Business

$250-M ADB loan to help boost COVID-19 vaccine supply in PH

MANILA, PHILIPPINES - The Asian Development Bank (ADB) has approved a $250 million loan to help the Philippine government secure additional coronavirus disease (COVID-19) vaccine supply to boost the health security of Filipinos and ensure a safe and steady economic recovery.

Bankers Association of the Philippines: Be vigilant against online banking fraud

The Bankers Association of the Philippines (BAP) called on the public to protect themselves from online banking fraud amid reports of an online banking scam affecting several Banco de Oro (BDO) bank account holders in a statement released on Sunday, Dec. 12.

DOLE offering more than 15-K jobs to displaced workers and jobseekers

Over 15,000 jobs will be offered by the Department of Labor and Employment (DOLE) at the hybrid job fairs to be held this December in some regions in the Philippines.

Globe closes term loan facilities with BDO Unibank, LBP

Globe has signed term loan facilities with BDO Unibank, Inc. and Land Bank of the Philippines (LBP) for ₱10 billion and ₱5 billion respectively. The loans shall be used to finance...

SEC speeds up digitalization programs to improve ease of doing business

The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms under the Duterte administration to further improve the ease of doing business in the country and spur...

PH manufacturing PMI hits 8-month high

MANILA – The country’s manufacturing purchasing managers’ index (PMI) for November 2021 logged the highest score for the past eight months at 51.7, London-based information and analytics firm IHS Markit reported on Wednesday (Dec. 1).
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