Let’s talk about loans. Sure, you’ve heard about the 80-20 savings trick or some daily savings tip that will help you save x amount by year-end. But sometimes, because of things like unexpected expenditures, emergencies, and even large purchases, your budget might fall short despite all your best efforts to save. That’s when loans can…
Palawan is often referred to as the country’s “last frontier” because of its rich forest and marine life that has also consistently put it on the list of the Philippines’ top tourist destinations. The conditions that gave Palawan its rich natural resources, however, have also contributed to making it a top breeding ground for the…
Now that COVID-19 is nearly behind us, it is time to talk about recovery. How do we enable micro, small and medium enterprises (MSMEs) to recover? At the height of discussions and subsequent legislative work on stimulus plans, a lot of tribute was paid to MSMEs as the engine of employment, but the legislative and…
To say that the past 2 years changed the way we work is an understatement. The pandemic has pushed businesses and corporations to create new and better strategies to stay afloat in their respective industries. Considering people have not been able to travel for the past 2 years, there is an anticipation that the tourism…
Though she hasn’t erupted in 70 years, Mt. Hibok-Hibok in Camiguin has been especially quiet lately. From March 2020 to November 2021, the Timpoong Hibok-Hibok Natural Monument hosted exactly zero visitors. “Mt. Hibok-Hibok was once a popular hiking destination, especially after Pinoy Mountaineer featured it in 2007. Climbers came daily because our volcano offers elements…
Tourism has yet to recover in Asia and the Pacific, but a few green shoots can help us understand how best to heal the sector. Even where the situation is improving, a slow recovery in tourism may have long-term impacts, including through business closures and delayed investment in physical infrastructure, such as hotels, restaurants, and…
Three local units of international banking groups made it to the The Asian Banker’s (TAB) inaugural Global Top 100 Digital Banks ranking list based on financial technology and retail operations. TABInsights, the research arm of the Singapore-based TAB, placed the local subsidiary of Malaysia-based at 57th, The Netherland’s at 67th, and Singapore-based at 94th. CIMB…
As the two-year pandemic has forced everyone to isolate themselves in their own homes, the country’s biggest contributors to the economy have taken a massive hit. Losses, layoffs and closures were among the many devastating effects, but as the Philippines and the world begin to open up and ease border restrictions, the economy has also…
Despite an influx of rice imports due to liberalized trade, the Department of Finance (DOF) on Thursday said local farmers’ yields have improved thanks to financing for productivity enhancement programs. “The average yield of palay farmers during the dry season has increased from 3.65 tons per hectare to 4.22 tons per hectare as a result…
As far as the year 2022 is going, both locals and international visitors have finally allowed themselves to indulge in travel and tourism around the Philippines. As one of the sectors hit hard by the COVID-19 pandemic, the tourism industry has gone to great lengths to rise from the depths and showcase the beauty of…