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SEC backs crowdfunding as fund raiser for MSMEs

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The Securities and Exchange Commission pushes crowdfunding and other means of sourcing funds to alleviate the financial status of micro, small and medium enterprises...

Bank, government loan programs available for MSMEs

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Micro, small and medium enterprises (MSMEs) can avail of a bank or government loan program to finance their everyday operations or expand their businesses,...

Government 2Q borrowings ease to only $2.73 billion 

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The national government took out loans totaling $2.73 billion in the second quarter this year, all of it from the Japan International Cooperation Agency...

Statistics Authority registers over 80 million Filipinos under national ID system

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The Philippine Statistics Authority said Thursday has successtully registered over 80 million Filipinos to the Philippine ldentification System, or the national ID system, as...

e-wallets far more widespread in Phl than credit cards

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The Philippines is well on its way to a cash-lite future as the number of Filipinos owning e-wallets like Maya and GCash far outnumber...
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Jobless rate jumps in January as labor participation slips

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More Filipinos joined the ranks of the unemployed in January, with fresh labor data pointing to a softer job market after the Christmas season surge despite pockets of hiring across several industries.

Globe, GCash bring free Wi-Fi and cashless payments to Lucena Public Market

Communications & Technology 0
Globe Telecom and GCash have launched a pilot program providing free public Wi-Fi at Lucena Public Market to support cashless transactions among vendors and shoppers.

US expands forced-labor probe worldwide, Philippines included

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Washington has launched a sweeping trade investigation that now places the Philippines and 59 other economies under scrutiny over their enforcement of bans on goods made with forced labor.

IFC backs OnePuhunan to expand loans for rural women-led businesses

Banking & Insurance 0
The International Finance Corporation (IFC) and CreditAccess Philippines Financing Company Inc. (OnePuhunan) have formed a partnership aimed at expanding access to finance for micro and small businesses in rural areas of the Philippines, with a focus on women-led enterprises.

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