Boosting financial inclusion through satellite internet

Kacific can provide last mile connectivity solutions for banks and cash agents as well as local communities so they can access digital finance. One of the fundamental characteristics of any modern developed economy is near-universal financial inclusion, where all citizens have access to a formal financial system. More than ever, banking depends on internet connectivity […]

Experience Innovation Revolution with CHERY Auto PHL at PIMS 2022

CHERY Auto Philippines’ distributor, United Asia Automotive Group, Inc. (UAAGI), redefines Filipino motorists’ concept of automotive luxury, electrification, and performance, with its theme “Innovation Revolution” at the 8th Philippine International Motor Show (PIMS) at the World Trade Center in Pasay City from Sept. 15 to 18, 2022. CHERY has started the innovation movement that brings […]

Vehicle sales nearly double in Aug.

Motorists endure heavy traffic along Commonwealth Avenue in Quezon City, July 28. — PHILIPPINE STAR/ MIGUEL DE GUZMAN SALES OF VEHICLES in the Philippines nearly doubled in August, driven by strong demand for commercial vehicles as Congress considers a measure removing the excise tax exemption for pickup trucks. According to a joint report by the […]

Sugar prices to go down as imports expected to arrive by November

A MAN repacks sugar in packets at a public market in Taguig City, Aug. 27, 2008. — REUTERS/CHERYL RAVELO By Luisa Maria Jacinta C. Jocson, Reporter SUGAR PRICES may soon drop as imports of refined sugar are expected to arrive by November.  This after the Sugar Regulatory Administration (SRA) issued Sugar Order (SO) No. 2 […]

Nat’l budget seen to benefit from peso depreciation

BW FILE PHOTO THE CONTINUED WEAKNESS of the Philippine peso against the US dollar works for the benefit of the proposed 2023 national budget, Finance Secretary Benjamin E. Diokno said, as it would translate to higher revenues and a narrower fiscal gap. “On the exchange rate, without saying that I favor the depreciation, the impact […]

BIR aims to have 100% of tax payments  done online

PHILIPPINE STAR/ RUSSELL A. PALMA THE BUREAU of Internal Revenue (BIR) is aiming to have all taxpayers file their returns and pay their taxes through electronic means. “Our objective is to make that a hundred percent — all taxpayers electronically filing and paying (taxes),” BIR Commissioner Lilia C. Guillermo said during a Senate Finance Committee […]

Consistent application sought for key ERC ruling

LUIS-TOSTA-UNSPLASH ACEN Corp. has joined participants in the energy sector that have called on the regulator to decide on a joint plea by the country’s dominant power distributor and its energy supplier to hike their previously approved electricity rate to reflect unforeseen events. The call from the Ayala-led renewable energy platform came days after the […]

Israeli companies seek ICT cooperation with Philippine counterparts

CHARLESDELUVIO-UNSPLASH ISRAEL has vowed to connect Israeli information communications technology (ICT) firms with Philippine stakeholders to strengthen trade relations and boost technological innovation between the two countries, the Israeli embassy said on Wednesday. During a business-to-business networking event organized by the embassy at the New World Hotel in Makati City, Israeli Ambassador Ilan Fluss said […]

Tan-led firm expects leasing recovery on re-emerging POGO

eWestPod LUCIO C. TAN group’s Eton Properties Philippines, Inc. said that demand for its office developments has shown recovery in the second half of the year on the re-emergence of Philippine Offshore Gaming Operators (POGOs). “With the perceived stability and confidence of a new administration and the market starting to normalize, Eton Properties gradually felt […]

FEU reports surpassing pre-pandemic student population for 2022-23

FAR EASTERN UNIVERSITY, Inc. (FEU) said in a report on Wednesday that its student population for the school year 2022-2023 exceeded pre-pandemic levels on eased mobility restrictions. “The easing of quarantine restrictions and normalized economic activities, including the return to in-campus learning under a face-to-face class set-up, together with in-person onsite reporting by administrative staff, […]