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‘Big Daddy’ laps up Cipla after Q1 nos beat forecast

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ET Search
Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate. On the BSE, the stock closed at Rs 315.45, up 0.5% over its previous close, with 2.84 lakh shares — twice the 2-week average daily volume —being traded. Dealers tracking the stock said the ‘Big Daddy’ of insurance companies was a key buyer. However, traders who had built up positions in anticipation of good quarterly numbers, chose to book profits, thus restricting gains in the stock.

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A Step-by-Step Guide to Buying SpaceX at the IPO Price

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A Step-by-Step Guide to Buying SpaceX at the IPO Price

A Step-by-Step Guide to Buying SpaceX at the IPO Price

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Dow Surges While Broadcom Drags Tech Stocks Lower

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Dow Surges While Broadcom Drags Tech Stocks Lower

Healthcare and financial stocks helped push the Dow Jones Industrial Average higher Thursday while tech stocks lagged behind.

Shares in UnitedHealth, a Dow component, rose after Bank of America upgraded the stock, part of a broader rally in health-care stocks. Financial names in the blue-chip index including Goldman Sachs, JPMorgan and American Express also saw gains, as did payments giant Visa. The Dow is up about 800 points, or 1.6%, in afternoon trading.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Alternative Funding For Small Businesses In The Philippines

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Alternative Funding for Small Businesses

It may be very thrilling and can be very difficult to start and maintain a small business in the Philippines. As opportunities are expanding in different sectors, availability of funds is one of the greatest issues to businesspersons. Even the best business ideas may fail to develop without the appropriate financial aid. That is why the knowledge of alternative sources of funds has become a mandatory matter among small business owners.

Alternative Funding for Small Businesses

Conventional Financing: It Is Still Relevant, but Difficult

The first source of thought when financing his or her business is with banks. They provide structured loans that have a comparatively low interest rate and have a long repayment period. Nevertheless, it is not always a simple process. Some of the challenges that plague many small business owners include:

  • Repressive documentation demands
  • Requirement of good credit history
  • Collateral demands
  • Long approval timelines

Due to this fact, bank loans are not always applicable to start-ups or businesses with urgent financing needs.

Researching Alternative Financing

In order to beat these hurdles, most entrepreneurs in the Philippines are currently looking into alternative financing approaches that are more lenient and available.

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  1. Fintech Lending Platforms

DLP offers speedy and easy access to finance. The process of applications is normally done online and approvals can take a matter of time. Nevertheless, the interest rates can be different in accordance with the platform.

  1. Partnerships and Private Investors

There are those businesses that opt to use investors as a means of raising funds. This is capable of introducing more capital but it is commonly associated with sharing ownership or a share of decision making.

  1. Licensed Moneylenders

The practice of licensed moneylenders has become a viable source of financing to a good number of small businesses. These lenders are licensed and authorized and therefore there is transparency and legal security of the borrowers.

They are known for:

  • Faster approval processes
  • Minimal documentation
  • Flexible repayment terms
  • Small and medium enterprise accessibility.

Reputable Licensed Moneylenders in the Philippines

When choosing this option, it is important to select a reliable and licensed provider. One such option is Supreme Money Lending Corp, which offers financing solutions designed to support small businesses with quicker and more accessible funding compared to traditional banks.

Other financial service providers in the Philippines also offer alternative lending options, including Home Credit Philippines and Maya Bank both of which provide accessible loan services for individuals and small business owners.

Selection of the Right Financing Choice

The choice of the appropriate means of financing is determined by the needs of your business and finances. It is important to evaluate:

  • Interest rates and overall repayment of the cost.
  • Speed of loan processing
  • Repayment flexibility of terms.
  • Lender credibility/ transparency.

All the options have their pros and what has worked in one business may not work in another.

Conclusion

Alternative financing has taken a significant role in the Philippine business environment. Although banks remain an important factor, there are alternative mechanisms that can offer all the necessary flexibility, including fintech sites, investors, and licensed moneylenders. Access to various sources of funds can be a huge difference to the owners of the small business. It would be easy to control cash flow and deal with unforeseen costs, as well as concentrate on consistent development of the business without undue delays with the appropriate financial partner.

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Asia Pacific Factory Automation Market Set to Nearly Double, Reaching $194.52 Billion by 2032

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Asia Pacific Factory Automation Market Set to Nearly Double, Reaching $194.52 Billion by 2032

The Asia Pacific industrial control and factory automation market is on a steep growth trajectory, with new research projecting it will expand from USD 95.73 billion in 2025 to USD 194.52 billion by 2032, a compound annual growth rate of 10.7% over the forecast period.

