More articles about: Money

Tim Ho Wan, the critically acclaimed dim sum restaurant chain from Hong Kong, has finally made its debut in mainland China 11 years after its inception. China’s first-ever Tim Ho Wan is located in Shanghai, the financial hub that is home to ...

The global crisis that hit 2020 didn't spare anybody. Non-essential businesses had to either transition to a work-from-home setup or even completely shut down. This also means that to stay afloat, companies had to make the difficult decision of letting some people ...

We’ve talked about cloud kitchens extensively this year, and for good reason. The “foodtech” innovation is one way the F&B industry has managed to keep its head above the water during these tumultuous times. Serving mainly the smaller food brands, namely MSMEs, ...

There’s always a need for a higher salary regardless of your age, status, or level as our responsibilities progress as well. An increase in salary is typically given to an employee upon regularization, during annual merit increase, or a promotion. Asking for a raise outside ...

Tycoon Dennis Uy is in the headlines once more, this time for Udenna Corporation’s expressed interest to secure Shell’s 45 percent stake in the Malampaya gas field. Udenna Corp. already owns 45 percent of Malampaya, while the government, through the state-owned Philippine ...

The rising payment platform PayMongo from the Philippines is on a roll. The fintech startup has raised $12 million in a Series A financing, just one year after securing $2.7 million in seed funding. This leaves the total investment so far to ...

Cloud kitchens are on the rise in the Philippines. With restaurants still shuttered or operating at only 30 percent capacity, cloud kitchens have offered an innovative solution for the struggling F&B industry. A cost-effective industry innovation, cloud kitchens operate without a brick-and-mortar ...

As hotels close left and right, rumors are flying about the fate of some of the country’s top-tier hotels. The Peninsula Manila is the latest luxury hotel to be put in the spotlight after a story by The Philippine Star claimed that “The ...

Online classes and home-based businesses that use the internet can operate as "normal" even during PLDT Inc's scheduled maintenance, which was also shortened compared to an earlier advisory, the telco said late Thursday.Top story: How to Immigrate to Canada and Other Peaceful CountriesIt will start at 9 a.m. Saturday, instead ...

The Securities and Exchange Commission (SEC) has cleared the way for the initial public offering of Converge Information and Communications Technology Solutions (Converge ICT), Inc. for a maximum of about P41.55 billion.Also read: Study Reveals the Two Pop Songs Most Enjoyed by Psychopaths  It is ...

ABS-CBN Corporation’s chairman emeritus, Eugenio “Gabby” Lopez III, has formally resigned from his post, citing “personal reasons.”Top story: Study Reveals the Two Pop Songs Most Enjoyed by PsychopathsHe has also resigned as director from a number of Lopez family businesses, such as ABS-CBN ...

In the Philippines, Christmas is usually the best time of the year for the retail industry. In the spirit of giving, Filipinos don’t shy away from buying gifts for loved ones, décor for the home, and piles of groceries for big Christmas ...

MerryMart Grocery Center Inc. is capitalizing on the rise of on-demand grocery delivery service with a partnership with FoodPanda. The supermarket subsidiary of Edgar “Injap” Sia’s listed MerryMart Consumer Corp. has signed an agreement with food delivery platform FoodPanda Philippines through its ...

The pandemic may have slowed down the economy, but it’s apparently not slowing down tycoon Dennis Uy. The head of Udenna Corp. just received a greenlight from the Securities and Exchange Commission (SEC) for its follow-on P1.125 billion stock offering of common ...

There's been much debate about what makes one poor, middle class, and rich. And, to answer that, the Philippine Institute for Development Studies (PIDS) has released its profile and determinants of the middle-income class in the Philippines, which also expounds on the poor, ...

With the community quarantine lasting more than six months, a lot of people are surely looking for alternative ways to make an income. We know that many of them wish to find a job where they can work from home, but they are ...

After flights and travel plans were canceled due to the Philippines’ lockdown, which is in its sixth month, airlines were faced with the financial burden of zero income due to the pandemic and refunding thousands of tickets.Top story: How To Spot Fake Rich ...

Samie Lim, the “Father of Franchising” in the Philippines, envisions the years 2021 to 2025 to be the “Golden Age of Franchising.” Paving the way for this era is the first-ever Franchise Asia Philippines 2020 Virtual Conference, which is happening on September ...

Many people have turned to starting a small food business when the COVID-19 pandemic hit, and why not—food is something you can technically earn money from without leaving your home. We’ve seen the rise of trends like ube-cheese pandesal and sushi bake, it’s still important ...

The world’s rich list has long been predominantly male, so we’d like to shed light on the women highlighted in Forbes’ Philippines’ 50 Richest list. These are the female titans in business and society, whose legacies are the household brands of the ...