Coconut Hybrids: A Game-Changer for Filipino Coconut Farmers, Boosting Production and Income Potential

Melita BreenPress Releases

Coconut Hybrids: A Path to Improved Coconut Farming and Increased Yield, Says Expert In a recent B-Side episode, Leilani D. Pelegrina, director at the Department of Science and Technology-Philippine Council for Agriculture, Aquatic, and Natural Resources Research and Development (DoST-PCAARRD), sheds light on the positive impact of coconut hybridization on coconut farming. Speaking with BusinessWorld reporter Patricia B. Mirasol, Pelegrina …

Market Optimism Prevails as Investors Reconsider Impending Crash Theories Amidst Steady Gains and Low Inflation

Melita BreenPress Releases

Many investors are finding themselves at a crossroads, realizing that their predictions of an imminent stock market crash may have been premature or even incorrect. Despite contrary expectations from banks and investment houses, key equity markets have been steadily climbing throughout the year. While some may argue about specific details, such as the disproportionate impact of a few US tech …

Vietnam Emerges as Asia’s Fastest-Growing Economy, Attracting Major Manufacturers and Investment

Melita BreenPress Releases

Following quite a while of showing guarantee, Vietnam’s monetary second might have at long last shown up. It was the fastest-growing economy in Asia last year (8% growth) and one of only a handful globally to achieve two consecutive years of growth since the Coronavirus pandemic. The south-east Asian nation has turned into a significant recipient of makers’ endeavours to …

Capital A maps AirAsia expansion

Melita BreenPress Releases

SEPANG, 26 June 2023: Aviation Group’s AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines are flying high again, with 157 aircraft reactivated as of 1Q2023, according to a recent Capital A financial update to shareholders attending the AGM. Capital A CEO Tony Fernandes told shareholders that “with enhanced profitability amid rationalised airfares and stabilising external factors”, the airline group …

Scam registration

Melita BreenPress Releases

The SIM Card Registration Act isn’t working. You, me and perhaps everyone we know continue to get text messages and random calls from unidentified numbers. The scammers, it seems, have even gone international. There are now so many calls from international numbers, offering this and that. So while the online gaming and cockfighting messages have eased, other types of messages …

Investor worries tagged as net FDI drops 30.7%

Melita BreenPress Releases

NET foreign direct investments (FDI) plunged in March, the Bangko Sentral ng Pilipinas reported on Tuesday, dropping by 30.7 percent to $548 million from $792 million a year earlier. The central bank attributed the decline to “lower net inflows across all major FDI components amid investor concerns over subdued global growth prospects.” Net investments in debt instruments, which accounted for …

PHL needs more investment in IT training, open business ecosystem — experts

Melita BreenPress Releases

THE PHILIPPINES needs to invest more in enhanced educational programs, an open business ecosystem, and digital infrastructure to become a more competitive regional hub for information technology (IT) talent, according to experts. Japanese technology firm Sansan, Inc. said that the Philippines is actively attracting and supporting global IT companies through its high-level IT education and a large pool of talented …

Singaporean telehealth startup ORA nets $10M in Series A funding

Melita BreenPress Releases

It is now looking to expand into other regions such as the Middle East. Singapore-headquartered telehealth company ORA has raised $10 million in a Series A funding round – touted to be the largest telehealth funding in Southeast Asia to date – led by TNB Aura and Antler. The round was also participated by Gobi Partners, Kairous Capital, and GMA …

Ayala group, Singapore firm plan large data center

Melita BreenPress Releases

THE Ayala group and the local unit of a Singapore-based service provider plan to build a 124-megawatt data center that they claim to be the largest in Metro Manila. In a launching event on Thursday, ST Telemedia Global Data Centres (Philippines) — a joint venture between Globe Telecom, Inc., Ayala Corp. and Singapore’s ST Telemedia Global Data Centres (STT GDC) …