Key takeaways

  • Asia Pacific’s industrial control and factory automation market is set to more than double from USD 95.73 billion in 2025 to USD 194.52 billion by 2032, growing at a 10.7% CAGR.
  • The automotive sector remains the dominant end-user, while industrial 3D printing emerges as the fastest-growing technology segment driving the next wave of smart manufacturing.
  • India stands out as one of the region’s fastest-growing markets, with multinational leaders like ABB, Siemens, FANUC, and Mitsubishi Electric competing to capture the automation boom.

The findings, published by MarketsandMarkets, point to a confluence of structural forces reshaping how manufacturers across the region operate. Rising labor costs, worker shortages, and the need for consistent output are pushing companies to accelerate automation investment, while government-backed manufacturing programs and the broader adoption of industrial IoT and artificial intelligence technologies are sustaining the market’s momentum.

3D Printing Emerges as the Fastest-Growing Segment

Among the technology components tracked in the report, industrial 3D printing stands out as the segment expected to post the highest growth rate through 2032. Manufacturers in the automotive, electronics, aerospace, and industrial equipment sectors are integrating additive manufacturing directly into automated production lines, enabling reductions in lead times, greater design flexibility, and stronger support for local manufacturing. Advances in materials science, production-grade hardware, and digital manufacturing workflows are accelerating adoption, cementing 3D printing’s role as a core automation element across the region.

Automotive Sector to Maintain Dominant Position

When viewed by end industry, the automotive sector is projected to lead the market through the end of the forecast period. Automakers are deploying industrial robots, advanced control systems, and digital factory solutions at scale to improve efficiency, quality, and production flexibility. The rapid expansion of electric vehicle production and battery manufacturing, combined with the ongoing modernization of automotive plants in China, Japan, India, and Southeast Asia, is expected to sustain the sector’s commanding position. Pressures around cost reduction, workplace safety, and supply chain resilience are also driving both original equipment manufacturers and component suppliers to deepen their automation investments.

India Poised for Standout Growth

Among individual markets in the region, India is highlighted as one of the fastest-growing. Strong demand from the automotive, electronics, pharmaceuticals, and process industries is accelerating investments in control systems, robotics, and industrial software, while government initiatives supporting industrial modernization, localization, and smart manufacturing are further strengthening automation deployment across the country.

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A Competitive Field of Global Giants

The competitive landscape features a roster of multinational leaders. Key players operating in the Asia Pacific market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), FANUC Corporation (Japan), Emerson Electric Co. (US), GE Vernova (US), Rockwell Automation (US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), and OMRON Corporation (Japan), among others.

The data underscores a broader regional pivot: across Asia Pacific’s industrial base, automation is rapidly shifting from a competitive advantage to a baseline requirement, and the investment numbers reflect that urgency.

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White Mountains Insurance Group, Ltd. (WTM) Analyst/Investor Day Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

White Mountains Insurance Group, Ltd. (WTM) Analyst/Investor Day June 5, 2026 10:00 AM EDT

Company Participants

Weston Hicks
Liam Caffrey – CEO & Director
Michael Papamichael – MD & CFO
Ian Beaton – Founder & CEO
Nicholas Bonnar – Chief Underwriting Officer
Robert Jakacki – Managing Partner, CEO & Co-Chief Investment Officer
Kevin Pearson
Seán McCarthy – CEO, MD & Director
John Daly – CEO & Managing Partner
Jonathan Cramer – Chief Investment Officer

Conference Call Participants

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Jason Rotman
John Chu – Bamboo Ide8 Insurance Services, LLC
Michael O’Connor – BroadStreet Partners Group, LLC
Mark O’Connor
Alon Ketzef – PassportCard Limited
Matt House

Conversation

Weston Hicks

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Good morning. I’m Weston Hicks, the Chair of White Mountains Insurance Group, and I’d like to welcome all of our guests in the room, of course, members of management as well and those participating via the Internet on the webcast. I’d like to recognize the Board members who are in attendance today, Reid Campbell, if you’d just raise your hand; Pete Carlson; Mary Choksi; our newest Director, John Chu; Margie Dillon; Philip Gelston and David Tanner, who is also our Deputy Chairman. And with us in spirit, but unable to attend is Suzanne Shank, who is a terrific director and our expert, among other things, in municipal finance.

So with that as an introduction, I’d like to turn it over to Liam Caffrey, our CEO, who will get the program started. Thank you.

