DA lists factors favoring lifting of rice price cap
An interagency committee has laid the predicate—declining prices and increasing supply--for President Ferdinand Marcos Jr. to lift the price cap on rice he implemented last month to curb inflation and buy time to go after grain smuggler and hoarders.
Fruitas buys cloud kitchen equipment from Foodpanda
Fruitas Holdings Inc., a listed food and beverage company, said Tuesday it purchased from Foodpanda cloud kitchen equipment for its wholly-owned subsidiary Fly Kitchen...
Fed policymakers see rates staying high for ‘some time’
U.S. Federal Reserve officials say that monetary policy will need to stay restrictive for "some time" to bring inflation back down to the Fed's 2 percent target, but their unity around that phrase masks an ongoing debate over another possible rate hike this year.
RCBC’s credit card issuance reaches 1-million mark
The Rizal Commercial Banking Corp. (RCBC) has breached the one-million benchmark in terms of credit cards-in-force.
Rural lender cited for outstanding performance in microfinance space
One bank stands out in the microfinance space in the Philippines, one that helped turn the lives of its micro, small and medium enterprise (MSME) borrowers living ordinary lives into productive entrepreneurs and employers helping spread the benefits of economic expansion, according to the prestigious publication Asiamoney.
