Metro Business
DA assures adequate rice, meat supply in fourth quarter
The Department of Agriculture (DA) expressed confidence on Wednesday that the country has sufficient supply of rice and meat, a few months before Christmas, according to a report by Philippine News Agency. In a statement, the DA said the majority of the rice supply comes from the local product...
ADB reduces growth forecast for developing Asia
The Asian Development Bank (ADB) lowered its economic growth forecasts for developing Asia due to the Russia-Ukraine war, aggressive monetary tightening in advanced economies, and zero coronavirus disease 2019 (Covid-19) lockdowns in China, according to a report by Philippine News Agency. Developin...
Aboitiz encourages US firms to invest in PH
The Philippines is the “right” investment destination, a Filipino business tycoon leading the Private Sector Advisory Council (PSAC) told American investors on Tuesday (Manila time), according to a report by Philippine News Agency. Speaking before the United States business l...
Moody's affirms PH credit rating
Global credit watcher Moody's Investors Service on Thursday affirmed the Philippine credit rating at ‘Baa2’ with a stable outlook but flagged downward risks such as the country’s fiscal and government debt metrics, according to a report by GMA News. The affirmation of the cred...
PESONet, InstaPay transactions hit P3.46 trillion
State-run pension disbursements, along with wider usage of electronic money (e-money) and Internet banking, boosted the growth of both PESONet and InstaPay transactions as of the end of July 2022, according to a report by Philippine News Agency. The Bangko Sentral ng Pilipinas (BSP) said Thursday t...
Remittances expected to sustain growth
The continued recovery of economies hosting overseas Filipino workers (OFWs) is expected to further support expansion of remittances, one of the strong pillars of domestic growth, according to a report by Philippine News Agency. The Bangko Sentral ng Pilipinas (BSP) on Thursday reported the 2.3 per...
POGOs return lifts demand for office spaces
Expansion moves by Philippine offshore gaming operators (POGO), along with strong client relations, boosted office space development of Eton Properties in the second half of the year, according to a report by Philippine News Agency. In a statement on Wednesday, the property develope...
Globe, Smart try to block malicious URLs
Telecommunications companies Globe and Smart on Tuesday assured that they comply with the recent directive of the National Telecommunications Commission (NTC) to block malicious uniform resource locators (URLs) in spam text messages to help protect the public against scammers, according t...
Nephromed taps PLDT digital solutions
As the country’s largest fully integrated telecommunications provider, PLDT has always been dedicated to empowering Filipinos with its customer-focused digital technologies and helping them unleash their infinite potential. The group has been a reliable partner of households, private fi...
Jollibee launches Flight Squad Jolly Kiddie Meal toys
Jollibee’s lovable mascots are taking to the skies this month for a new and fun adventure, revving up as the Jollibee Flight Squad in the latest set of Jolly Kiddie Meal toys. Charging forward and leading the Flight Squad is Jollibee, who spins in his aircraft by moving the circular device wi...
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