Banking & Finance

05 December 2022

• ‘Maharlika Fund’ pilloried; wealth tax seen better bet

  IF the government is looking for a way to raise much-needed revenues, Ibon Foundation Inc. said creating the Maharlika Investment Fund (MIF) would not be the best way to do it.

  The post ‘Maharlika Fund’ pilloried; wealth tax seen better bet first appeared on BusinessMirror.

• The Future of IT Dynamic Investment

  THE need for businesses to rapidly innovate and pivot in response to ever-changing market conditions, trends, and business needs has never been greater. Agile, market-speed organizations pursuing modern digital capabilities, services, and customer experiences are recognizing that amid the “need for speed” in the digital economy, the information technology (IT) function itself needs to develop the ability to rapidly re-prioritize and re-allocate resources to deliver the most value as business opportunities emerge.

  The post The Future of IT Dynamic Investment first appeared on BusinessMirror.

• After brutal year, bonds show power of high rates

  WALL Street is finding a reason to keep plowing into the bond market, even with a Federal Reserve that’s still far from declaring victory in its war against inflation.

  The post After brutal year, bonds show power of high rates first appeared on BusinessMirror.

• Crypto exchange Bybit to cut 30% of workforce

  CRYPTOCURRENCY exchange Bybit is planning to cut its workforce by 30 percent amid a continued bear market in the asset class, co-founder and Chief Executive Officer Ben Zhou said.

  The post Crypto exchange Bybit to cut 30% of workforce first appeared on BusinessMirror.

• SSS, GSIS pay-outs to hit ₧33.09B

  STATE pension fund managers announced last Thursday they will release into the system a combined P33.09 billion (nearly $588 million at current exchange rates) when benefits are disbursed to their respective pensioners next week.

  The post SSS, GSIS pay-outs to hit ₧33.09B first appeared on BusinessMirror.