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The Global Business, Investment, & Travel Briefing for the Global Filipino Community

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Business

1215 posts
  • Entrepreneur

IPOPHL partners with AIM Dado Banatao Incubator to sustain local start up growth

  • January 21, 2021
  • Balikbayan Media Center
In a bid to spur the growth of local startups, the Intellectual Property Office of the Philippines (IPOPHL) signed on Dec. 10, 2020 a memorandum of agreement (MOA) with the…
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  • Entrepreneur

Department of Trade and Industry to hold first-ever Virtual National Trade Fair

  • January 21, 2021
  • Balikbayan Media Center
The Department of Trade and Industry (DTI), through the Bureau of Domestic Trade Promotion (BDTP) and in collaboration with the DTI Regional and Provincial Offices, will be hosting the first-ever…
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  • Entrepreneur
  • Technology

DTI issues national standard guidelines for e-commerce transactions

  • January 19, 2021
  • Balikbayan Media Center
As more online businesses emerge amidst the Covid-19 outbreak, the demand for guidelines on online transactions also increases. The DTI takes seriously the drafting of policies to ensure that online…
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  • The Economy

DTI Davao Region hits 2020 target amid pandemic

  • January 19, 2021
  • Balikbayan Media Center
Amid the global pandemic, the Department of Trade and Industry (DTI) in Davao Region successfully delivered its 2020 targets and intensified its assistance to micro, small, and medium enterprises (MSMEs)…
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  • The Economy

Remittances projected to sustain the strength of the Philippine Peso

  • January 18, 2021
  • Balikbayan Media Center
Inflows of remittances from overseas Filipino workers (OFWs) amidst the pandemic is anticipated to be among the major driving forces of the Philippine Peso’s continued strength for 2021. In a…
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  • The Economy

Philippine economy projected to recover by 5.5%-6.5% in 2021

  • January 18, 2021
  • Balikbayan Media Center
With sustained government spending and the rollout of coronavirus vaccines, the investment banking arm of the Metrobank Group, First Metro Investment Corporation, anticipates the Philippine economy to spring back into…
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  • The Economy

Economic recovery, vaccine rollout projected to fuel remittances to the Philippines

  • January 17, 2021
  • Balikbayan Media Center
Continuous global demand for Filipino medical workers along with the eventual rollout of the Covid-19 vaccines are projected as among the drivers of remittance inflows to the Philippines this year.…
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  • Entrepreneur

Increasing demand for Philippine products in the UAE

  • January 14, 2021
  • Balikbayan Media Center
The Philippine Trade and Investment Center (PTIC) in Dubai said the United Arab Emirates (UAE) remains a lucrative market for Philippine produce and goods as food exports to the Middle…
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  • Real Estate

Cebu City remained top provincial property hotspot in 2020, Davao second

  • January 14, 2021
  • Balikbayan Media Center
In its latest report, property finder Lamudi said Cebu City remained the top property hotspot outside of Metro Manila in 2020. Property seekers looked mostly in Cebu City to rent…
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  • Real Estate

BSP, BCDA sign contract of lease for new BSP complex at New Clark City

  • January 14, 2021
  • Balikbayan Media Center
The Bangko Sentral ng Pilipinas (BSP) and the Bases Conversion and Development Authority (BCDA) signed Wednesday, Jan. 13, a contract for lease of a parcel of land at the New…
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  • The Economy

Bank lending growth eases anew in November

  • January 14, 2021
  • Balikbayan Media Center
Preliminary data show that growth of outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the BSP, declined to 0.3 percent in November from 1.8…
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  • The Economy

BIR, BOC overshoot DBCC revenue targets in 2020

  • January 12, 2021
  • Balikbayan Media Center
The Bureaus of Internal Revenue (BIR) and of Customs (BOC) have both surpassed their respective collection goals set by the Development Budget Coordination Committee (DBCC) for 2020, collecting a combined…
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  • Entrepreneur

DTI Chief: Business outlook more optimistic in 2021 as Government implements recovery programs

  • January 12, 2021
  • Balikbayan Media Center
Department of Trade and Industry Secretary Ramon Lopez expressed confidence in a more optimistic business outlook for 2021 in reaction to the latest Social Weather Stations (SWS) report of the…
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  • The Economy

Philippines continues to defy global trend of credit rating downgrades

  • January 12, 2021
  • Balikbayan Media Center
Fitch keeps country’s ‘BBB’ rating with ‘stable’ outlook International debt watcher Fitch Ratings has kept the Philippines’ investment grade credit rating of “BBB” with a “stable” outlook, citing the manageable…
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  • Entrepreneur

SEC approves country’s first crowdfunding portal

  • January 9, 2021
  • Balikbayan Media Center
The Securities and Exchange Commission (SEC) has allowed Investree Philippines, Inc. to operate a crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. In its December…
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  • The Economy

Estrella-Pantaleon Bridge ahead of schedule, set to open later this year

  • January 8, 2021
  • Balikbayan Media Center
Department of Public Works and Highways Secretary Mark A. Villar announced that come second quarter of 2021, motorists will be able to utilize the widened and modernized Estrella-Pantaleon Bridge that…
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  • The Economy

DTI partners with the Cebu Provincial Government in rebuilding Cebu’s economy

  • January 7, 2021
  • Balikbayan Media Center
In response to the COVID-19 health crisis that resulted in the extensive loss of jobs and incomes, the Cebu Provincial Government, in partnership with the Department of Trade and Industry…
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  • The Economy

MIMAROPA LGUs win big at 2020 LGU competitiveness ranking

  • January 6, 2021
  • Balikbayan Media Center
Puerto Princesa City, Palawan, Pinamalayan, Oriental Mindoro, and Romblon, Romblon, top the list of most improved LGUs among Highly Urbanized Cities (HUCs), 1st to 2nd Class Municipalities, and 3rd to 4th Class Municipalities nationwide,…
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  • Business

San Miguel Corporation tollways to go 100% cashless by January 11

  • January 6, 2021
  • Balikbayan Media Center
San Miguel Corporation (SMC) has reached its target of 156 radio frequency identification (RFID) stations last December 29, as its expressways gear up for cashless toll collections next week. “…We’re…
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  • Columnists
  • Entrepreneur

Family Business Stewardship Is a Lasting Gift

  • December 30, 2020
  • Professor Enrique Soriano
A few weeks ago, I witnessed a wonderful change of leadership between the founding father and the next-generation successor, his son. The latter was not the eldest, but he was the most qualified. The…
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