Cryptoverse: What crisis? Venture capitalists bet big on crypto
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IT’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists (VCs) are pouring money…
Kia Philippines opens new Ortigas dealership
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KIA PHILIPPINES recently inaugurated a new dealership in Ortigas Ave. as part of the car manufacturer’s expansion efforts in the country this…
Sunland plans Red Hotel in Cebu
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SUNLAND Development Corp. (SDC) is constructing a 200-room Red Hotel in Cebu as it banks on the city’s economic expansion. “[Cebu’s] impressive…
Peso weakens vs dollar ahead of Fed decision
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THE PESO ended weaker versus the dollar on Wednesday on expectations of another aggressive rate hike from the US Federal Reserve. The…
PHL shares rise on last-minute bargain hunting
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STOCKS climbed on Wednesday on last-minute bargain hunting ahead of the US Federal Reserve’s policy statement, concerns over a possible recession in…
Marcos asked if he plans to raise taxes to fund priority programs
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PHILSTAR THE ADMINISTRATION has been asked for its funding plan for the priority programs spelled out by President Ferdinand R. Marcos, Jr….
Globe ready to support digitalization in health, education, fintech
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BW FILE PHOTO GLOBE Telecom, Inc. said it is ready to support the government’s digitalization efforts, particularly in government services, healthcare, education…
Pharma industry sees drug prices falling with playing field leveled
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THE Pharmaceutical and Healthcare Association of the Philippines (PHAP) said it welcomes the government’s plan to encourage “vibrant competition” in the industry,…
PHL posts decline in rice, corn inventory at start of June
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PHILSTAR FILE PHOTO THE Philippines’ inventory of rice fell 12.3% year on year to 2,220.21 thousand metric tons (MT) on June, according…
Packworks raises $2M from seed round, launches mobile app for sari-sari stores
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BW FILE PHOTO TECHNOLOGY startup Packworks said it raised $2 million in seed capital and launched a mobile application for managing sari-sari…