CDA: Saving money through cooperatives is beneficial

Niña Mae C. Oliverio 12/04/2024

CEBU CITY, Philippines — The Cooperative Development Authority (CDA) Central Visayas hopes that more young people will join cooperatives. Cristina Villamil, regional director of CDA-7, said in a news forum of the Philippine Information Agency here that…

DOLE: 10 regional boards issue wage hike orders

Ferdinand Patinio - Philippine News Agency 12/03/2024

MANILA – Ten Regional Tripartite Wage and Productivity Boards (RTWPBs) have issued their respective orders granting a hike in the daily minimum wage of private sector workers, the Department of Labor and Employment (DOLE) said Tuesday. In a…

DTI-7 on Christmas items’ prices: Cebu establishments compliant

Niña Mae C. Oliverio 12/03/2024

CEBU CITY, Philippines — Approximately 35,000 establishments in Cebu are compliant with the suggested retail prices (SRP) of the Department of Trade and Industry (DTI), an official from the regional office reported on Tuesday. Joy Suralta, chief…

Strong US alliance seen boosting PH stocks to 8,600 in 2025

Meg J. Adonis - @inquirerdotnet 12/02/2024

The Philippines’ strong alliance with the United States could protect it from the effects of another Donald Trump presidency, potentially helping the local stock market reach 8,600 by the end of 2025. Strong US alliance seen boosting…

Tips for buying Christmas gifts and how to avoid being scammed

Niña Mae C. Oliverio 11/30/2024

CEBU CITY, Philippines — Where would you buy Christmas gifts for your loved ones? Would it be via online or at physical score? Holiday season or not, scammers will always find ways to take advantage of innocent…

Bonifacio Day: Double pay for private sector workers, says DOLE

Ferdinand Patinio - Philippine News Agency 11/30/2024

MANILA – Private sector workers who will report to work on Saturday are entitled to receive 200 percent (double-pay) of their daily wage. In a labor advisory Friday, Secretary Bienvenido Laguesma reminded the employers to follow the pay…

PlayStation: Fun facts to know as Sony’s console turns 30

Agence France Presse 11/29/2024

TOKYO, Japan — Since 1994, PlayStation’s five consoles have changed video game history. From the development of the controller to scuffles at stores to Saddam Hussein’s military, here are five interesting things to know: READ MORE: PlayStation…

Philippines wins world’s leading dive destination title anew

Joyce Ann L. Rocamora - Philippine News Agency 11/28/2024

MANILA – The Philippines is the World’s Leading Dive Destination by the 2024 World Travel Awards (WTA), the sixth time the country earned the title, the Department of Tourism (DOT) announced Thursday. Along with the country’s unparalleled dive destinations,…

Top Philippine banks shun coal plant financing

11/28/2024

MANILA – At least four leading domestic banks have reaffirmed their stance against financing new coal plants in the country. BDO Unibank, Bank of the Philippine Islands, Security Bank, and the Development Bank of the Philippines have…

Coin deposit machines collections hit P1 billion

Anna Leah Gonzales - Philippine News Agency 11/28/2024

MANILA – The Bangko Sentral ng Pilipinas (BSP) said PHP1.082 billion worth of coins have been deposited through its coin deposit machines (CoDM). In a social media post on Monday, the BSP said as of Nov. 15,…

11.11 no more? Singles’ Day shopping festival loses its shine

Associated Press 11/28/2024

Businesses and consumers in China found the 11.11 or the annual Singles’ Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform…

‘Positive’ outlook for PH credit rating opens path to ‘A’ status

Ian Nicolas P. Cigaral - @inquirerdotnet 11/27/2024

S&P Global Ratings improved its credit outlook for the Philippine government to “positive,” citing better institutional and policy settings. This opens the possibility of upgrading to the prestigious “A” rating. Although the Philippines retained its “BBB+” investment…

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