Recent Posts

PPA vows no repeat of port congestion

By Riza Lozada There would be no repeat during the holiday season of the tight port traffic of 2014 when container cargoes were stranded at the Manila ports that mainly resulted from the Manila city government’s strict truck ban, the Philippine Ports Authority (PPA) said.

Read More »

FWD opens dollar insurance scheme

Life insurer FWD Life Philippines recently launched a dollar-denominated single-payment insurance protection and investment plan called “US Dollar All Set Higher” which gives customers the opportunity to take advantage of the long-term growth potential of international economies while giving them lifetime insurance protection.

Read More »

RBs should strive to aid MSMEs—Bam

By Riza Lozada Rural banks (RBs) should expand their services to more small businesses as many local entrepreneurs still need access to reasonable loan packages that can help them grow their business, Senator Bam Aquino said during his speech at the 60th Charter Symposium of the Rural Bankers Association of the Philippines (RBAP) recently.

Read More »

BSP: Bitcoin okay but requires regulation

The Bangko Sentral ng Pilipinas (BSP) is open to the use of cryptocurrencies but cited the need for vigilance since these are not regulated by any central bank, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said.

Read More »

$1.1T debts in region to mature till ‘22—S&P

$1.1 trillion worth of Asia-Pacific financial and nonfinancial corporate debt will mature in the second half of this year through 2022, which is equivalent to about 11 percent of total debts maturing globally, ratings firm Standard and Poor’s (S&P) said in a report.

Read More »

3 new China-Cebu flights to launch in October

Three air carriers from mainland China are scheduled to launch within October regular flights directly to Cebu, according to GMR Megawide Cebu Airport Corporation (GMCAC), developer of the Mactan-Cebu International Airport (MCIA).

Read More »