Standard Chartered Bank supports youth empowerment through agriculture
Standard Chartered Bank (SCB) has partnered with the Pampamilyang Paaralang Agrikultura Foundation Inc. to launch the SCB Youth for Sustainable Agriculture Development.
UnionBank names new leaders at CitySavings, UnionDigital
City Savings Bank (CitySavings) recently announced the appointment of Ana Aboitiz Delgado as the new chairman of the Board of the thrift banking arm of the Aboitiz-led Union Bank of the Philippines.
Cemex Holdings suffers P1B net loss in 2022 on weak cement demand, FX losses
Listed cement manufacturer Cemex Holdings Philippines Inc. said Tuesday it suffered a P1-billion net loss in 2022, with higher cement prices not enough to offset the decline in sales volume, higher fuel cost, and foreign exchange losses.
Oriental Peninsula affiliate signs power deal with Marubeni
Oriental Peninsula Resources Group Inc., which trades on the stock exchange under the symbol ORE, said Tuesday one of its affiliate, Oriental Energy & Power Generation Corp., has signed an agreement with Japan’s Marubeni Corp. for the development of renewable energy sources in the Philippines.
SRA recommends importing 440,000 MT of refined sugar
The government has greenlit the entry of 440,000 metric tons (MT) of sugar to tamp down its retail price and at the same time fill up a two-month buffer stock, according to the Sugar Regulatory Administration (SRA).
