{"id":5425,"date":"2022-06-24T09:00:00","date_gmt":"2022-06-24T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=5425"},"modified":"2022-12-15T16:16:19","modified_gmt":"2022-12-15T08:16:19","slug":"business-brief-june-24-2022","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/business-brief-june-24-2022\/","title":{"rendered":"Business Brief: PH Peso Weakest Since 2005"},"content":{"rendered":"\n<p><em>We hope it&#8217;s another profitable week for you, ka-Ninjas! We&#8217;re back with the roundup of news that matter to you!<\/em> <em>Plus read through the end for a special treat \ud83d\ude42<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Peso slumps to lowest since 2005<\/h2>\n\n\n\n<p>The Philippine Peso on Wednesday slumped against the US dollar, closing at its lowest value since November 2005, amid the Bangko Sentral ng Pilipinas\u2019 (BSP) signals of gradual policy tightening.<\/p>\n\n\n\n<p>The BSP is widely expected to fire off a 25-basis-point (bp) hike at its policy meeting today (June 23) to curb inflation.<\/p>\n\n\n\n<p>More on <a href=\"https:\/\/www.bworldonline.com\/top-stories\/2022\/06\/23\/456878\/peso-slumps-to-lowest-since-2005\/\" class=\"ek-link\">Business World Online<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Business groups pushing Internet bills, cite key role in progress<\/h2>\n\n\n\n<p>The Philippine Chamber of Commerce and Industry (PCCI) and Better Internet PH urged the incoming administration to pass key Internet connectivity legislation in the next six months, which will allow more market players to participate in building the country\u2019s digital infrastructure, especially in the countryside.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/06\/internet-bill.jpg\" alt=\"Internet Bill PH\" class=\"wp-image-5439\" width=\"480\" height=\"320\" \/><figcaption><em>Image from <a href=\"https:\/\/www.pexels.com\/photo\/white-switch-hub-turned-on-159304\/\" rel=\"nofollow\" class=\"ek-link\">Pexels<\/a><\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>In a statement on Wednesday, the PCCI said, \u201cWe laud the campaign promise of President-elect <strong>Ferdinand \u2018Bongbong\u2019 Marcos, Jr.<\/strong> to make the development of the digital infrastructure a top priority. To accelerate economic recovery and help various industries bounce back from the pandemic, the Philippines needs to have accessible, reliable, affordable, and secure internet as the foundation of the digital economy.\u201d<\/p>\n\n\n\n<p>Read more on <a href=\"https:\/\/businessmirror.com.ph\/2022\/06\/22\/business-groups-pushing-internet-bills-cite-key-role-in-progress\/\" class=\"ek-link\">Business Mirror<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mobile malware attacks dropping in PH \u2014 Kaspersky<\/h2>\n\n\n\n<p>The number of mobile malware attacks in the Philippines, one of the world\u2019s biggest mobile-using countries, dropped sharply in the past two years but users should not drop their guard, cybersecurity firm Kaspersky warned this week.<\/p>\n\n\n\n<p>Among Southeast Asian countries, the pattern of declining mobile threat activity was observed not only in the Philippines but also in Indonesia, Malaysia, and Singapore.<\/p>\n\n\n\n<p>More details on <a href=\"https:\/\/mb.com.ph\/2022\/06\/18\/mobile-malware-attacks-dropping-in-ph-kaspersky\/\" class=\"ek-link\">Manila Bulletin Online<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">BSP eyes guarantee fund for MSMEs<\/h2>\n\n\n\n<p>The Bangko Sentral ng Pilipinas (BSP) is looking at the establishment of a guarantee fund, as the regulator withdraws incentives extended to banks providing financing to micro, small, and medium enterprises (MSMEs) affected by the pandemic.