Metro Business
DITO Home provides free UNLI 5G access to Pasig students
To help alleviate the digital divide in the public school areas and enable students to leverage the benefits of 5G technology, the country's fastest growing telco provider, DITO Telecommunity, powered Taguig public schools with its fastest broadband internet yet, DITO Home UNLI 5G WiFi. Initial...
$450 million ADB loan to boost Philippines’ universal healthcare
The Asian Development Bank (ADB) has approved a $450 million policy-based loan to help the Philippines strengthen health policy reforms and further improve Filipinos’ access to medicines and health services, sustain universal health care (UHC) coverage, and increase financing for UHC. The Bui...
Vertiv, Intel to provide liquid cooled solutions
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the company is collaborating with Intel (Nasdaq: INTC), an industry leader in creating world-changing technology, to provide a liquid cooling solution that will support the&nb...
Philippine inflation falls to 20-month low of 4.1%
Inflation rate in the Philippines fell to a 20-month low of 4.1 percent in November from 4.9 percent in October, driven by slower increases in the prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) said Tuesday. The PSA data showed that this was the slowest inflat...
Inventory financing service to boost sari-sari stores
Packworks, a Filipino startup offering a business-to-business (B2B) FMCG marketplace for sari-sari stores, is partnering with 1Sari Financing Corporation to provide access to secure, reliable, and affordable inventory financing services to more than 270,000 unbanked sari-sari stores across...
Metro Pacific Investments Foundation, Cordova town team up for mangrove restoration
In a collaborative effort aimed at restoring the Cordova Mangrove Propagation and Information Center, Metro Pacific Investments Foundation (MPIF), and the Municipality of Cordova signed a Memorandum of Agreement (MOA) at the Cordova Municipal Hall. This partnership emphasizes the dedication o...
Unemployment rate falls to 4.2% in October
The unemployment rate for October 2023 was the lowest recorded in nearly two decades. According to the Philippine Statistics Authority (PSA), the country recorded a 4.2-percent unemployment rate in October 2023, lower than the 4.5 percent recorded in October 2022 and the lowest rate since April 2005...
President Marcos signs Internet Transactions Act (ITA) into law to strengthen e-commerce in PH
President Ferdinand R. Marcos Jr., signed R.A 11967 entitled "An Act Protecting Consumers and Merchants Engaged in lnternet Transactions, creating for this purpose the Electronic Commerce Bureau,” otherwise known as the Internet Transactions Act (ITA). The new law aims to boost...
Manila Water halts excavation activities during the holiday season
Manila Water Company Inc. has suspended its excavation activities in major thoroughfares within the East Zone of Metro Manila, in compliance with the recent government resolution in preparation for the coming holidays. Recently, the Metropolitan Manila Development Authority (MMDA) released Memorand...
PEZA welcomes lifting of moratorium on NCR economic zones
The Philippine Economic Zone Authority (PEZA) expects to register more IT and business process management (IT-BPM) companies with the 10-day window given by the Office of the President (OP) after signing Administrative Order No. 11 which lifted the moratorium imposed on IT-BPM expansion in Metro Man...
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