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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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Mynt IPO likely to price below P10, analysts say

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Mynt Inc., the company behind leading fintech platform GCash, may see its upcoming initial public offering (IPO) priced below the stated P10 indicative level, according to market analysts.

Aznar Shipping files IPO to fund expansion

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Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

Trade & Investments 0
President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Transport & Logistics 0
Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

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