Recent Posts

Figaro Coffee Group Continues Quarterly and Annual Growth in 2023

The Figaro Coffee Group, a stalwart in the Philippine food and beverage industry, proudly presented its quarterly financial report for the period spanning October 1 to December 31, 2023, demonstrating robust growth and a solid financial standing. The company saw improvements in top-line sales, bottom-line margins, enhanced store operations, strengthened commissary capacities, and laid the groundwork for further growth in …

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BSP, Deutsche Bundesbank formalize capacity building ties

The Bangko Sentral ng Pilipinas (BSP) and the Deutsche Bundesbank formalized their partnership on capacity building for BSP personnel through a Memorandum of Understanding (MOU) signed on 22 January 2024 at the BSP Head Office in Manila. Deutsche Bundesbank is the central bank of the Federal Republic of Germany. BSP Governor Eli M. Remolona, Jr. said, “For many years now, …

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FDA set to reduce review, approval time of generic drugs’ applications

On the directive of President Ferdinand R. Marcos Jr., the Food and Drug Administration (FDA) is set to shorten the period of review and approval processes of applications of generic drugs from 120 days down to only 45 days. “I’m on the verge of signing the memorandum circular for the facilitation of FRP for generic drug – it means it …

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