Business

SLAMCI, AB Capital ink partnership

Sunnexdesk

SUN Life Asset Management Company, Inc. (SLAMCI), the biggest non-bank asset management company in the Philippines, and AB Capital Securities, Inc. (ABCSI), one of the Philippines’ leading stock brokerage firms, have signed a partnership to make investing more accessible to Filipinos through the digital platform. Under this agreement, ABCSI will be distributing the Sun Life Prosperity Funds via its online platform. “As more Filipinos embrace the digital lifestyle, we look forward to being in step with them in their financial journey. This partnership with ABCSI will enable us to do just that,” SLAMCI president Valerie N. Pama said. ABSCI joins the growing list of SLAMCI’s online distributors, which includes First Metro Securities, COL Financial, and Unicapital Securities. (PR)

THREAT. According to a Capitol consultant, the Cebu City Government is threatening to shut down the Cebu North Bus Terminal at the back of SM City Cebu (left) and the Cebu South Bus Terminal along N. Bacalso Ave. for operating without a business permit. The Province, which runs both terminals, maintains that it operates the facilities as a public service for passengers going to the province and vice versa. /

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