Asian Business and Economy

Business Digital Currency E-Money Investment in the Philippines Philippines Smartphone Technology

Smartphone boom driving jump in digital payments in the Philippines

A motorist pays toll at the North Luzon Expressway with a PayMaya-issued card. PayMaya offers a smartphone app that allows users to create a "virtual" credit card, without needing a bank account.PHOTO: PAYMAYA In the Philippines, cash is still king. Just one in 10 Filipinos transact online via...

Business Initial Publlic Offering Investment in the Philippines Wilcon Depot

Wilcon to raise ₱7 Billion Php in Philippines’ 1st IPO this year

1:15 AM By Makisig Bayani 0 Comment

Wilcon Depot San Pablo. Photo: Inquirer WILCON Depot, Inc. is raising ₱7 billion in the first initial public offering (IPO) this year after pricing the deal at the low end of its target range. In a statement released on Friday, First Metro Investment Corp. (FMIC) Executive Vice-President Justino...

Business Economy Investment in the Philippines Luzon Philippines Renewable Energy Solar Energy Solar Power Plant

Solar Philippines Breakground $150 Million USD Solar Farm in Tarlac

1:06 AM By Makisig Bayani 0 Comment

At the ceremonial groundbreaking of the 150-MW Tarlac solar farm, with the first ‘Made in the Philippines’ panels by Solar Philippines are (from left): Energy Secretary Alfonso Cusi, Solar Philippines president Leandro Leviste, Tarlac Governor Susan Yap and Concepcion Mayor Andy Lacson Photo: PhilSTAR Solar pioneer starts 150-MW...

Betrayal of Public Trust Economic Sabotage Impeachment Leni Robredo Philippines Politics UNGA United Nations

Former U.N. General Assembly Hits Leni Robredo “IMPEACHABLE ACT”: Betraying Public Trust & Economic Sabotage

8:45 AM By Makisig Bayani 0 Comment

A former delegate to the United Nations General Assembly (UNGA) has assailed Vice President Leni Robredo for “misrepresenting” millions of Filipinos when she addressed the 60th annual meeting of the UN Commission on Narcotic Drugs via a video message that highlights alleged rights abuses in President Rodrigo Duterte’s...

Business China Yuan Currency Trade Investment in the Philippines Philippine Peso

ASIA: China's Yuan Top, 2nd: Philippine Peso - Real effective exchange rate S&P Rating

2:41 AM By Makisig Bayani 0 Comment

China's Yuan and Philippine Peso - leading currencies in the Asia Pacific China’s yuan strongest real effective exchange rate, PHL peso second The Chinese currency rose as the strongest in terms of real effective exchange rates among nine Asia-Pacific countries, followed by the Philippines peso, Standard & Poor’s...

Business Investment in the Philippines Japan Philippines

Seven Japanese trading houses investing $3.9b in Philippines

9:36 AM By Makisig Bayani 0 Comment

Sumitomo Farming Technology Seven major Japanese trading houses are looking at investing up to $3.9 billion (₱198.5 billion) in different industries in the Philippines. After his recent trip to Tokyo, Department of Trade and Industry (DTI) secretary Ramon Lopez disclosed on Monday (March 13) that the Japanese companies...