Liam Caffrey
CEO & Director

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Thank you, Weston. Welcome. Before we get going, I’d like to recognize a few members of our management team who are here today and maybe ask them to again raise their hands. So joining me on stage and picking up some of the presentation will be our CFO, Mike Papamichael; and in a little bit, our CIO, Jonathan Cramer. In the audience, Giles Harrison, our President; Rob Seelig, General Counsel and Investor Relations, also manning the webcast and the man with the questions

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Hidden Business Ideas That Are Quietly Making Money

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hidden business ideas

When people talk about starting a business, the same ideas usually come up: food stalls, online selling, franchising, or maybe a small convenience store. These are tried-and-tested paths, but they also come with heavy competition. Everyone seems to be doing the same thing—and that makes it harder to stand out.

But what if the real opportunities are not in the obvious choices?

There are businesses out there that most people don’t even think about. They’re not commonly discussed, not oversaturated, and surprisingly… already making money for those who discovered them early.

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This article will introduce you to unconventional business ideas that are quietly profitable—and might just be your next big move.

hidden business ideas

Why Uncommon Businesses Work

The biggest advantage of a non-traditional business is low competition. When fewer people are offering the same product or service, you don’t have to fight as hard for customers. You can position yourself as a specialist instead of just another option.

Another benefit is higher perceived value. Unique services often allow you to charge more because customers can’t easily compare prices elsewhere.

Most importantly, these businesses tap into specific needs that are often overlooked.

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1. Digital Product Templates

This is one of the fastest-growing yet still underrated business models.

Instead of selling physical products, people are now creating and selling digital templates—things like resume designs, social media posts, planners, or business documents.

The best part? You create it once and sell it multiple times.

Platforms like marketplaces and personal websites make it easy to distribute. Many creators are earning passive income simply by uploading their designs.

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If you have basic design skills, this could be a powerful opportunity.

2. Micro-Consulting Services

Not everyone needs a full-scale consultant. Sometimes, people just want quick, focused advice.

This is where micro-consulting comes in. You offer short sessions—maybe 15 to 30 minutes—focused on solving a specific problem.

Examples include:

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  • Business idea validation
  • Social media strategy advice
  • Resume or interview coaching

Because it’s short and affordable, more people are willing to try it. And for you, it means you can serve multiple clients in a day.

3. Subscription-Based Communities

People are willing to pay not just for products—but for access and belonging.

Private communities focused on a niche topic are becoming profitable. Whether it’s business tips, freelancing support, or hobby groups, members pay monthly fees to stay inside the community.

You don’t need thousands of members. Even a small, engaged group can generate consistent income.

The key is providing value through discussions, exclusive content, or direct interaction.

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4. Content Repurposing Services

Content creators and business owners are always busy. They create videos, podcasts, or blogs—but don’t have time to maximize them.

This creates an opportunity for content repurposing.

You take one piece of content and turn it into multiple formats:

  • Short clips for social media
  • Quotes for posts
  • Blog articles from videos

This service is in demand because it saves time and increases reach.

And the best part? It requires more strategy than capital.

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5. Local Service Arbitrage

This might sound complicated, but it’s actually simple.

You find clients who need services (cleaning, repair, maintenance), then outsource the work to someone else at a lower cost. You keep the difference as profit.

You don’t need to do the work yourself—you just manage the client and the service provider.

This model is already being used globally and can be applied locally with minimal startup cost.

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6. Niche Content Channels

Instead of creating general content, focus on a very specific niche.

Examples include:

  • Stories about overseas workers
  • Daily business tips
  • Short mystery or horror stories

Once your audience grows, you can monetize through ads, sponsorships, or digital products.

The key is consistency and understanding your audience deeply.

7. AI-Assisted Services

Artificial intelligence is changing the way businesses operate—but many people still don’t know how to use it effectively.

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This creates an opportunity for AI-assisted services.

You can offer:

  • Content creation
  • Customer service automation
  • Marketing assistance

Even basic knowledge of AI tools can already give you a competitive edge.

What Makes These Businesses Profitable?

These ideas may seem unusual, but they share common traits:

  • Low startup cost
  • Scalable systems
  • Focused target market
  • Less competition

Instead of competing in crowded industries, they create their own space.

Should You Try One of These?

Not every business idea is for everyone. The best choice depends on your skills, interests, and available time.

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But if you’re tired of competing in saturated markets, exploring uncommon opportunities might be the smarter move.

Start small. Test your idea. Learn from the process.

You don’t need a perfect plan—you just need to begin.

