How Do You Avoid Paying Pesky ATM Fees?

Do you hate ATM fees? Well, you’re not alone. Paying money to access your own money is frustrating to say the least. The average ATM fee is about $3, but some machines impose heftier surcharges of $5 or more. Non-bank…

PayPal complies with Indonesia’s new licensing rules

JAKARTA — US payments firm PayPal has registered as an electronic systems operator in Indonesia and its customers can now access its services, the company said on Wednesday. PayPal was one of several websites that Indonesia blocked at the weekend…

Drinkers, smokers seek respite from gloom by trading up

1 of 3 LONDON — Soaring inflation has made life harder for most of the world — but some people are still smoking expensive cigarettes and doing shots of fancy tequila. From British American Tobacco to Tanqueray gin maker Diageo,…

Sustainability is a come-on at New World

1 of 3 THE NEW World Makati Hotel is trying to entice guests with staycations and culinary treats, paired with new sustainability measures in their food and beverage outlets. During a tour of the hotel last month, staff showed media…

AI to boost PHL fintech industry

RAWPIXEL.COM-FREEPK ARTIFICIAL INTELLIGENCE (AI) and efficient data management in business operations will boost the Philippine financial technology (fintech) industry, according to AI-powered platform Provenir. “The pandemic and its restrictions caused a huge generational spike in the eruption of digital services…

Philex raises P2.65B in stock rights offering

PHILEX Mining Corp. has raised P2.65 billion in a stock rights offering that marked its listing on the stock exchange on Wednesday. The mining company will use the funds raised from the offering to pay for mine development, construction of…

Fed officials stay resolute on need to make policy more restrictive

A TRIO of US Federal Reserve officials from across the policy spectrum signaled on Tuesday that they and their colleagues remain resolute and “completely united” on getting US interest rates up to a level that will more significantly curb economic…

Pizza Hut goes for younger image by choosing boy band SB19 as endorsers

PHOTO FROM FACEBOOK.COM/PIZZAHUTPHILIPPINES A POPULAR pizza-loving boy band has been tapped to endorse the venerable brand Pizza Hut as a way of appealing to a younger market. Industrialist Jorge Araneta, Chair of the Araneta Group, personally picked the new Pizza…

Century Pacific Food income climbs to P1.5B

CENTURY Pacific Food, Inc. (CNPF) reported a 7.7% increase in attributable net income to P1.54 billion in the second quarter from P1.43 billion a year ago as revenues rise after the robust performance of its branded businesses. “The environment has…

LANDBANK’s net profit surges by 93.5% in the first semester

LAND BANK of the Philippines (LANDBANK) recorded a net income of P20.3 billion in the first half, a 93.5% increase from the P10.3 billion it earned in the same period last year. “LANDBANK’s substantial expansion in net income is attributed…

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