The rapid adoption of e-wallets in the Philippines marks a significant shift in how Filipinos manage their finances. As digital payment platforms like GCash, Maya, and others become integral to everyday transactions, more Filipinos are experiencing the convenience and efficiency that e-wallets offer. From paying bills and purchasing goods to transferring funds and receiving remittances, e-wallets provide a level of …
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By Rose de la Cruz GROW bamboo and reduce the cost of constructing a house or any infrastructure project, The Asian Development Bank is now encouraging developing countries, including the Philippines to help farmers by pushing them to grow more bamboos for ecological and economic considerations. Growing bamboo in developing countries could help farmers access the financial market and bring …
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DEPARTMENT of Science and Technology Secretary Renato U. Solidum Jr. asked investors to direct their efforts and support to the wide array of sciences available that match their business needs in their fields. DoST, through its Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development, and the Pampanga State Agricultural University and the Association of PAQE Professionals are now …
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A type of bacterium called Escherichia coli (E. coli), found in the feces of humans and animals, is often released into bodies of water such as streams. Although most E. coli strains are harmless, some can cause foodborne diseases such as gastroenteritis, typhoid fever, and dysentery. Feces are a major source of microbial contamination in fresh produce. With the rise …
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Jamaika Aguhob graduated at the Mindanao State University in Marawi City with a Bachelor of Science in Agriculture degree years back as a Department of Agrarian Reform (DAR) scholar Jamaika’s father, a beneficiary of the DAR, prodded her to finish college eve after losing her mother. And despite their financial challenges and doubts about affording a college education, her father …
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“The development gives TecPlata an advantage over the terminals in the city of Buenos Aires, where the channels are limited to 10 meters,” said Juan Pablo Trujillo, TecPlata chief executive officer. He added: “Our next objective is to deepen the access channel to a depth of 14 meters, similar to the design of the container terminal, to bring Argentina on …
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The Department of Trade and Industry (DTI) welcomed the House Committee on Trade and Industry’s approval of the House Bill No. 10678, also known as the Clark National Food Hub (CNFH) Act. This bill aims to establish a major food hub in Clark, Pampanga to improve food security, enhance supply chain efficiency, and promote economic growth. “With the CNFH Act, …
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Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has been recognized as one of the top-performing central bank governors globally, receiving an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards. The prestigious annual ranking evaluates central bankers from nearly 100 countries, territories, and regions. Governor Remolona completed his first year in office on 3 July 2024. …
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Citywire Asia recognizes Metrobank as the Best Asset Manager for the Philippines and names Metrobank Investment Management Head Cristina Gabaldon as one of the 2024 Top 25 ASEAN Selectors at the Citywire Asia ASEAN Awards. “We are honored to be recognized by one of the trusted financial publications worldwide. These awards show our strength in providing a wide spectrum of …
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China Banking Corporation (Chinabank, PSE Stock symbol: CBC) saw its net income from January to June 2024 rise to a record P11.4 billion, up 6% compared to the same period last year on the back of stronger core lending and deposit-taking activities. This translated to a return on equity of 15.1% and a return on assets of 1.5%, still among …
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The Market Monitor Minding the Nation's Business