Tonik Financial raises $12 million to bolster digital bank’s capital position
TONIK FINANCIAL Pte Ltd, the controlling shareholder of Tonik Digital Bank, Inc., has raised $12 million in fresh financing to boost its capital and fund the bank’s continued expansion. Tonik Financial raised $12 million in Pre-Series C financing in a round
Aboitiz unit fined for labeling violation on imported goods in Vietnam
Aboitiz unit fined for labeling violation on imported goods in Vietnam - BusinessWorld Online GOLD COIN Feed Mill Ha Nam Co. Ltd. (GCFHN), a food
Third-Party Logistics firms to Invest in IoT Predictive Maintenance by 2025
ABI Research survey reveals how third-party logistics firms are prioritizing condition monitoring, AI-driven planning, and automation to stay competitive amid rising customer demands. Third-party logistics (3PL) providers are shifting their investment strategies to focus on intelligence beyond location data. According
Young Brits drive UK’s entrepreneurship boom as two-thirds plan to work for themselves
Britain is on the cusp of an entrepreneurship surge that could reshape the workforce and inject billions into the economy, according to new research revealing that one in ten adults plans to start a business within the next year, the
Foreign rice suppliers warned against raising prices in PHL
REUTERSTHE Department of Agriculture (DA) warned foreign rice suppliers that a strong domestic harvest could upset any plans they may have of raising prices when shipments to the Philippines resume early next year. The DA said in a statement that it
Economic impact of typhoons seen as ‘small, temporary’
DOST-PAGASANATURAL DISASTERS such as typhoons that bring flooding and landslides pose minimal and temporary risks to the Philippines’ economic growth, Capital Economics said. Senior Asia economist Gareth Leather cited the example of 2013’s Typhoon Haiyan, known in the Philippines as Yolanda,
Farm extension services need 20,000 more agriculturists — DA
ATI2.DA.GOV.PHBy Vonn Andrei E. Villamiel THE Department of Agriculture (DA) said it needs around 20,000 more agriculturists to adequately staff its extension system and improve support for farmers. The DA released its assessment after the Professional Regulation Commission announced the results of
ADB, WB to jointly support 20 projects across region
ADB, WB to jointly support 20 projects across region - BusinessWorld Online The World Bank logo is seen at the 2023 Spring Meetings of the
Rice farmers expect irrigation delays to be costly
UPRIIS.NIA.GOVA DECISION by the National Irrigation Administration’s Upper Pampanga River Integrated Irrigation System (UPRIIS) to postpone the release of irrigation water to March 2026 threatens the livelihoods of thousands of rice growers in Nueva Ecija and Tarlac, farmers said. In a
Transport dep’t to set up services at Clark airport targeting manufacturers
Transport dep’t to set up services at Clark airport targeting manufacturers - BusinessWorld Online CLARK INTERNATIONAL AIRPORTTHE Department of Transportation (DoTr) said it signed an