Term deposit yields fall after BSP rate-easing cues
PHILIPPINE STAR/WALTER BOLLOZOSTHE CENTRAL BANK’S term deposit facility (TDF) fetched bids worth P290.223 billion, above the P250-billion offer and P286.038 billion in tenders a week ago.Tenders for the seven-day debt reached P177.147 billion against the P140 billion auctioned off by
More than Port and Vinho Verdes
1 of 2I RECENTLY attended a Wines of Portugal event at the Fairmont Hotel in Makati City. I normally get half a dozen or so invitations to these types of events annually, and due to my busy schedule, often I
Incentives, digital infrastructure to fuel startup growth in PHL
FREEPIKTHE PHILIPPINE government must grant more incentives and strengthen its digital infrastructure to support the growth of startups, analysts said.“The (startup) ecosystem needs to offer compelling benefits to would-be startup founders for them to domicile in the Philippines,” Jay Fajardo,
CTA: NLEX Corp. entitled to P3.8-M tax refund
PHILIPPINE STAR/MICHAEL VARCASTHE COURT of Tax Appeals (CTA) has granted NLEX Corp., a unit of Metro Pacific Tollways Corp. (MPTC), a P3.8-million tax refund for local business taxes erroneously paid to the City of Valenzuela for taxable years 2012 to
Atome secures $200-M credit facility
ATOME.PHDIGITAL financial service platform Atome Financial said it secured as much as $200 million in syndicate credit facility, which will open up more financing in the Southeast Asian region.This would allow it to launch innovative personal finance products in key