Mushrooming opportunities: How TikTok Shop transformed Casi’s Mushroom chicharon business

Casi’s Mushroom Chicharon products As the digital landscape continues to reshape the business landscape, small and medium enterprises (SMEs) are finding new avenues for growth and expansion. Among these success stories stands Casi’s Mushroom Chicharon, a local business specializing in snacks crafted from organic white oyster mushrooms. With the rise of e-commerce platforms like TikTok […]

RFM Corporation to conduct 2024 Annual Meeting of the Stockholders virtually on June 26

RFM Corporation to conduct 2024 Annual Meeting of the Stockholders virtually on June 26 – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more […]

Cocolife announces Annual Stockholders’ Meeting via remote communication on June 26

Cocolife announces Annual Stockholders’ Meeting via remote communication on June 26 – BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an […]

5.9% GDP growth seen in Q2

The Quezon City Hall building is lit with the Philippine flag, May 28, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE PHILIPPINE ECONOMY may grow faster in the second quarter due to improved state spending, putting it on track to hit the low end of the government’s full-year target, according to First Metro Investment Corp. (FMIC) […]

DoF estimates P10B in foregone revenues from lower rice tariffs

A worker unloads a sack of rice at a warehouse in Tondo, Manila, May 7, 2024. — PHILIPPINE STAR/JOHN RYAN BALDEMOR THE DEPARTMENT of Finance (DoF) proposal to further lower the tariffs on rice imports is estimated to bring down prices by as much as P5 per kilo, but also result in around P10 billion […]

Central bank sees high probability inflation may breach target band

PHILIPPINE STAR/ MICHAEL VARCAS UPSIDE RISKS to the inflation outlook are seen to persist this year, mainly coming from elevated transport, food, electricity and oil prices, the Bangko Sentral ng Pilipinas (BSP) said. “The probability of inflation breaching the high end of the (2-4%) target band in 2024 and 2025 remains high, reflecting the possible […]

Regulator approves higher toll rates for NLEX starting June 4

PHILIPPINE STAR/MIGUEL DE GUZMAN By Ashley Erika O. Jose, Reporter THE Toll Regulatory Board (TRB) has approved higher toll rates for the North Luzon Expressway (NLEX) starting next week, its operator NLEX Corp. said on Wednesday. In a statement, the Metro Pacific Tollways Corp. (MPTC) unit said the regulator had greenlit the second-tranche implementation of […]

PSE stock market accounts up by 11.3% last year

REUTERS By Revin Mikhael D. Ochave, Reporter THE PHILIPPINE Stock Exchange, Inc. (PSE) on Wednesday said stock market accounts rose by 11.3% to 1.91 million last year from 2022, showing higher investor participation. The growth came from new accounts opened via the GStocks PH platform of electronic wallet GCash, the PSE said in a statement, citing […]

Yields on term deposits decline amid BSP’s policy easing hints

Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTO YIELDS on term deposits dropped on Wednesday amid signals that the Bangko Sentral ng Pilipinas (BSP) would soon begin its easing cycle. The term deposit facility (TDF) of the BSP fetched bids amounting to P226.658 billion on Wednesday, well above the P210 billion […]