Bank Indonesia has lowered rates by a total of 125 basis points this year as it expects the economy to shrink 1% to 2%, worse than the government forecast of a 0.6% to 1.7% contraction. Despite the …
ADB to lend $9.4 billion to Philippines through 2023
Sovereign lending by the Asian Development Bank to the Philippines will reach around $9.4 billion between 2021 and 2023, with the bulk going into infrastructure, health and employment recovery …
Covid-19: Remittances to the Philippines from UAE recovering slowly
The UAE has been the largest source of remittances for the Philippines, with Filipino expats accounting for nearly six per cent of the total UAE population.
‘COVID-19 steered Philippines to digital economy’
Months of lockdown due to the pandemic have forced the country’s telecommunications companies or telcos to improve internet services and steer the nation into the so-called digital economy, an …
Indonesia, Philippines Hold Key Rates as Recovery Continues
Central banks in Indonesia and the Philippines held their benchmark interest rates steady Thursday and pledged to keep policy accommodative as their economies struggle with the worst virus outbreaks …
917Ventures Holds Search for Business-empowering Innovative Ideas
Ventures, the Philippines’ largest corporate incubator, is in search of viable ideas in the fields of eCommerce, Healthtech, Fintech, and Adtech which may be transformed into business ventures that it …
Cisco Philippines deep dives into manufacturing industry’s current state
just like Microchip Philippines and Allegro MicroSystems Philippines, who have implemented business-to-business transactions through electronic data interfaces and tunnelling, which allows on …
Four startups win inaugural Microsoft Emerge X competition at the Philippine Startup Week 2020
Microsoft Philippines hosted the Emerge X Regional Pitching Competition … and how they have leveraged technology to solve some of the key challenges faced by business owners across different …
Fintech Sector in the Philippines can Play a Key Role in Collecting Data for Climate-related Issues, Industry Professional Says
He pointed out that cash flows in the Philippines have been affected “as people try … and sustainability principles to their business strategy, overall risk management policies and banking …
Former teacher jailed for soliciting naked photos of underage girls in the Philippines
Andrew Robert Grant paid $470 for more than 100 child abuse images and 21 videos, solicited from girls in the Philippines and elsewhere while he was living overseas.