The increase in palay production has not significantly improved the lives of rice farmers as farm gate prices have yet to hit their 2018 highs, according to seasonally-adjusted data from the Philippine Statistics Authority.
The six-country ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards has cited local fast food giant Jollibee Foods Corp. for its adoption of sustainable, responsible, and transparent business practices.
Celebrations of great cultural significance should henceforth be held at Ayala Land Inc.’s Samsung Performing Arts Theater following an agreement with the Cultural Center of the Philippines to host the shows initially scheduled at the CCP.
Vista Land & Lifescapes Inc., the property development arm of the Villar Group, said Friday it raised P2.9 billion through the issuance of three-year debt notes due December 2025.
BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Co.—the largest, second and fourth largest lenders by assets, according to a central bank report—also reported improvements in their nonperforming loan ratios on the growth of the loan portfolio and the steady or lower nonperforming loans.
Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.
Listed property developer DoubleDragon Corp. on Thursday officially launched the public offering of its 7.7% fixed-rate retail bonds, following regulatory approval from the Securities and Exchange Commission.
Paramount Skydance is preparing a bid to acquire Warner Bros. Discovery, according to a report by The Wall Street Journal, a megadeal that could potentially alter the entertainment industry.