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.
Concreat Holdings Philippines Inc. is raising cement prices in stages and tightening operations to reverse its losses, betting that higher selling prices and plant improvements will restore profitability next year.
The government plans to let businesses register with key employee-benefit agencies through a single digital platform, potentially eliminating separate filings with the Social Security System (SSS), Philippine Health Insurance Corp. and Pag-IBIG Fund.
The Bangko Sentral ng Pilipinas (BSP) has no clear timetable for resuming interest rate cuts as it remains focused on containing inflation pressures from core prices and peso depreciation, Governor Eli Remolona Jr. said.
Alex Eala advanced to the Round of 16 at the Prudential Hong Kong Open on Tuesday. However, her straight-sets win over Australian lucky loser Emerson Jones included enough untidy moments to suggest she still has work to do.