BANK LENDING to small businesses continued to fall short of the mandated quota of 10% of their total loan portfolio. — PHILIPPINE STAR/ MICHAEL VARCAS PHILIPPINE BANKS failed to meet the mandated quota for small business loans […]
Philippines yet to fulfill some action plans to exit from FATF ‘gray list’
President Ferdinand R. Marcos Jr. presides over a meeting discussing the status of the Philippines in the Financial Action Task Force’s (FATF) “gray list” at Malacanan Palace, Jan. 2. — YUMMIE DINGDING/PPA POOL THE PHILIPPINES has yet […]
Jollibee boosts Tim Ho Wan capital by S$100M
FACEBOOK/TIMHOWANPH JOLLIBEE Foods Corp. has increased its capital commitment to Titan Dining LP, the private equity fund that owns the Tim Ho Wan brand and stores, to S$414 million ($313.2 million) to fund its expansion. In a […]
Eleven-month corporate registration tops 2022 level
SEC.GOV.PH THE number of companies that registered in the Philippines had surpassed the 2022 level as of end-November, led by domestic stock corporations, according to the Securities and Exchange Commission (SEC). In a statement on Tuesday, the […]
2024: A full theatrical calendar
1 of 2 THE theater, dance, and music scene last year was vibrant and jampacked, and it seems that 2024 will be no different. Here are some shows that will keep calendars full this year. FATEJAN. 12The Philippine Philharmonic Orchestra (PPO) starts off the year with an evening of classical […]
Philippine builders may benefit from state’s renewed infra dev’t plan
A construction site is seen in Cubao, Quezon City. — PHILIPPINE STAR/ MICHAEL VARCAS By Ashley Erika O. Jose, Reporter LISTED construction companies are expected to post better results this year amid a growing state focus on […]
Gov’t upsizes award of T-bills as bids soar amid pent-up demand
RJ JOQUICO-UNSPLASH THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Tuesday, even as rates rose across all tenors, amid pent-up demand for debt following the holiday break and with interest rates expected to […]
Steady hearts, steady hands as Vatican experts restore masterpieces
DAVID at its current location in the Galleria dell’Accademia. — MARCUSOBAL/EN.WIKIPEDIA.ORG VATICAN CITY — Whenever Alessandra Zarelli, a restorer at the Vatican Museums, works on a masterpiece by an artist such as Michelangelo, she steadies her heart […]
Global Ferronickel renews supply deal with Baosteel
GLOBAL Ferronickel Holdings, Inc. on Tuesday said it plans to sell 1.5 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd. In a disclosure to the Philippine Stock Exchange, the company said […]
No reason to be complacent: Helping the illiterate
By Bernardo M. Villegas BW FILE PHOTO (Part 3) In his Message for the 2023 World Day of the Poor celebrated on Nov. 19, 2023, Pope Francis recalled the 60th anniversary of the encyclical Pacem […]