Through official correspondences, Roxas and Company, Inc. (RCI) censured Nasugbu Mayor Antonio Jose Barcelon for issuing inaccurate and “malicious” statements against the publicly-listed firm, and notified him about the possibility of facing legal action for doing so. In two separate letters addressed to the mayor’s office, RCI refuted Barcelon’s earlier claims that were posted on his official social media accounts, …
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As a young Filipino-Chinese kid who spent my childhood years staying in my paternal grandparents’ store during school breaks in Binondo, Manila, I personally witnessed how a measly 25 or 50-centavo profit from every item they sold was enough to put a smile on their faces. Back then, I didn’t understand that it was my grandparents’ ploy to lure repeat …
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Global cybersecurity giant, Kaspersky, reported that the Philippines had the highest increase in web threats in 2023 jumping by 243 percent, compared to its neighbors in Southeast Asia, or from 492,567 incidents in 2022 to 1.69 million in 2023. Singaporean businesses experienced an 86-percent rise from 889,093 in 2022 to 1.65 million in 2023 while Thai companies saw a notable …
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The Philippines must take all precautions against money laundering (or dirty money obtained illegally and intended for criminal syndicates) or it might forfeit all its hard work to exit the ‘gray list’ of the Financial Action Task Force (FATF’s) jurisdiction under its increased monitoring for dirty money. The Philippines has been on the ‘gray list’ since June 2021. Gaming resorts– …
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By Rose de la Cruz For the longest time, the public schools are being used as evacuation centers during calamities (natural or man-made). Thus, classes are disrupted and in the end students suffer, which is why we now have a learners’ crisis syndrome in the country. The Department of Education has made clear at the last meeting of the National …
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By Rose de la Cruz Royalties are only fed information by those around them. But not Queen Maxima of the Netherlands, who is conducting field visits and meeting with top economic officials and the President to work for wider financial inclusion and better financial health of all people. The Queen, as United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development …
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By Rose de la Cruz Following the numerous visits and attendance to top level meetings in the United States of President Marcos and his economic team, the United States Trade and Development Agency has approved the release of funds to help the modernization and buildout of electricity transmission and distribution networks in the Philippines. The USTDA announced the grant at …
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By Rose de la Cruz Top economists of the country, led by Secretary Arsenio Balisacan of the National Economic and Development Authority, met with Queen Maxima of the Netherlands, who is here for three days as UN Secretary General’s Special Advocate for Inclusive Finance for Development, for a strategic dialogue to amplify inclusive finance innovations that tackle financial inclusion challenges …
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The Philippine Postal Corporation (PHLPost) has released new commemorative stamps to mark the 425th Foundation Day of the City of Malabon on May 21, 2024. The commemorative stamps symbolized the rich history, culture and culinary tradition of the City known during the Spanish era as Tambobong. City Mayor Jeannie N. Sandoval and Postmaster General Luis D. Carlos unveiled the said commemorative …
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The Market Monitor Minding the Nation's Business