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Monthly Archives: October 2017

Bold local startups focus on foreign marts—poll

By Riza Lozada Local startup firms eyes entering new foreign markets in the next three to five years, according to the Philippine Startup Survey of Isla Lipana & Co./PwC Philippines and QBO Innovation Hub.

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Western Union expands outlets as transfers grow

International remittance service firm Western Union recently expanded its national retail network in the Philippines with the addition of 1,200 new agent locations.

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Government eyes tax school to enhance BIR, BOC

The government is exploring a grant from the United States to put up the country’s first tax academy, which will serve as a training institution that will provide revenue officials and employees continuing professional education on improving tax collection competence and efficiency.

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DBP bags SME bank plum in Asian tilt

By Riza Lozada State-owned Development Bank of the Philippines (DBP) was named small and medium enterprises (SME) Bank of the Year in the The Asian Banker – Philippine Country Awards for 2017 during ceremonies held last October 6, at the Fairmont Hotel in Makati City. The awards ceremony was held in conjunction with the region’s most prestigious retail banking event, …

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Regional mover seals P5B in new funding

Logistics firm Lalamove, which has been marking strong growth in Southeast Asia and China, with a strong presence in Manila, has recently completed its latest $100M (P5 billion) Series C funding round.

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Security Bank offers P5B in CDs tranche

Listed lender Security Bank Corp (SBC), the country’s fifth largest private bank in terms of assets and capital as of June 30, has launched its initial tranche of long term certificates of deposit (CDs) last October 17 in line with the Bangko Sentral ng Pilipinas’ (BSP) approval to issue CDs dated October 5.

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Ibon: Public Service Act changes to hit consumers

When President Rodrigo Duterte told striking jeepney drivers and operators “Magtiis kayo sa hirap at gutom” (Bear poverty and hunger), he could be as well speaking to all poor Filipinos who struggle with ever-rising cost of electricity, water and other basic necessities.

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Useless impeachment

It is distressing to see the single-minded obsession of the House of Representatives to impeach Commission on Elections ( Comelec) Chairman Andy Bautista putting all the other pressing issues staring at us in the face to the back burner.

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Beauty in New Zealand

By Jun Ledesma New Zealand is not all about sheep and cattle.

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Unified body on collegiate sports mulled

Majority of school and athletic leagues in the country want a unified body on collegiate sports.

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