Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.
The Department of Agriculture (DA) has created a single project management office (PMO) to oversee two major reform programs funded by the World Bank. The move aims to improve coordination, speed up implementation, and strengthen oversight.
EastWest Bank is doubling down on prudent expansion, sharpening its focus on wealth management, hyper-local growth, and digitalization as it navigates a more uncertain economic landscape.