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.
Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.
The Philippines scored a major vote of confidence as S&P Global Ratings affirmed the country’s investment-grade credit rating, saying the economy remains one of Asia’s strongest despite a temporary slowdown.
Batu Ampar Container Terminal (BACT) and Batam Terminal Petikemas (BTP), together with Interport Mandiri Utama, will take over as the single operator of the North Pier at Batu Ampar Port beginning December this year. The move is part of a major effort to modernize operations and boost Batam’s position as a regional logistics hub.
GCash’s new in-app feature for buying shares in initial public offerings (IPOs) and follow-on offerings (FOOs) is gaining traction, opening fresh growth opportunities for listed companies while making the stock market more accessible to everyday Filipinos.