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Meralco sales seen up in third quarter as businesses reopen - BusinessWorld OnlineMANILA Electric Co. (Meralco) said indication of its electricity sales in the third quarter showed a 6% growth, an official of the power distributor said.
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Marcos orders aid for typhoon-struck areas, five reported dead - BusinessWorld OnlinePhilippine authorities rushed on Monday to distribute aid to thousands of evacuees after Typhoon Noru made landfall in the capital and northern provinces, leaving at least five dead and many areas flooded. READ:
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ARTA to issue common regulatory best practices guide for frontline agencies - BusinessWorld OnlineThe Anti-Red Tape Authority (ARTA) said it will launch next month a set of regulatory best practices for government agencies delivering services to the public. READ:
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Iran protests Western stance on mass protests over woman’s death - BusinessWorld OnlineIran summoned the British and Norwegian ambassadors over what it called interference and hostile media coverage of the nationwide unrest triggered by the death of a woman detained by morality police. READ:
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Digital banks seen to meet BSP standards - BusinessWorld OnlineDIGITAL BANKS are likely to meet the reserve requirement ratio (RRR) of 8% and are expected to comply with the existing prudential requirements for big banks, the Bangko Sentral ng Pilipinas (BSP) said. READ
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Chip industry sees US reshoring of semicondutor production diversifying sources of supply - BusinessWorld OnlineTHE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said the new law passed in Washington seeking to increase chip production within the US will diversify the sources of supply, to the benefit of electronics producers here.
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