Thursday, July 27, 2023

PH ‘hot money’ outflow hit $803.3M

 

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July 28, 2023

 

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Omnichannel approach to empower consumers


Kim Frances Lato founded Kimstore.com with just P20,000 on the Multiply social media platform in 2006. Today, she has more than 250 employees and processes over 1 million online transactions per year with an omnichannel availability. She won the Mansmith Young Market Masters Award in 2021.


By Josiah Go

 

PH 'hot money' outflow hit $803.3M in June


Short-term investments or "hot money" registered with the Bangko Sentral ng Pilipinas reversed to an outflow of $803.3 million as of the end of June this year from a net inflow of $778.3 million recorded for January to June 2022.


By Ronnel W. Domingo

 

PH Resorts teases new investors for delayed Cebu casino project


Davao-based tycoon Dennis Uy's PH Resorts Group Holdings announced it is in advanced talks with foreign and local investors to help bankroll the completion of the $300-million Emerald Bay project in Cebu after billionaire Enrique Razon Jr. withdrew from a potential deal.


By Miguel R. Camus

 

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BIZ BUZZ

NGCP: Aligned with BBM​ 


If the critics of the National Grid Corporation of the Philippines (NGCP) were hoping that President Marcos would parrot their full-frontal attacks against the country's energy network operator, then the Chief Executive's State of the Nation Address would have left them disappointed.


By Daxim L. Lucas

 

INQUIRER PLUS-EXCLUSIVE

PH, Brunei explore greater agri trade ties


The Philippines and Brunei are exploring potential agricultural trade opportunities which include the exportation of various commodities, the Department of Agriculture (DA) said.


By Jordeene B. Lagare


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