Tag: Col Financial Group Inc.

The Power Sector Assets and Liabilities Management Corp. (PSALM) confirmed Thursday that a consortium led by San Miguel Corp. has submitted an unsolicited proposal to rehabilitate the Agus-Pulangi hydroelectric complex in Mindanao, marking a major milestone in the government’s long-running effort to modernize and privatize one of the country’s largest remaining state-owned power assets.

Manulife Philippines and Manulife Global Solutions (MGS) are expanding community initiatives focused on financial resilience, health and well-being as longer life expectancy puts greater emphasis on preparing Filipinos for healthier and more financially secure lives.

The Department of Finance’s (DOF) proposed automobile tax changes under the ProGRESS Bill could deliver sharply different impacts depending on the vehicle  and taxpayer, with higher taxes concentrated on luxury cars but a much broader increase affecting motorists, transport operators and businesses.

The Philippine economy faces the mounting risk of falling short of official state growth targets this year, the Makati Business Club warned.