Citigroup is planning to lay off around 20 equity researchers in Asia Pacific as part of its global overhaul, a person with direct knowledge of the matter said.
Proposed amendments to the Corporate Recovery and Tax Incentives for Enterprises, or the CREATE Law now pending at the House of Representatives but certified as urgent by President Ferdinand Marcos Jr., should foster more investments and enhance the country’s competitiveness, Colliers Research said Thursday.
BDO Unibank Inc., the country’s largest lender by assets, on Wednesday cut short the offer period for its second ASEAN Sustainability Bond issue due to strong demand from both retail and institutional investors.
Former Finance Secretary Benjamin E. Diokno has been appointed as a full-time member of the Monetary Board for a six-year term effective 15 January 2024, after having served as chief of the Department of Finance.