More articles about: Industry

 
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Here are seven ways you can transfer money to the province or to any location in the country.
While enhanced community quarantine is in effect to stop the spread of COVID-19, it has presented a number of challenges to the population—namely, transferring money to family members in the province. With everyone advised to stay home and countless shops and remittance ...
 
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No one will come out of this untouched.
The COVID-19 pandemic is affecting more than just public health—it’s also posing a threat to people’s very livelihoods as the virus’ biggest victim so far has been the economy. With enhanced community quarantine in place to stop the virus’ spread, businesses have ...
 
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The roller-coaster week of trading continues with a sharp decline and a circuit breaker.
After trading was suspended for two days, the Philippine Stock Exchange (PSEi) resumed activities today. At the start of trading, the PSEi recorded a 12.4-percent tumble, once again triggering a circuit breaker or a halt of activities. The decline reached 18 percent to ...
 
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He passed away on Tuesday, March 17.
Necisto Sytengco, chairman and founder of SBS Philippines Corporation, passed away at the age of 65 on Tuesday, March 17.Sytengco headed SBS as its president from 2001 to 2016 and served as its chairman from 2015 until the time of his death. ...
 
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Ayala Malls is working with DOLE to craft a solution for mall workers.
In support of the government’s Enhanced Community Quarantine, Ayala Malls took a stand and announced the temporary closure of all its Luzon malls effective March 17, 2020. While its Luzon malls will remain closed during the quarantine, some establishments within the malls will remain ...
 
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Ramon S. Ang says that the alcohol produced will be available for free to LGUs and hospitals.
San Miguel Corporation (SMC) is doing its part to prevent the spread of coronavirus by producing 70 percent ethyl alcohol in its own facility and working on distributing it for free.President and chief operating officer Ramon S. Ang said in a statement that the ...
 
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These are the guidelines for business operations, and lack thereof, for the duration of the quarantine.
The “community quarantine” officially began yesterday, on March 15, and we’re only really feeling its effects now. While consumers are witnessing the temporary closure of their favorite establishments, the business sector will be hit even harder as they forgo one month of ...
 
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Better to be safe than sorry.
Work-from-home is starting to look more and more attractive as commuting might just heighten the threat of catching COVID-19. Regular buses have stopped allowing overloading, and the metro trains are disinfecting coaches regularly. Grab is also stepping up its efforts against COVID-19, ...
 
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All sectors are feeling the impact of COVID-19, with the travel industry hit particularly hard.
As COVID-19 continues its spread across borders, its economic impact has become more and more apparent. Travel industries, such as airlines and hotels, have been hit hard, and events continue to be cancelled left and right to prevent the spread of the ...
 
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Accidents are expensive, so it’s time to be prepared.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to break down ...
 
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A Philippine- and Hong Kong-based company is helping companies shift to more meaningful operations.
For those new to the world of sustainability, the concept may easily be confined within the boxes of Corporate Social Responsibility, environmental consciousness, or something as simple as an annual report that's meant to be accomplished by the end of the year. ...
 
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Fraud is on the rise in the local business sector.
PricewaterhouseCoopers’ (PwC) Philippine report on the 2020 Global Economic Crime and Fraud Survey has found that fraud, bribery, and corruption continue to disrupt the growth of Philippine businesses. According to the report, 42 percent of the 101 Philippine businesses surveyed experienced crime ...
 
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Industry trends are shaping the workforce as new careers are in demand.
As local industries evolve, so do the demands of jobs in the Philippines. Niche tech jobs are growing in demand as the national digital economy is expected to be worth $25 billion (P1.27 trillion) in just five years in 2025. E-commerce is ...
 
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Remote work may sound like an appealing set-up, but it has its drawbacks.
In recent years, remote work has been gaining popularity in different parts of the world. Here in the Philippines, the Telecommuting Act of 2017, which allows employees in the private sector to work outside of the office—like at home—with the use of telecommunication ...
 
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It's the worst loss in the company's history.
PAL Holdings Inc. confirmed in a disclosure on the Philippine Stock Exchange that the company incurred a whopping net loss of $208 million or P10.54 billion in 2019.In an article published by Inquirer.net on March 2, the publication claimed that the airlines ...
 
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The budget airlines is refocusing its efforts at home.
It looks like Philippines AirAsia is delaying its stock market debut once again due to the impact of COVID-19 on the airline industry.The budget airlines revealed that its planned initial public offering (IPO) has been put on hold as AirAsia focuses on ...
 
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Instagram is the unofficial social media home for brands and businesses.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to break down ...
 
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Fifty percent will be allocated to the Build, Build, Build Program
The Asian Development Bank (ADB) has announced its plans to lend a “record high” of $3.3 billion (or P168.35 billion) to the Philippine government for the year of 2020. Approximately half of the loan will be allotted to the government’s Build, Build, ...
 
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Generation Y is getting ready to settle down.
Contrary to the popular belief that millennials aren’t ready to settle down, Lamudi’s latest study has found that millennials are the biggest demographic of customers on the property platform’s website.In Lamudi’s 2020 Real Estate Sector Outlook report, the study found that users ...
 
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This survey took a deep dive into the Philippine startup ecosystem.
The ecosystem of startups in the Philippines has been slowly and steadily growing in the last few years, nurturing a number of standout startups, like Coins.ph and Investagrams, to name a few. In 2020, the ecosystem is now home to more than: ...
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