Local products are on display at a trade fair in Ilocos. PHOTO COURTESY OF EMMA JOYCE GUILLERMO

OTOP law ‘perfect’ for recovering MSMEs

THE One Town, One Product (OTOP) Philippines Act is the true embodiment of the “Filipino first policy” that the country needs to help micro,...
Filipinos are buying food and other basic commodities in sachets due to increasing costs. PHOTO COURTESY OF ABS-CBN NEWS

More Filipino consumers turn to sachets amid inflation – study

More Filipino families are buying food and other necessities in small packets or sachets as prices rise, market research firm Kantar said. "Aside from more...
The value of basic deposit account deposits at the end of the first quarter of 2023 amounted to P27 billion, according to the Bangko Sentral ng Pilipinas. ABS-CBN NEWS PHOTO

Nat’l ID registration boosts basic deposit accounts’ growth

REGISTRATION for the Philippine Identification System (PhilSys) has helped fuel the growth of basic deposit accounts (BDAs) by 170 percent year-on-year to 21.9 million...
General Santos City is dubbed as the “Tuna Capital of the Philippines.” Photo shows yellow fin tuna at the city’s fish port complex. GENERAL SANTOS CITY NEWS PHOTO

PH now among world’s top tuna producers – BFAR

THE Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) said the Philippines is now among the world's leading producers of tuna. “With unwavering determination,...
President Ferdinand Marcos Jr. and Montenegro Prime Minister Dritan Abazović. PRESIDENTIAL COMMUNICATIONS OFFICE HANDOUT

PH, Montenegro eye stronger tourism ties

THE Philippines and Montenegro are planning stronger two-way tourism exchanges that could strengthen cooperation and boost the two countries' economies, Malacañang said. Press Secretary Cheloy...
ICTSI and Metrobank close a USD750 million six-year loan term facility to fund the port operator’s expansion. In photo (from left): ICTSI VP and Treasurer Arnie Tablante; ICTSI EVP, Chief Compliance Officer and Chief Sustainability Officer Christian Gonzalez; Metrobank President Fabian Dee; ICTSI Chairman and President Enrique Razon Jr.; Metrobank Chairman Arthur Ty; Metrobank Institutional Banking Sector Head Mylene Caparas; and Metrobank Corporate Banking Group Head Anton Yap.

ICTSI inks USD750 million loan facility with Metrobank to boost operations

International Container Terminal Services, Inc. (ICTSI), the world's largest, independent terminal operator across six continents, has secured a USD750 million loan from one of...
Photo by Patrick Tomasso on Unsplash

10 Practical Ways to Simplify Your Brick-and-Mortar Store’s Checkout and Payment Processes

While the rise of e-commerce and the recent COVID-19 pandemic initially spelled doom for brick-and-mortar stores all across the world, in countries like the...

BSP sees inflation rising to 4.8%-5.6% in August

INFLATION is seen to snap its six-month deceleration streak this month amid higher rice prices and transportation costs, according to the latest projection by...

BIR logs 100% resolution, compliance rates in ‘8888 Center’

THE Bureau of Internal Revenue (BIR) achieved 100 percent resolution and 100 percent compliance rates in handling complaints from January to June this year. This...
President Ferdinand Marcos Jr. approves the joint recommendation of the Department of Agriculture and Department of Trade and Industry to set price ceilings on rice in the country. AJ PALCULLO/PN

DTI to strictly monitor rice prices amid imposition of price caps

THE Department of Trade and Industry (DTI) will strictly monitor the retail prices of rice on the heels of the imposition of price ceilings...