The truth is, opportunities don’t always look obvious.

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Sometimes, the best business ideas are the ones people ignore—simply because they’re not familiar.

While others are busy competing in crowded markets, a few are quietly building income streams in less visible spaces.

The question is…

Will you follow the crowd, or will you explore what others are missing?

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What Profitable Entrepreneurs Really Do (Secrets Revealed)

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businessman hidden habbits

There’s a quiet truth in the business world—something that isn’t often shared in motivational posts or flashy success stories.

Not all successful entrepreneurs follow the advice you commonly hear.

Behind the scenes, profitable business owners operate differently. They make decisions that may seem boring, uncomfortable, or even counterintuitive. These are the habits that don’t usually go viral—but they are the ones that actually make money.

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If you’ve ever wondered why some businesses consistently grow while others struggle, this article will uncover what’s really happening behind the curtain.

businessman hidden habbits

1. They Focus on Profit, Not Just Sales

Many beginners are obsessed with sales numbers. They celebrate hitting revenue milestones without realizing one critical detail:

Revenue does not equal profit.

Profitable entrepreneurs are extremely aware of their margins. They know exactly how much they keep after expenses, and they design their business around profitability—not vanity metrics.

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While others chase “more customers,” smart entrepreneurs ask:

  • Is this customer actually profitable?
  • Are my costs increasing faster than my income?
  • Can I simplify operations to earn more with less effort?

This mindset alone separates struggling businesses from thriving ones.

2. They Say “No” More Often Than “Yes”

One of the most underrated skills in business is the ability to say no.

Opportunities will always come—partnerships, projects, trends, and ideas. But profitable entrepreneurs don’t chase everything.

They protect their time, energy, and focus.

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Instead of asking, “Can I do this?” they ask:

“Should I do this?”

They understand that every “yes” to the wrong thing is a “no” to something more important.

This discipline keeps them focused on what actually grows their business.

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3. They Build Systems, Not Just Hustle

Hard work is important—but it’s not enough.

Many people stay stuck because they rely purely on effort. They work long hours, multitask constantly, and burn out quickly.

Profitable entrepreneurs take a different approach.

They build systems.

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Instead of doing everything manually, they create repeatable processes:

  • Automated marketing funnels
  • Standard operating procedures (SOPs)
  • Delegated tasks to team members

This allows their business to grow even when they are not actively working.

In short: they stop trading time for money and start building machines that generate income.

4. They Make Decisions Based on Data, Not Emotions

Emotions can be dangerous in business.

Fear, excitement, impatience—these can all lead to poor decisions.

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Profitable entrepreneurs rely on something more reliable:

Data.

They track everything that matters:

  • Customer acquisition cost
  • Conversion rates
  • Customer lifetime value
  • Profit margins

Instead of guessing, they analyze.

Instead of reacting, they adjust strategically.

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This gives them a huge advantage over competitors who rely on “gut feel” alone.

5. They Invest in What Most People Avoid

Here’s something rarely talked about:

Profitable entrepreneurs spend money wisely—even when it’s uncomfortable.

They invest in things that don’t give instant results, such as:

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  • Education and skill development
  • Hiring the right people
  • Better tools and systems

Many beginners try to save money by doing everything themselves.

But experienced entrepreneurs understand this truth:

Being cheap can be expensive.

They invest to grow faster, avoid costly mistakes, and scale efficiently.

6. They Stay Consistent—Even When It’s Boring

Success in business is not always exciting.

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In fact, most of it is repetitive.

Posting content regularly, improving products, following up with customers, optimizing processes—these are not glamorous tasks.

But they are essential.

Profitable entrepreneurs win because they stay consistent.

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They show up even when they don’t feel like it.

They continue even when results are slow.

They trust the process.

This long-term discipline is what creates sustainable success.

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7. They Learn to Manage Risk—Not Avoid It

Many people avoid starting or growing a business because they fear risk.

But here’s the truth:

Business always involves risk.

The difference is how you handle it.

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Profitable entrepreneurs don’t eliminate risk—they manage it.

They:

  • Test ideas before fully committing
  • Start small and scale gradually
  • Prepare backup plans

This approach allows them to move forward confidently without being reckless.

8. They Focus on Long-Term Growth, Not Quick Wins

In today’s fast-paced world, many people want instant results.

Quick profits, viral success, overnight growth.

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But profitable entrepreneurs play a different game.

They think long-term.

They focus on:

  • Building strong customer relationships
  • Creating valuable products or services
  • Establishing a trusted brand

They understand that real success takes time—but it lasts longer.

