Tag: Gender-Equality Index

Shares of Meta Platforms jumped about 3 percent Monday as investors bet that the reported potential job cuts could help offset the technology company's artificial intelligence spending. The stock of the company that owns Facebook, Instagram, WhatsApp and Threads closed 2.3 percent higher at USD627.45.

When Christina Garcia Frasco left the helm of the Department of Tourism, it wasn’t quite a farewell tour—more like a change in itinerary. Now appointed Presidential Adviser for Sustainable and Resilient Communities by President Ferdinand R. Marcos Jr., the former tourism chief is swapping travel brochures for the less glamorous but arguably more urgent business of resilience policy.

Metropolitan Bank & Trust Co., the country’s second largest lender by assets, has launched an offering of peso-denominated sustainability bonds, seeking to raise at least P5 billion as the bank deepens its funding base while riding growing investor demand for environmental, social and governance (ESG) assets.

The local bottler of Pepsi said a two-year digital transformation program is beginning to improve service, expand reach over a throng of neighborhood retailers more known as sari-sari stores, and support a goal of revenue growth exceeding the Philippines’ expected GDP expansion this year.