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Multilateral banks need major changes to boost lending – G20 panel

GANDHINAGAR, India – Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday. The independent panel, headed by economists Lawrence Summers and N.K. Singh, was commissioned by the Group of 20 nations to propose reforms for MDBs with a focus on increasing funding for sustainable developments goals and climate change, among others. ...

BIZ BUZZ: SMC vows more help in flood-control efforts | Inquirer Business

San Miguel has offered to undertake these efforts for free because it has a big stake in the area in general, and Bulacan in particular, namely the MRT 7 project, the Bulacan Bulk Water...

Cotabato declared bird flu-free | Inquirer Business

MANILA -Cotabato has been officially declared free of bird flu, more than a year after this animal disease was detected in the area, according to the Department of Agriculture (DA). The DA announced this development in a memorandum circular after consecutive tests yielded negative results for more than 90 days after the completion of cleaning operations and surveillance activities. Previously, the department had declared Ilocos Norte and Pangasinan free of avian influenza. Camarines Sur, Davao del Sur, Rizal, South Cotabato, Ilocos Sur, Batanga ...

FUJIFILM Philippines partners with Makati to provide free ultrasound to residents | Inquirer Business

Takashi Miyako, FFPH Vice President and General Manager for Medical Sytems Division; Masahiro Uehara, FFPH President; Makati Mayor Abby Binay; Haruto Iwata, Managing Director of FUJIFILM...

MR.DIY and Team Kramer bring excitement to Pampanga with the ‘MERON DIYan! Caravan’ | Inquirer Business

Caravan patiently await their turn for free optical services, part of MR.DIY’s commitment to supporting the health and well-being of the local community. An optometrist is seen bringing...

German companies concerned by falling prices in China: report

BEIJING, China — Falling prices and weak demand are the main difficulties facing German companies in China, according to a report by a business body that said European tariffs on Chinese electric vehicles are counterproductive. China is one of Germany’s top trading partners, accounting for a significant portion of their sales in recent years. But 61 percent of 186 German companies surveyed by the German Chamber of Commerce said “pressure on prices” is by far the biggest problem they face in China. ...

Life insights from the Megastar: How insurance is an act of love and responsibility

“Nag-aalala ka dahil nagmamahal ka (You worry because you care).” · This was the sentiment shared by Ms. Sharon Cuneta in her latest vlog for the Insular Life (InLife) Dreamweaver Series. “My life still had its ups and downs but generally I have been really fortunate. And while most of you will see me as an accomplished individual, believe it or not, I still have my own share of worries. I still worry about my kids, my husband, my family, which is just normal,” the mom of KC, Frankie, Miel, and Miguel said. ...

Uratex acquires the best foaming technology available in the global market | Inquirer Business

The RGC Group of Companies, the mother company of the industry leader and foam brand Uratex, recently acquired and started operating the first in the country, biggest, most efficient, and top of its class foaming machine from the German company Hennecke GmbhH. Hennecke GmbhH is known as a global market leader in the field of slabstock machinery and equipment with seven decades of experience in designing and manufacturing polyurethane processing machinery, innovative systems, and improved technology. With their unmatched expertise in the field, ...

Optum Philippines future-proofs its workforce with care, connection, growth

Statista for the very first time. This signals the global... and business process outsourcing sectors. More importantly... Nurses—free, self-paced continuing education courses that are...

Ornamental fish farms: Aquaculture’s next big trend? | Inquirer Business

Fishkeeping—part art, part science—is now the world’s most popular hobby after photography. ; Globally valued at $15 billion and growing by 14 percent yearly, the ornamental fish trade is aquaculture’s sunrise industry. ; So why isn’t the Philippines farming ornamental fish? ; While tilapia retails for P80 per kilo, ornamental fish can be sold for as much as P20,000 per kilo.

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