ABS-CBN News Channel

#IndustryNews GoTyme Bank is realigning its timeline for breaking even to 2026, citing slower growth with full year profitability now seen in 2027. On #ANCMarketEdge with Michelle Krystle Ong, GoTyme President and CEO Nate Clark bares plans to grow their lending business, with the help of their fresh $250 million in capital — from Nubank. 🔗 Watch the full #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryNews Fruitas Holdings, Inc. expects to launch two new home-grown brands next year with 25 already under it. Fruitas' Chief Financial Adviser Calvin Chua told Michelle Krystle Ong, they're moving closer to adopting a convenience store model for their Balai Pandesal bakery stores. 🔗 Watch the full #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryOutlook Aboitiz Power's James Byron Yu speaks with Michelle Krystle Ong about the potential benefits of lowering thresholds in the RCOA scheme to support small and medium-sized enterprises (SMEs). AboitizPower, through Adventenergy, Inc., is the largest energy retailer group in the Philippines, holding a 30% market share. The company has been actively expanding in Mindanao and is currently partnering with Third Millennium Oil Mills Inc. (TMOMI), a major producer and distributor of coconut and vegetable oil in the region, as well as Coca-Cola Beverages Philippines' facilities in Davao. 🔗 Watch the full #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryOutlook British Chamber of Commerce Philippines' Chris Nelson is optimistic about opportunities to collaborate with the Philippines on nuclear energy. This follows the UK’s recent civil nuclear energy agreement with the US at COP29, highlighting its commitment to sustainable power. Meanwhile, the Philippines underscored its interest by hosting a Nuclear Supply Chain Summit last week. 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#ANCNews Disaster scientist Dr. Mahar Lagmay explains the magnitude of #KristinePH, the first of six recent storms. He also urges crowdsourcing during storms and encourages kids to get involved early. 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryOutlook PDAX CEO Nichel Gaba highlights how blockchain technology is revolutionizing the treasury bond market by making it more accessible to individuals who might not have been able to participate before. Through tokenized government bonds now available on GCash, the popular e-wallet's 90 million users can conveniently and affordably invest in these financial instruments with just a few taps. 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#ANCNews Joshua Tadoy, LPT, CPP, CHRP, MSc, president of the JCI (Junior Chamber International) Catanduanes Chapter, discusses with Michelle Krystle Ong the natural hazards that frequently challenge the island province. He highlights how both the local community and the government have significantly improved their preparedness and response strategies over time.  According to Tadoy, the province’s unique topography makes it an ideal testing ground for any business continuity plan, offering valuable insights into resilience and adaptability in the face of disasters. 🔗 Watch the full #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryOutlook Global investment banker Stephen CuUnjieng praises the passage of the CREATE MORE law but emphasizes that regulatory support alone isn't enough to drive deals. He highlights two concrete examples and poses the question: "Do you think they will come back?" 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#ANCNews 2024 marks a turning point for the Philippines, with the ecosystem rebounding after volatile funding rounds in 2023. Total funding so far has reached over US$1 billion, nearly four times last year's amount. While deal volumes grew significantly, the deal count only increased by about 14%. 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview with Carlo Chen-Delantar on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn 

#IndustryOutlook E-distributor Great Deals E-Commerce Corp., representing top MNC brands, reports that the rise of TikTok Shop and Filipinos' growing enthusiasm for livestreaming are reshaping e-commerce in the Philippines. Despite smaller basket sizes and reduced marketing efforts during this year's 11.11 sales event, Great Deals has seen strong year-to-date growth. 🔗 Watch Michelle Krystle Ong's #ANCMarketEdge interview with Steve Sy on Prestige: https://lnkd.in/gAfihDAC For more news and updates, follow #ANConLinkedIn