issues and climate change get increasingly highlighted as nature declines at unprecedented speed and level. Continuous innovations and mass movements become necessary to soften impacts from the crises. Korindo Group acknowledges the need to transform into a more environmentally-friendly company by creating breakthroughs in […]
GCash serves 1M borrowers, disburses P40B in loans
GCash continues to work on making financial services accessible, affordable, and easy to understand by the masses by disrupting traditional banking. For one, it has made borrowing more attainable for Filipinos in need of financial support as many recover from the impact of the pandemic. It has disbursed more than P40 billion worth of loans […]
Cabaero: Quality over quantity
The common saying “quality over quantity” applies to many aspects of life, including governance. Whenever one proposes to increase the number of public representation, this line comes to mind.The saying applies to the suggestion of former senator Juan Ponce Enrile, now chief presidential legal counsel, to double the number of senators from the current 24 […]
BSP signals more rate hikes, FX moves to defend peso
The Philippine central bank signaled it will resort to more interest-rate hikes depending on the Federal Reserve’s action, while also considering proactive market interventions to curb currency losses. “Strong dollar is requiring us to have bigger policy rate increases,” Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla said in an interview from New York […]
Conti’s to open more branches in Sept.
CONTI’s Bakeshop and Restaurant is set to open more branches and more drive-through concept stores in Luzon this year. In a media release on Wednesday, Conti’s said it will open in Molino, Bacoor this month, and two more branches — on UN Avenue in Manila, and in Tagaytay. “We are excited to grow our Conti’s […]
ACEF seen benefiting importers, not farmers
THE Agricultural Competitiveness Enhancement Fund (ACEF), which is funded by import tariffs on farm goods, contains a built-in incentive to import more food and generate more revenue for the government, to the detriment of the farmers it was designed to help, legislators said. The House committee on agriculture and food, which is evaluating proposals to […]
Japan pushes small arms reduction in Bangsamoro
JAPAN and the United Nations Development Programme (UNDP) have signed an agreement supporting the reduction of small arms and light weapons in the Bangsamoro Autonomous Region in Muslim Mindanao, according to a statement released by the Japanese Embassy on Tuesday. “This project will be a big step as the first large-scale and comprehensive project to […]
More than 350 prisoners freed
THE BUREAU of Corrections has released more than 350 inmates, including sick and elderly ones, as it tries to decongest the country’s jails. “I hope that we never see each other again,” bureau Director-General Gerald Q. Bantag told inmates in Filipino at a ceremony for their release, which was streamed live on Facebook on Tuesday. […]
Optional mask wearing seen to attract more leisure travelers
AIRASIA Philippines said the optional wearing of face masks outdoors is a welcome development for the travel industry as it will attract more leisure travelers in a bid to stir economic activity.Executive Order (EO) 3 signed on Monday by President Ferdinand Marcos Jr. no longer requires people to wear face masks in open areas with […]
Alviera Country Club, Inc. to conduct annual stockholders’ meeting via online remote communication on Sept. 30
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AirAsia says passengers buying more baggage allowance as ‘ber’ season kicks in
AIRASIA Philippines said domestic passengers are purchasing more baggage allowance along with their tickets starting this September as the country ushers in the holiday season.AirAsia said its domestic passengers are purchasing more baggage products as of September first week during their ticket purchase and even as they check-in at the airport. This is evidenced by […]
ICTSI Subic deploys more equipment to boost productivity
LISTED port operator International Container Terminal Services, Inc. (ICTSI) announced on Wednesday that its Subic Bay International Terminal Corp. (SBITC) is deploying more equipment to boost its landside operations. SBITC is now deploying additional rubber-tired gantries (RTGs) to improve its productivity, in line with the growth prospects of North and Central Luzon, ICTSI said in […]
Espina: Celebrations 3
Indeed, more events continue to accentuate business and industry.Civic clubs and the Academe added more seminars, inauguration and product launching. Festive weddings, anniversaries, entertainment concerts and birthday parties gathered a larger crowd.The yearly Pasigarbo sa Sugbu brought back street dancing where towns competed for best performances. The huge Abellana grounds and bleachers were filled with […]
Skills mismatch, not graduate influx, better explains rising joblessness, economists say
By Diego Gabriel C. Robles THE RISE in unemployment baked into the government’s economic assumptions for next year points to a skills mismatch within the labor pool, with many unfilled positions in the construction industry alone, economists said, after the government claimed that joblessness will swell largely because of the influx of graduates from the […]
BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card
MUMBAI, INDIA, Sep 2, 2022 – (ACN Newswire via SEAPRWire.com) – BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is […]
Marcos plans to deploy more nurses overseas
PRESIDENT Ferdinand R. Marcos, Jr. told a nurses’ organization on Thursday that he plans to allow more nurses to work overseas, marking a further easing on mobility restrictions imposed on the profession during the pandemic. The government will also strive “to improve opportunities domestically,” Mr. Marcos said at a gathering organized by the Philippine Nurses […]
Shopee wants more Cebu MSMEs to do business online
E-COMMERCE platform Shopee has partnered with local government units (LGUs) in Cebu to help micro, small and medium enterprises (MSMEs) in the region for the second run of its Shopee University Roadshow and Shopee Kumustahan.These two events educated MSMEs on how to take their businesses online and kickstart their venture into e-commerce.Through its partnership with […]