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MANILA, Philippines — Officials of the Bangko Sentral ng Pilipinas were the top highest paid officials in 2023, according to a recent report of the Commission on Audit (COA) released on Thursday.
Union Bank [UBP 39.80, up 3.4%; 77% avgVol] [link] set the price of its stock rights offering (SRO) at P30.57/share, and set the entitlement ratio at 1 rights share for every 9.1382 UBP shares owned, or (roughly) 0.11 new shares for every existing share. UBP plans to sell 327,118,089 UBP shares through this offering to raise P10 billion.
MANILA, Philippines – The Creamline Cool Smashers are fighting an uphill battle as they attempt to keep their PVL All-Filipino championship on their side amid intense competition in the 2024 PVL All-Filipino Conference semifinals.
MANILA, Philippines — The 14th Philippine SME Business Expo (PHILSME) is set to take place from May 10 to 11 at the SMX Convention Center Manila, continuing its legacy of empowering small and medium enterprises in the Philippines.
Senator Risa Hontiveros on Thursday urged the Department of Transportation (DOTr) to work with Land Bank of the Philippines and the Development Bank of the Philippines (DBP) to purchase modern PUVs to be leased to consolidated transport cooperatives to make up for the transport shortage the government has created due to the PUV Modernization Program.
HONG KONG, China — Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years.
MANILA, Philippines — Metrobank is hailed as the Most Recommended Retail Bank in the Philippines by The Asian Banker in the publication’s recently held Global Excellence in Retail Finance Awards.