Tag: Land Bank of the Philippines

Foreign direct investment (FDI) inflows to emerging markets and developing economies (EMDEs) have declined sharply since their 2008 peak, falling from 5 percent of GDP to around 2 percent in recent years, according to a World Bank study. The decline affects nearly 60 percent of EMDEs, including regional players like the Philippines, and threatens progress in infrastructure development, poverty reduction, job creation, and climate action.

Pru Life UK has unveiled its first Shari’ah-compliant life insurance product in the Philippines, the PRUTerm Lindungi, marking a landmark innovation in the insurance sector. Rooted in Islamic principles of mutual aid, fairness, and shared responsibility, the plan is designed to provide inclusive, ethical, and affordable life protection for Filipinos of all backgrounds.

Shares of Accenture slid nearly 7 percent on Friday after the global professional services giant reported lower-than-expected new bookings for its fiscal third quarter ending May 31, despite solid gains in revenue and profitability.

NLEX Corp. announced on Friday accelerated repair works at the Marilao Overpass Bridge that sustained damage caused by an overheight container truck, significantly affecting traffic flow in the area.