PHL-Sibol wins 1st esports gold in Hanoi SEAG, expects more

HANOI — Team Sibol came through with the Philippines’ first esports gold late on Wednesday night and is expecting more medals in 31st Southeast Asian Games (SEAG) at the Vietnam National Convention Center.

Hallasgo caps SEAG athletics’ campaign with marathon silver

HANOI — Christine Hallasgo capped the Philippine athletics team’s campaign in the 31st Southeast Asian Games (SEAG) at the My Dihn National Stadium with a silver in the marathon.

PHL strikes second gold in bowling team event

HANOI — With singles gold medalist Merwin Tan leading the way, the men’s bowling team sparkled on Thursday, adding a second victory to the Philippine campaign in the 31st Southeast Asian Games by ruling the team-of-4 event.

BPI sets P100-B bond program

BANK of the Philippine Islands (BPI) has approved a new P100-billion bond program to help diversify its funding sources and boost its sustainability drive.

Cisco study finds 92% in Philippines prefer hybrid work arrangements

TECHNOLOGY company Cisco Systems, Inc. said its research has indicated a 92% preference for hybrid work in the Philippines, saying that technology has established itself as an enabler of alternative work configurations, though it called for such arrangements to be supported by “end-to-end security.”

BSP proposes guidelines for sustainable investing

THE BANGKO SENTRAL ng Pilipinas (BSP) is proposing guidelines for banks’ integration of sustainability principles in their investment activities.

Is it possible to hire exceptional temporary workers?

By Rey Elbo
To better understand your question we need to go back through history. People management started with the “cabo” system or the master-slave relationship during the period of Spanish colonization. “Cabos” acted as suppliers of cheap labor to small employers. Today, such an arrangement is known as the illegal practice of labor-only contracting, which facilitates the abuse of employees.

Investing in data centers and space technology

By J. Albert Gamboa
PHILIPPINE Stock Exchange (PSE)-listed DFNN, Inc. is poised for additional investments in data centers along with its partners from Silicon Valley, California. The tech firm is investing in the latest technologies to boost its platforms and software solutions for enterprise, e-government, and retail clients.

Stocks slide on Wall Street’s decline, BSP move

SHARES slid on Thursday following Wall Street’s decline overnight and the Bangko Sentral ng Pilipinas’ (BSP) announcement of a 25-basis-point (bp) increase in borrowing costs at its policy review.

NEDA recommends continued rice tariffication to Marcos team

THE National Economic and Development Authority (NEDA) said it recommends that the next government, to be led by top presidential vote-getter Ferdinand R. Marcos, Jr., continue with the Rice Tariffication Law and use it as a model for other agricultural reforms.

ERC’s Devanadera sees immediate price impact if fuel excise suspended

THE HEAD of the Energy Regulatory Commission (ERC) has called for the suspension of the excise tax on coal and petroleum products to immediately bring down the cost of electricity.

Debt-to-GDP ratio seen peaking at 66.8% by 2024

NATIONAL GOVERNMENT debt as a share of gross domestic product (GDP) is expected to peak at 66.8% by 2024, the Philippine Institute for Development Studies (PIDS) said in a recent discussion paper.
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