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Globe Business revs up digital transformation in PH supply chains

MANILA, Philippines— Globe Business is helping accelerate the evolution of existing traditional supply chain models, with its growing portfolio of integrated digital solutions.  Many businesses are finding that traditional supply chain models are no longer equipped to support the speed and complexity of today’s operations. As a result, companies are turning to technology to build

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BSP caps bank cash withdrawals at P500,000 to curb laundering

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) ordered banks to limit over-the-counter cash withdrawals to P500,000 a day. This is part of efforts to reduce money laundering risks tied to large-value transactions. This developed as the BSP investigated bank accounts linked to individuals accused of anomalies in government flood control projects. The central

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Philippines ‘remarkably resilient’ to US tariffs, says Japan rating firm

MANILA, Philippines — The Philippines would stay “remarkably resilient” to external shocks despite increased uncertainties caused by changes in American tariff policies, said Japan Credit Rating Agency (JCR). However, Philippine exporters do not share the same optimism. Some of them have suspended their shipments to the United States while waiting for further clarity, especially given