by ev3v4hn | Jul 2, 2020 | Business News
Pampanga-based businessman Dennis Anthony Uy could become the country’s next dollar billionaire as his broadband company Converge ICT Solutions Inc. moves forward with a $700 million initial public offering (IPO), said to be the largest in the Philippines. The deal will accelerate Converge’s goal to cover millions of households across the country with high-speed fiber […]
by ev3v4hn | Jul 2, 2020 | Business News
Lego is following in the footsteps of more than 400 companies that have joined the #stophateforprofit campaign. Image: AFP/Mario Laporta Danish toymaker Lego said Wednesday it was halting all paid advertising on social media for a month, joining a growing list of...
by ev3v4hn | Jul 2, 2020 | Business News
Revenue collection by the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) improved in June but their six-month take was still lower year-on-year and below target due largely to the COVID-19 pandemic. Initial Department of Finance (DOF) data released on...
by ev3v4hn | Jul 2, 2020 | Business News
MANILA, Philippines — As expected the Philippines did not move up to upper-middle-income status under the latest World Bank classification which took into consideration last year’s economic data, marked by slower domestic growth due to delayed budget approval. Had the...
by ev3v4hn | Jul 2, 2020 | Business News
MANILA, Philippines – The central bank’s generous support measures to buttress the Philippine economy and stabilize the financial system during the ongoing coronavirus pandemic will stay for as long as they are needed but, this early, regulators are already preparing...
