RRR cut to boost banks’ profits, lending

THE PLANNED CUT in banks’ reserve requirement ratio (RRR) could increase banks’ profits as this would allow them to use more of their cash to fund their loans. Banks that are more aggressive in expanding their loan book could benefit more from the planned RRR cut, Fitch Asia-Pacific Financial Institutions […]

Discovery World ventures into solar

UNSPLASH DISCOVERY World Corp. said on Thursday that its executive committee had approved the subscription to the capital stock of its subsidiary that will hold solar energy assets. In a regulatory filing, the company said its executive panel in a meeting on May 18 cleared the move, identifying the unit […]

Revisiting your mission and vision

All companies exist for a purpose and generally, mainly for profit. Companies, however, now realize that its most important assets are its people and that one cannot operate without taking care of the environment. So, there are now three purposes: profits, people and planet. Companies, big or small, have aspirations […]

EntertainmentNews (05/19/23)

1 of 5 Bb. Pilipinas National Costume photo exhibit at Gateway The national costumes of the 2023 candidates for Binibining Pilipina can now be viewed in a photo exhibit at the Gateway Mall Activity Area in Araneta City, Cubao, Quezon City. The exhibit showcases the unique and creative national costumes […]

Giving employees a clean slate

I’m the human resource (HR) manager of a medium-sized company. Our employees are clamoring for a policy granting a clean slate on offenses after a certain period. This idea was discussed in our recent town hall meeting with the chief executive officer (CEO), who assigned HR to study its pros […]