<\/p>\n\n\n\n<p>In an interview with The Chiefs on Cignal TV\u2019s OneNews\/TV5, incoming BSP governor <strong>Felipe Medalla<\/strong> said the proposed fund would encourage banks and financial institutions to lend to MSMEs even without regulatory relief measures from the central bank.<\/p>\n\n\n\n<p>Full story on <a href=\"https:\/\/www.philstar.com\/business\/2022\/06\/23\/2190205\/bsp-eyes-guarantee-fund-msmes\" class=\"ek-link\">PhilStar.com<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Ninja Van Masterclass Series 4 tackles influencer marketing<\/h2>\n\n\n\n<p>The 4th Series of <strong>Ninja Van Masterclass<\/strong> will focus on <em><strong>Strengthening Brand\u2019s Presence Through Influencer Marketing to Drive More Sales<\/strong><\/em>. The free online webinar will happen on June 30, 2022 at 5:00 pm. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"526\" height=\"526\" src=\"https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/06\/Masterclass-4.jpg\" alt=\"Ninja Van Masterclass 4\" class=\"wp-image-5453\" srcset=\"https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/06\/Masterclass-4.jpg 526w, https:\/\/blog.ninjavan.co\/en-ph\/wp-content\/uploads\/sites\/2\/2022\/06\/Masterclass-4-320x320.jpg 320w\" sizes=\"(max-width: 526px) 100vw, 526px\" \/><\/figure>\n<\/div>\n\n\n<p>The discussions will be led by <strong>Marc Amoranto<\/strong>, Director of Business Development for Spark It and <strong>Fiona Phoon<\/strong> of Tiktok Singapore. Participants will have a chance to win amazing prizes during the event. <\/p>\n\n\n\n<p>Register today to reserve your slot: <a rel=\"noreferrer noopener\" href=\"https:\/\/bit.ly\/NVMasterclass?fbclid=IwAR3CDmhsHkmDy3QOu0YlnDFvx33L48O7njdzet9qBPP6ja-VT3bCJSKkVJo\" target=\"_blank\">https:\/\/bit.ly\/NVMasterclass<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Hustling hard with you to deliver happiness<\/h2>\n\n\n\n<p>As business owners, we know how you hustle hard every day to grow your business and support your loved ones. And so <a href=\"https:\/\/www.ninjavan.co\/en-ph\" class=\"ek-link\">Ninja Van<\/a> is hustling harder to deliver your parcels safely and efficiently to your customers. <\/p>\n\n\n\n<p>This film is dedicated to all of you; you&#8217;re our inspiration. Ninja Van will always be here to give you hassle-free deliveries.<\/p>\n\n\n\n<p><em>#NinjaVanPhilippines #TodoHustleNoHassle #Hustle <\/em><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"HUSTLE | Ninja Van Philippines\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/-LJ1xb3LAUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Business Insights &amp; ECommerce Tips<\/strong><br>The&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/blog.ninjavan.co\/en-ph\/\" target=\"_blank\"><strong>Ninja Van Blog<\/strong><\/a>&nbsp;provides business insights, industry trends, Marketing and Branding tips, and weekly curated news related to business and ecommerce. Our blog is here to help MSMEs and DTC (direct-to-customer) companies grow their business and reach their brand goals.<\/p><p>Subscribe to our Ninja Van blog newsletter by registering below (scroll to the bottom of this page to sign up!). For comments and inquiries, send us an email at&nbsp;<strong><a rel=\"noreferrer noopener\" href=\"mailto:ph-commercial-content@ninjavan.co\" target=\"_blank\">ph-commercial-content@ninjavan.c<\/a><\/strong><a rel=\"noreferrer noopener\" href=\"mailto:ph-commercial-content@ninjavan.co\" target=\"_blank\"><strong>o<\/strong>.<\/a><\/p><\/blockquote>\n\n\n\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Peso slumps to its lowest since 2005. More news roundup plus a special film dedicated to everyone who hustles.<\/p>\n","protected":false},"author":5,"featured_media":5487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Business Brief: PH Peso Weakest Since 2005","_seopress_titles_desc":"The Philippine Peso slumps to its lowest since 2005. 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