The latest
Banking & Insurance
RCBC raises record P20.5B ASEAN sustainability bonds
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, has raised a record P20.5 billion from its Series G ASEAN Sustainability Bonds, underscoring strong investor appetite for Environmental, Social, and Governance-linked debt despite a volatile rate environment.
Corporate
Prime Media cuts capital, retires preferred shares
Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.
Economy
Unemployment eases to 5.1% in February
The Philippines’ job market showed tentative improvement in February, with the unemployment rate easing to 5.1 percent from 5.8 percent in January, according to data released Wednesday by the Philippine Statistics Authority.
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