The number of women holding executive positions in listed firms equals 40 percent of companies but they occupy only functional or support roles, a study conducted by Philippine Women’s Economic Network (PhilWEN) and the Philippine Business Coalition for Women Empowerment showed.
Security Bank Corp., the 10th largest lender in the country, said Tuesday it raised P20 billion through the issuance of Fixed-Rate Peso Corporate Bonds due in 2029 that carry an annual interest rate of 6.05 percent.
San Miguel Corporation (SMC) on Monday bared plans to spend up to P5 billion to build a new off-ramp at Terminal 3 of the Ninoy Aquino International Airport (NAIA) from the NAIA Expressway to help ease traffic congestion in the area and improve accessibility to the country's main international gateway.
The Department of Agriculture on Saturday concluded a series of consultations in Calabarzon refining protocols that govern the movement of healthy hogs amid a resurgence of the dreaded African swine fever (ASF), particularly in Batangas.
ACEN Corp., the renewable energy arm of the Ayala Group., said Monday it has signed a memorandum of understanding with GenZero and Keppel Ltd. to jointly explore transition credits for accelerating the retirement of the South Luzon Thermal Energy Corp. coal-fired power plant in Batangas and replace it with a clean energy dispatch facility.
Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.
Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.
A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.