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Money Matters

DOST Releases Assistance for Nutcracker’s Facility Upgrading

Another entrepreneur received assistance from the Department of Science and Technology (DOST).   Through the Small Enterprise Technology Upgrading Program (SETUP), DOST released last Monday June 8, 2015, the check to Mr. and Mrs. Ruben Uy of The Nutcracker Homemade Products, a firm producing different kinds of peanut-based products. The firm ...

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Asian business leaders to meet with Duterte

By Serafin Ledesma, Jr. Davao City – The Asian CEOs will will come face to face with Davao City Mayor Rodrigo Duterte in a special luncheon event precisely to apprise themselves the person whom they referred to as the greatest city mayor in the history of the Philippines. The Asian ...

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Oil firms to hike pumping prices of gas, diesel

MANILA – Oil firms will hike gasoline prices by Php1.05 per liter and diesel prices by Php0.15 centavos per liter on Tuesday. Seaoil Philippines Inc. (SPI) and Chevron Philippines Inc. (CPI) will increase prices at 12:01 a.m., while PTT Philippines and Phoenix Petroleum Philippines will boost prices at 6 a.m. ...

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Apec eager in making MSMEs trade easier

MANILA – Member economies of Asia Pacific Economic Cooperation (Apec) are keen on easing trade for micro, small, and medium enterprises (MSMEs) as senior officials of commerce, trade and small business hasten efforts for easier and less costly trade within the region. Apec’s SME Working Group (SMEWG), in a series ...

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DTI probes prices of flour, instant noodles

THE Department of Trade and Industry (DTI) has been closely monitoring the declining trend in world market price of wheat since June 2011 based on the Minneapolis Grain Exchange (MGEX) data. The DTI now takes note that despite this declining trend in world market price of wheat, the monitored retail ...

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Armm wants ISO accreditation for proposed Bangsamoro region

COTABATO City – Taken aback when described as “musmos” or “sanggol” (infant) in a recent congressional hearing on the draft Bangsamoro Basic Law (BBL) that centered attention on the Autonomous Region in Muslim Mindanao (Armm), officials here want to prove the critics wrong as the region is seeking accreditation to ...

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Philippines back in 45-level ahead of US

THE Philippine peso ended Thursday at 45-level against the dollar, the second time it did this week, ahead of the release of US’ May 2015 retail sales report later in the day. It shed P0.24 and ended the day at 45.15 from day-ago’s 44.91. A trader said markets are awaiting ...

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Renowned scientist joins health institute

“IT’s inspiring to pursue a wide range of projects at nutrilite to stretch my abilities, and to learn from other scientists on our team. I enjoy sharing nutrition information with our business owners around the world to help them better explain the benefits of our products.” Alli Klosner is a ...

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Philippines still posts net ‘hot money’ inflows in May

THE Philippines has posted net inflows on foreign portfolio investments or ‘hot money’ at end-May 2015, despite consecutive net outflows for the last three months of the year. Bangko Sentral ng Pilipinas (BSP) reported Thursday that foreign portfolio investments at end-May 2015 recorded net inflows of USD1.6 billion. The five-month ...

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