Category: Business

Cloud technology upskilling

RESKILLING workers is more urgent than ever. The Covid-19 pandemic accelerated digital transformation across all organizations, creating technology competency gaps in areas such as automation,...

Beneco to forgo late payment penalties

THE Benguet Electric Cooperative Inc. (Beneco) has resolved “to condone” penalties for late payment of electricity bills amid leadership squabble at the power co-op. Beneco...

IT-BPM lead office space demand

DEMAND for office space is seen surpassing last year’s figure by year end to be led by the IT Business Process Management (IT-BPM) sector, Leechiu...

PSE OKs Medilines first IPO

THE Philippine Stock Exchange (PSE) on Thursday said it has approved the initial public offering (IPO) of medical equipment distributor, Medilines Distributors Inc. PSE President...

FLI gets high credit rating

Gotianun-led Filinvest Land Inc. received the highest issue credit rating from the Philippine Rating Services Corp. for its proposed P10-billion bond issuance. In a statement...

Acceleration of digital adoption urged

AS the Covid-19 altered businesses’ operations, small and medium enterprises (SMEs) and Small and Medium Practitioners (SMPs) should accelerate digital adoption to help them cope...

DBP approves P38-B assistance to LGUs

STATE-OWNED Development Bank of the Philippines (DBP) announced that it has approved P38.28 billion in financing assistance to 110 local governments for the first six...

Govt to lose P131B on fuel tax suspension

THE government could lose P131.4 billion in revenue next year if the fuel excise tax is not implemented, the Department of Finance (DoF) warned on...

PSEi climbs, breaks through 7,300 mark

THE local bourse further climbed and breached the 7,300 mark on Thursday amid the improving pandemic situation in the country. The benchmark Philippine Stock Exchange...