Venture Capital Funding
To finance response to the COVID-19 pandemic, the Philippine government so far borrowed from foreign lenders and secured grants worth nearly $5 billion, with much of the money already injected…
Komo, EastWest Bank’s new digital banking arm Gotianun family-led East West Banking Corp. has joined the local digital banking race with the launch of Komo, a fully-digital banking platform operating…
Edgar Sia II Retailer Merry Mart Consumer Corp. has priced its initial public offering (IPO) – the first in the local stock market this turbulent year – at the maximum…
Jollibee Manhattan —Contributed photo Homegrown fast-food giant Jollibee Foods Corp. (JFC) is spending P7 billion to implement “significant” changes to its global business structure, including the streamlining of non-performing stores…
Stocks closed broadly lower on Wall Street Thursday as investors weighed more data showing the economic damage being caused by the coronavirus pandemic and another flareup in tensions between the…
The Energy Regulatory Commission (ERC) is set to issue a directive to allow “lifeliners” in areas under the modified enhanced community quarantine (MECQ) to extend payments for their electric bills…
The Bangko Sentral ng Pilipinas (BSP) on Thursday reminded lending institutions that they are prohibited from charging interest on interest, fees and charges—such as late payment fees—on all loan payments…
SAFETY REGULATIONS In this Feb. 5 photo, about a month before the lockdown, Chinese workers have their temperature checked as they enter an office building in Parañaque City. —RICHARD A.…
The state-run Development Bank of the Philippines (DBP) has disbursed over P1.485 billion in unconditional cash aid to small rice farmers under a Department of Agriculture (DA)-led program. “A total…
Faster food price hikes amid the COVID-19 lockdown in April hurt the pockets of poor families as they had to shell out more despite many of them losing jobs and…
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