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Category: Business

Insular Life sees continued growth in new business

Filipino-owned life insurer Insular Life (InLife) said it expects a continued growth in new business despite the still-elevated headline inflation this year. In a media roundtable in Makati City on Thursday, InLife president and CEO Raoul Antonio Litt…

Gov’t aid benefits new set of rice retailers in Cebu

A total of 1,103 micro and small-scale rice retailers from 17 localities in Cebu province received PHP15,000 subsidy from the Department of Social Welfare and Development (DSWD) on Friday.Rose Mae Quiñanola, DSWD-Cebu provincial director, said the age…

BSP eyes Sept inflation at 5.3% to 6.1%

Higher prices of fuel and agricultural products are expected to contribute to upside risks to the inflation rate this month, which the Bangko Sentral ng Pilipinas (BSP) sees between 5.3 percent to 6.1 percent.In a statement on Friday, the central bank…

Export of PH avocados to South Korea starts Sept. 30: DA exec

The export of Philippine avocados to South Korea will begin on Sept. 30, an official of the Department of Agriculture (DA) announced Wednesday. ‘Last week, we mentioned our export to South Korea of our avocados. Well, this will be the first. Our maide…

Ticket sold in Nueva Ecija wins P36-M Grand Lotto jackpot

A lone bettor from Nueva Ecija became an instant millionaire after hitting the PHP36-million jackpot of the Grand Lotto 6/55 on Monday night. The Philippine Charity Sweepstakes Office (PCSO), in an advisory on Tuesday, said the bettor guessed the winn…