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.
The Bangko Sentral ng Pilipinas (BSP) reduced its benchmark interest rate by 25 basis points on Thursday, as the monetary board responded to a more favorable inflation outlook and signs of slowing global economic activity.
The Department of Transportation (DOTr) has ordered NLEX Corp. to immediately suspend toll collection at the northbound segment of the Marilao Interchange on the North Luzon Expressway (NLEX) until all four lanes are fully operational.
China Bank Savings (CBS) sees BDO Network Bank's entry into the thrift banking sector as a positive step for financial inclusion and industry stability, signaling potential shifts in the retail banking landscape.
BPI Securities on Thursday affirms that the economy remains fundamentally sound despite rising geopolitical tensions in the Middle East. Mark Race, its president and CEO, said that while the country faces risks from elevated oil prices due to its status as a major importer, stable inflation and improving domestic supply conditions, particularly in rice, are helping to cushion the impact.