9. They Take Responsibility for Everything

One of the biggest mindset shifts in business is ownership.

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Unsuccessful entrepreneurs often blame:

  • The market
  • The competition
  • The economy

Profitable entrepreneurs take full responsibility.

If something doesn’t work, they ask:

“What can I improve?”

This mindset gives them control over their results—and the power to change them.

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10. They Keep Learning and Adapting

The business world is constantly changing.

Trends evolve. Technology advances. Customer behavior shifts.

Profitable entrepreneurs stay ahead because they never stop learning.

They:

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  • Study their industry
  • Observe competitors
  • Experiment with new strategies

They adapt quickly instead of resisting change.

This flexibility keeps them relevant—and profitable.

The truth is, success in business is not just about having a good idea.

It’s about how you think, decide, and act consistently over time.

The habits shared in this article may not always be exciting or easy—but they are effective.

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And that’s what truly matters.

If you want to grow your business, start by applying even one or two of these principles today.

Because at the end of the day, the difference between struggling and successful entrepreneurs often comes down to what they do when no one is watching.

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Form 13G Our Bond For: 5 June

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Form 13G Our Bond For: 5 June

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India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

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India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting the economy, lifting FY26 growth to 7.7%, according to official data released on Friday. A strong showing by private investment and consumption backed the numbers.

“GDP growth surprised on the upside for Q4, led by stronger-than-expected growth in consumption, investments and valuables (gold effect),” said Sakshi Gupta, principal economist at HDFC Bank. An ET Poll had forecast 7.3% growth for the quarter. Gross domestic product (GDP) expanded 8%-revised upward from 7.8% in the latest data release-in the December quarter and 7% in the year-ago March quarter. The economy grew 7.1% in FY25.

Screenshot 2026-06-06 004438

To be sure, economists expect the impact of the war to start showing up in economic data over the coming months. Finance minister Nirmala Sitharaman said the government is committed to power ahead with its Reform Express, implementing decisive policy measures to ensure positive economic momentum amid global challenges.

Updated Estimates Likely by August
This is the second quarterly GDP release under the revised series that has a new base year and broader coverage. GDP series will incorporate the new Index of Industrial Production series and Producer Price Index with base year 2022-23, and release the updated estimates by August. Nominal GDP—a measure of the economy at current prices, without adjusting for inflation—grew 9.1% in the fourth quarter and 8.9% in FY26.


The numbers suggest that the economy did not see material impact of the West Asia conflict in the quarter, said ICRA chief economist Aditi Nayar. The war began on February 28.
Gross fixed capital formation, a measure of investment activity, rose 10.8% in the fourth quarter from a year earlier, the highest in three years under the new FY23 base year series. Private consumption grew 7.1% compared with 8.2% in the quarter before, while government spending rose 4.9%, up from 4.6%.“The rise in investments stands out, particularly as government spending had moderated in Q4 FY26, signalling that expansion in private investments was likely the key driver,” said Gupta.

Agriculture accelerated to 3.6% from 1.7% in the preceding quarter, while manufacturing growth moderated to 7.3% from 12.8%. Services sector grew 9.9% in Q4 from a year earlier, compared with 9.9% in Q3 The construction sector recorded a high growth 8.4% compared with 6.7% in the quarter before.

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OUTLOOK
The war is likely to impact the economy going ahead as higher energy and other input prices and supply disruptions dent activity and demand.

The Reserve Bank of India on Friday revised its FY27 growth forecast downward to 6.6% from 6.9% projected in April. The expected subpar monsoon will also likely drag down growth.

Devendra Kumar Pant, chief economist at India Ratings and Research (Ind-Ra), cautioned that the ongoing conflict and weaker rainfall linked to El Nino conditions could affect growth prospects. Ind-Ra projects FY27 growth at 6.7%, while ICRA expects sub-6.5%.

Gupta said that growth is expected to moderate in the first quarter of FY27, as elevated energy costs and their impact on margins weigh on growth. However, upbeat export growth along with household consumption is expected to provide support in Q1, she said.

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Chief economic advisor V Anantha Nageswaran said that macro stability measures and supply assurances can bring India back to a 7% growth trajectory in FY28, as soon as external conditions improve.

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VersaBank 2026 Q2 – Results – Earnings Call Presentation (TSX:VBNK:CA) 2026-06-05

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q2: 2026-06-03 Earnings Summary

EPS of $0.39 beats by $0.01

 | Revenue of $38.29M (27.05% Y/Y) beats by $1.79M

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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