World News
SEC readies investor education unit as scam cases rise
DYLAN GILLIS/UNSPLASH By Keren Concepcion G. Valmonte THE Securities and Exchange Commission (SEC) will be setting up an office dedicated to helping the public gain financial literacy following the rise in unauthorized investment schemes during the pandemic. “Chairperson Emilio B. Aquino plans to establish an Office on Investor Education to…
Read More »As low as P2,500 monthly with Malayan Bank Moto Loan
Malayan Bank makes it easier for people who plan to acquire a motorcycle through a loan. The motorcycle loan product, one of the bank’s “many products and services available,” is highlighted by an online selection of brand-new and used units. Malayan Bank’s quick and simple “search, select, and submit” process…
Read More »AG&P takes on $550-M construction projects in PHL
AGPGLOBAL.COM By Angelica Y. Yang, Reporter ATLANTIC Gulf and Pacific Co. (AG&P) has entered the second quarter with five construction contracts in the Philippines worth $550 million, including a project to build a liquefied natural gas (LNG) terminal in Batangas province, a company official said. Alex P. Gamboa, AG&P senior…
Read More »BMW PHL opens new flagship facility in Greenhills
1 of 2 SMC ASIA Car Distributors Corp. (BMW Philippines) has a new flagship dealership in the country, RSA Motors Greenhills. The largest local BMW facility is comprised of four floors and is located on Connecticut St. corner Florida St., Barangay Wack-Wack in Mandaluyong City — just a short distance…
Read More »ECQ, safeguard duties lead to 21.1% auto sales dip in Mar.
CAMPI President Atty. Rommel Gutierrez THE PROVISIONAL safeguard duty and the imposition of a two-week enhanced community quarantine (ECQ) across the contiguous so-called NCR Plus territory eventually led to an unsurprising decline in vehicle sales in the month of March. The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI)…
Read More »Geneva cruise
1 of 4 GENEVA, SWITZERLAND — We often hold up North America as the ideal when it comes to highways, motoring, and public transportation. But how about if we study the transportation model of Switzerland? After all, it’s often highlighted as the gold standard in efficient public transportation and timeliness…
Read More »Government agencies’ cash usage slows in Q1
The government agencies’ usage of cash allocations slowed in the first quarter of 2021. — PHILIPPINE STAR/ MICHAEL VARCAS THE rate at which government agencies use their cash allocations slipped in the first quarter, which an expert said may reflect the slow rollout of coronavirus vaccines and pandemic relief measures.…
Read More »PHL has fiscal space to aid recovery — IMF
The Philippines’ GDP slumped by a record 9.6% in 2020, as economic activity was restricted by lockdown measures aimed at containing the coronavirus disease 2019 (COVID-19) outbreak. — PHILIPPINE STAR/ MICHAEL VARCAS THE Philippines still has fiscal space which it could utilize to support its recovery from the coronavirus-induced crisis,…
Read More »Palace expects $4B in mining investments after ban lifted
TRUCKS load rocks and soil containing nickel-ore minerals onto a barge in Sta. Cruz, Zambales, Feb. 8, 2017. — REUTERS By Kyle Aristophere T. Atienza, Reporter THE Philippines is expecting about $4 billion in capital investments from three major mining projects, after President Rodrigo R. Duterte lifted last week the…
Read More »Gov’t debt repayments rise to P253 billion
THE National Government’s debt service bill jumped by 42.67% to P253.1 billion in the first two months of the year, the Bureau of the Treasury (BTr) reported. Latest BTr data showed debt service payments in those two months climbed from P177.4 billion a year ago, after the state repaid P33.3…
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SEC readies investor education unit as scam cases rise
DYLAN GILLIS/UNSPLASH By Keren Concepcion G. Valmonte THE Securities and Exchange Commission (SEC) will …
