Business

Peso, local shares retreat on risk-off sentiment

MANILA -- Risk-off sentiment reigned over the Philippines' financial and capital markets Monday resulting to the weak close of the peso and the decline of the main stocks gauge. The local currency finished...

BSP launches second automated clearing house

MANILA -- Bangko Sentral ng Pilipinas' (BSP) goal of coursing at least 20 percent of local payment transactions through electronic channels just got another big boost with Monday's launch of another automated...

DTI seeks P300-M to help Boracay businesses affected by closure

MANILA -- Trade and Industry Secretary Ramon Lopez said Monday that the agency will be seeking PHP300 million from government’s Boracay rehabilitatation fund to assist small-scale enterprises that will be affected by...

‘Franchise Negosyo’ opens opportunities for MSMEs in CDO

CAGAYAN DE ORO CITY -- The Philippine Franchise Association (PFA) initiated a meet and match between franchisors and potential franchisees in apparent hopes of tapping into latent business opportunities in this southern...

Healthcare provider bullish on Mindanao’s huge market

DAVAO CITY – The Health Maintenance Organization (HMO) is bullish on Mindanao’s huge market as it committed to invest on the island through medical network. Maxicare Healthcare Corp. president and chief executive...

Pack! Pinas launched to improve MSME packaging

MANILA -- The Department of Trade and Industry (DTI) is urging micro, small, and medium enterprises (MSMEs) to improve the packaging of their products to be more competitive both in the domestic...
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