Tag: foreign investments

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EastWest investment banking unit wins top industry awards

EastWest Bank’s investment banking team has earned two major recognitions for its work in the Philippine capital market.

Kia Sportage return drives ACMobility’s EV expansion

The return of the fifth-generation Kia Sportage signals more than the comeback of a popular sport utility vehicle. It underscores ACMobility's strategy of expanding consumer choice while building the infrastructure needed to accelerate the Philippines' transition to electric mobility.

BIR files P22.71-B tax evasion case against Sunwest Inc., top officers before DOJ

The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.

Elon Musk learns trillion-dollar fortunes can wobble

Elon Musk has just misplaced about USD260 billion. Before anyone starts a crowdfunding campaign, though, he's still worth an estimated USD745 billion—comfortably enough to remain the world's richest person.

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