Business

The national government’s outstanding debt reached a record high of P11.64 trillion as of end-August 2021, rising more than a fifth compared to last year. 

Election campaign spending is expected to boost the economy although at a slower rate due to mobility restrictions during the pandemic, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno.  Diokno projects a 0.50% “bump” to gross domestic product (GDP) due to increased spending for the May 2022 presidential elections. Previous elections contributed one percent to total GDP.  “There …

Philippine Airlines (PAL) secured an approval from a US court to access a $505-million debtor-in-possession (DIP) financing as part of its recovery plan. 

The Philippines is aiming to become top exporter of coconut products to China, next to other ASEAN countries. 

The Securities and Exchange Commission (SEC) warned the public against dealing with Pogi Breeds International, a group of players of the Axie Infinity game using investments solicited from clients. 

As the COVID-19 pandemic continues to take a toll on the local gaming industry’s revenue performance, the Philippine Amusement and Gaming Corporation (PAGCOR) recently approved the P34.64 million grant to cities and local government units that host a Casino Filipino branch. 

The launch of Shop & Pay signals another milestone in innovation for Globe as it aims to create a better experience for Filipinos looking for safe and convenient ways to make transactions in the new normal.

With how the world has changed over the past year, cashless transactions have become more of a necessity and a preferred payment option for most consumers. In fact, according to the Bangko Sentral ng Pilipinas (BSP), digital payments have increased by 5000% in almost the same period.

There’s no stopping Cherry Prepaid from doing more for its stakeholders. CherryMobile Communications, Inc. (CMCI), the company behind Cherry Prepaid, launches its fourth Concept Store here, to the delight of local residents.

The future of retail to boost customer experience is here Globe continues to elevate customer experience while keeping them safe with its new store concept that combines traditional brick-and-mortar Globe Stores with a digital retail format. Called Shop & Pay, the hybrid offering is a one-stop shop for all of Globe’s essential products and services. It was introduced as part …