Manulife Financial Corp. has priced a USD1 billion public offering of senior notes at 100 percent of face value, as the global insurer moves to reinforce its funding base and prepare for upcoming refinancing needs.
The equities faced a subdued market in the first quarter of 2025, as a lack of strong positive catalysts kept investor sentiment in check, the head of equities markets at the insurer Manulife said on Friday.
Manulife on Friday acknowledged that over 75 percent of its global workforce is now actively engaged with generative AI (GenAI) tools, including ChatMFC, its proprietary AI assistant introduced in 2024.
The Department of Energy is moving to stabilize the Visayas power supply after the grid returned to yellow and red alerts this week, just days after without any warnings.
International Container Terminal Services Inc., or ICTSI, announced Tuesday it has secured a $1 billion, 10-year term loan from BDO Unibank Inc., with the company serving as sole borrower.
The Department of Environment and Natural Resources launched the Pinoy Biotech Hub today, a centralized digital platform linking Filipinos directly to local biotech solutions, collaborators, and innovations across agriculture, natural resources, and environmental management.