Japanese lender MUFG to give govt time for MIF rules tweak
EXECUTIVES of MUFG Bank Ltd. are giving a wide berth to President Ferdinand R. Marcos. Jr. as his administration tweaks the rules for the Maharlika Investment Fund (MIF).
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EXECUTIVES of MUFG Bank Ltd. are giving a wide berth to President Ferdinand R. Marcos. Jr. as his administration tweaks the rules for the Maharlika Investment Fund (MIF).
WHILE the Philippines remain among the top 12 countries attractive as potential locations for offshoring services, it may be losing to its Asian neighbors, a report by Kearney Inc. revealed.
THE personal remittance market will remain resilient despite a weak peso and possible recession from source markets, an executive of a cash-transfer operator said.
ELECTRONIC commerce (e-commerce) may be here but it wouldn’t dislodge the neighborhood mom-and-pop store out of the top spot for purchasing the top 10 FMCG brands in the past decade and in the coming years, a study by the local business of Kantar Group Ltd. revealed.
THE British multinational risk management, insurance brokerage and advisory firm Willis Towers Watson Public Ltd. Co. (WTW) announced the renewal of a lease in its Makati City office.
A RECENT poll by a British multinational revealed Philippine employers are focusing on enhancing the “employee experience” amid the lockdown measures that truncated how people perform their jobs.
Nonprofit group World Wildlife Fund (WWF) Inc. said its fourth assessment of environmental, social and governance (ESG) integration performance shows signs of progress.
THE world is your oyster; but don’t be one. For one, humans are far from being mollusks; for another, being sedentary doesn’t help, especially during lockdowns.
ZERO is both the easiest and most difficult goal, especially in waste management; just ask Jovito L. Benosa, Zero Waste Program Officer of nonprofit EcoWaste Coalition.
MANILA zoomed from the 109th to the 80th spot on the list of most expensive cities in the world for expatriates, the 2020 “Cost of Living Survey” by Mercer Llc. reveals.
Ikhlas Capital Singapore Pte. Ltd. (Ikhlas) announced on May 14 that it signed an agreement for an investment of up to $18 million in Glacier Megafridge Inc. (GMI).
Andres Panganiban, founder of the New Rural Bank of San Leonardo in Nueva Ecija, passed away on April 1 at 67.
Maria Yolanda C. Sevilla, cofounder of The Leather Collection Inc. (TLCI), is an entrepreneur by heart.
WHILE not in the top 10 best cities for Generation Z worldwide, Manila was in the top 10 for gender equality in a study by Nestpick Global Services (NGS) GmbH.
Of 19 cities polled by Value Champion, a consumer research firm, Manila ranked 16th overall as best for millennials.
GOLDEN Arches Development Corp. (GADC) believes 2019 will be another good year for its McDonald’s franchise business in the Philippines due to its steady sales growth, upbeat consumer sentiments and elections in 2019.
SOCHI, Russia—Mouse: the one thing feared by elephants and the world’s largest companies today. Just one click could spell disaster—the Bangladesh bank money transfer fiasco and Wannacry virus—and major revenue losses.
SINGAPORE—The founder of Arab-backed firm Locus Chain Foundation Pte. Ltd. believes blockchain technology can help Asian countries like the Philippines fight terrorism and illegal migrants.
IBM Inc. is readying its business in the Philippines, as it sees the complexity level of the country’s information technology (IT) getting higher.
MOBER Technology PTE (Mober) announced on February 27 that it received funding from 2GO Group Inc. The privately held Mober didn’t disclose how much it received.
KMC Savills Inc. said that, in 2017, Metro Manila saw the highest number of completions to date at around 761,100 square meters (sq m) of gross leasable area (GLA).
AVAYA Holdings Corp. announced on February 13 the appointment of Ferdinand S. Macatangay as the firm’s Philippines country manager.
YOUNG people walk into a bar. Sensing they are minors the bartender asks which generation they belong to. They said “Y to Z.”
MORGAN Stanley & Co. Llc. said it upgraded Globe Telecom Inc. on the back of lower depreciation charges, increases in data monetization and improvement in customer growth.
THE local transaction of Sea Ltd.’s platform called Shopee may have hit 2,500 a day, a back-end support firm said.
SOCIAL enterprise is a vibrant and growing industry in the Philippines, a recent report by the British Council Philippines revealed.
PHILIP Morris International Inc. (PMI) announced last week that the estimated total cigarette market of the Philippines decreased by 8.1 percent in the third quarter.
IRVING, Texas-based Fluor Corp. announced last week it was awarded an engineering, procurement and construction management (EPCM) contract for the utilities, offsites and infrastructure scope of work for JG Summit’s petrochemical complex expansion in Batangas City. Fluor booked the undisclosed contract value in the third quarter of 2017.
HOTEL operator Waterfront Philippines Inc. (WPI) is preparing for a cascade of benefits after the Mactan-Cebu International Airport Passenger Terminal Building formally opens.
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