No matter how carefully companies monitor sales, storage, and replenishment, inventory shrinkage continues to be the bane of retailers everywhere. Even the smallest amount of shrinkage can negatively impact your finances in a large way, making it essential to keep these rates as low as possible. Although inventory shrinkage is largely unavoidable, there are many […]
Choosing the right flooring for your home can set the tone for any space, and finding a balance between style and durability is key. SPC Vinyl flooring tiles are becoming a popular choice for modern interiors due to their versatile design and strength. They offer a combination of aesthetic appeal and practical benefits, making them […]
By Kyle Aristophere T. Atienza, Reporter THE PHILIPPINE government through its sovereign wealth fund has agreed to buy a 20% stake in a Filipino company that has a 40% stake in the National Grid Corp. of the Philippines (NGCP), according to the presidential palace. The Presidential Communications Office (PCO) said in a statement that the […]
REUTERS THE PHILIPPINE Economic Zone Authority (PEZA) saw a surge in investment pledges to P30.156 billion in January, putting it on track to boost investments by as much as 10% this year. In a statement on Monday, PEZA said its board approved P30.156 billion worth of investment pledges at its Jan. 23 meeting, 1,263% higher […]
A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. — REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to tighten rules on information technology (IT) controls and account security for financial institutions, as part of efforts to stamp out cybercrime and […]
Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Ayala Corp.’s (AC) plan o develop an electric mobility ecosystem in the Philippines. In photo: AC Treasurer Estelito Biacora, AC Chief Finance Officer Alberto de Larrazabal, ACMobility Chief Executive Officer, ADB Deputy Director General, Private Sector Operations Department Catherine […]
ROCKING TOGETHER (L-R): Aia de Leon, Hannah Romawac, Acel Bisa, Lougee Basabas, and Barbie Almalbis (not present is Kitchie Nadal who is out of the country). AFTER a successful one-night concert back in 2022, six of top Filipina rock singer-songwriters are reunited for a repeat performance. Having first gotten together for TANAW, Acel Bisa, Aia […]
The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERS THE SENATE on Monday approved on final reading a bill that seeks to cut the tax on stock transactions to 0.1% from 0.6%, aiming to encourage more Filipinos to invest in the stock market. Twenty-one senators unanimously voted in favor […]
1 of 8 THIRTY-TWO directors have received film grants to compete in the 2nd Puregold CinePanalo Film Festival, as announced at a press conference on Jan. 24 at Artson Events Place, Quezon City. Ivy Hayagan-Piedad, Puregold’s senior marketing manager, told the press that this edition saw “an intensely competitive application period.” The festival’s prompt was […]
COMMONS.WIKIMEDIA.ORG GOTIANUN-LED Filinvest REIT Corp. (FILRT) is diversifying its portfolio into the retail mall segment after a P6.26-billion property-for-share swap deal with its parent company and sponsor Filinvest Land, Inc. (FLI) for a mall in Muntinlupa City. FLI will transfer ownership of the 121,862 square-meter (sq.m.) main mall of Festival Mall in Alabang to FILRT […]