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Thursday, January 30, 2020

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258 Results Found For "Manila / Business"

Economy posts slowest growth in 8 years

/ from January 23, 2020

THE government missed its growth target for 2019 as the economy expanded by only 5.9 percent, the slowest rate in eight years, according to Socioeconomic Planning Secretary Ernesto Pernia.The Philippines has been growing by at least 6.0 percent since 2012, even reaching a high of 7.1 percent in 2013. Under ...

Government revises Q3 growth ahead of 2019 GDP results

/ from January 22, 2020

THE Philippine Statistics Authority (PSA) said the economy grew by only 6.0 percent in the third quarter of 2019, not 6.2 percent as previously announced.The agency announced the revision in the gross domestic product (GDP) growth rate on Wednesday, January 22, a day before it is scheduled to announce the ...

BDO to issue P5 billion fixed rate bonds

/ from January 20, 2020

BDO Unibank Inc. (BDO) announced an issuance of P5 billion worth of fixed rate bonds, which is a component of the P100 billion bond program approved by the board of BDO in August 2018.This follows the P35 billion fixed rate bond issuance in February 2019, and is part of the ...

AirAsia now accepting applications for cadet pilot program

/ from January 20, 2020

AIRASIA officials opened Monday, January 20, applications for the "Dare to Fly! The Allstars Cadet Pilot Program" to select and train aspiring young pilots.A partnership between AirAsia and Omni Aviation Corporation, the program provides successful cadets with up to two years of technical and leadership training, with the aim of ...

Shell refinery operations normal amid Taal eruption

/ from January 17, 2020

NORMAL business operations continue at Pilipinas Shell’s Tabangao Refinery and across all businesses amidst the eruption of Taal Volcano in Batangas as the company remains alert and cautiously monitor the situation.The company said in a statement on Friday, January 17, that its staff and business partners in the refinery are ...

Aboitiz raises $400M from maiden dollar bond issue

/ from January 14, 2020

TAPPING the foreign market for the very first time, Aboitiz Equity Ventures Inc. (AEV) raised $400 million through the issuance of fixed- rate, US dollar-denominated Regulation S-only senior unsecured notes by its wholly-owned subsidiary, AEV International Pte Ltd.The notes will be listed on the Singapore Stock Exchange. This is AEV’s ...

How companies can better protect customers online

/ from January 9, 2020

IF THERE'S one thing that’s sure to unfold in the next decade — it’s the full digital transformation, or the deliberate and purposeful steps by society’s most important institutions to do so. It’s been happening since the turn of the millennium. Governments, schools, and more evidently, companies, have been hell-bent ...

BDO wins The Banker’s Bank of the Year in the Philippines

/ from January 6, 2020

BDO Unibank Inc. emerged as the Bank of the Year in the Philippines given its “focused approach on bringing the best services and loans to customers,” The Banker said in a statement.The London-based financial publication underscored BDO’s far-reaching retail network, which enables it to serve the unique banking needs of ...

Aboitiz, Singapore firm to offer digital life insurance

/ from December 20, 2019

ABOITIZ Group's listed firm Aboitiz Equity Ventures, Inc. (AEV) and Singapore Life Private Limited (Singlife) have partnered to establish a new digital life insurance company in the country.The joint venture, Singlife Philippines, majority of which is owned by Singlife (65 percent) with partners Di-Firm (20 percent), and AEV (15 percent), ...

CIMB, Meralco launch Bayad Center solution

/ from December 13, 2019

CIMB Bank Philippines signed a partnership with Meralco’s Bayad Center on December 11 for the launching of a new and innovative financial solution for Bayad Center customers.CIMB Bank Philippines chief executive officer Vijay Manoharan said the partnership aims to drive further digital banking adoption among Bayad Center’s four million active ...

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