<?xml encoding=”utf-8″ ?????????> In a rapidly globalizing world, the importance of considering environmental, social, and governance (ESG) factors is increasingly apparent. From climate change to forced labour, businesses have an opportunity to make a positive impact on both the environment and society through their operations. ESG investing is built around […]
Credit growth further slows in July
FREEPIK By Keisha B. Ta-asan, Reporter CREDIT GROWTH slowed for a fourth straight month in July, as high interest rates took its toll, Bangko Sentral ng Pilipinas (BSP) data showed. Data from the BSP showed outstanding loans […]
WTO plans to fix Appellate Body paralysis by 2024
World Trade Organization (WTO) Chief Economist Ralph Ossa on Tuesday said the WTO is working to fix its dispute settlement process by 2024. — PHOTO BY NORMAN P. AQUINO By Norman P. Aquino, Special Reports Editor GENEVA […]
Banks’ bad loan ratio steady in July
REUTERS THE BANKING INDUSTRY’S nonperforming loan (NPL) ratio remained steady in July despite high borrowing costs and elevated inflation. Based on data from the Bangko Sentral ng Pilipinas (BSP), the Philippine banking sector’s gross NPL ratio stood […]
Board approves P33 hike in daily wages in Central Visayas
A REGIONAL wage board has approved a P33 hike in the daily minimum wages of private sector workers in Central Visayas, the Department of Labor and Employment (DoLE) said on Wednesday. The Regional Tripartite Wages and Productivity Board (RTWPB) in Region VII issued a wage order on Sept. 5 that […]
Five potential bidders keen on NAIA rehabilitation project
PHILIPPINE STAR/AJ BOLANDO FIVE potential bidders are considering participating in the public bidding for the rehabilitation of the Ninoy Aquino International Airport (NAIA). In a Viber message on Wednesday, the Department of Transportation (DoTr) said that as […]
San Miguel sets preferred share offering in Nov.
LISTED CONGLOMERATE San Miguel Corp. (SMC) is eyeing Nov. 20 as the issuance date of its preferred shares, with the proceeds to be used as payment for short-term loans and added investments in its New Manila International […]
Vista Land plans P35-billion bond offering
THE VILLARS’ Vista Land & Lifescapes, Inc. said on Wednesday that it is planning to register a three-year bond offering of up to P35 billion. In a stock exchange disclosure, Vista Land said its board had […]
Honda expects monthly sales of 300 units of its latest CR-V
HONDA Cars Philippines, Inc. (HCPI) is expecting to hit its sales target of 300 units a month for its newly launched sixth-generation Honda CR-V starting in October. “Because of the newness of this model, I think we […]
From wedding rituals to fancy distilleries, Asia is taking over the world’s whisky market
By David Ramli IF YOU’RE invited to a wedding in Southern China you might see couples perform an unexpected ritual. First their hands are bound together, then the pair imbibe a shared toast of Scotch whisky. It’s an invariably heart-warming symbol of shared destiny that might seem to hark back […]