Business

As typhoon Odette (international name “Rai”) hits the Philippines last week causing significant devastation in many parts of the Visayas and Mindanao regions, Germany remains committed in its support towards joint recovery and solidarity-based responses through its COVID-19 vaccine donations and other initiatives related to a multilateral COVID-19 response.

The Monetary Board (MB) has approved the imposition of ceilings on interest rates, penalties, and other fees and charges on small-value, short-term, general purpose, and unsecured loans extended by Lending Companies (LCs), Financing Companies (FCs), and their Online Lending Platforms (OLPs).

The Bangko Sentral ng Pilipinas (BSP) issued the Environmental and Social Risk Management (ESRM) Framework in line with its commitment to champion the sustainability agenda in the financial system.

Victoria International Container Terminal recently took delivery of six new automated container carriers (ACC) from Kalmar.

SM Foundation, through its Operation Tulong Express Program (OPTE), distributed thousands of Kalinga packs to families affected by the onslaught of Typhoon Odette. OPTE is a social good program of SM Foundation in collaboration with SM Supermalls and SM Markets which aims to address the needs of communities during calamities and crises.

International Container Terminal Services, Inc. (ICTSI) hit a milestone in the fight against the COVID-19 pandemic after reaching the 90 percent vaccination rate for its employees.

Sterling Bank of Asia (SBA) has selected San Juan City’s Bureau of Jail Management and Penology (BJMP) as one of this year’s beneficiaries of their annual Corporate Social Responsibility (CSR) program, the Kind Heart Gives Campaign.

Responding to the urgent needs of communities greatly affected by Typhoon Odette, Manila Water Foundation and its partners immediately turned over much-needed drinking water and hygiene products for deployment to displaced families in Cebu.

AISIN, a leading provider of premium OE-quality automotive parts, marked significant milestones this year, including the appointment of AISIN Asia’s new Managing Director, new brand and logo, products, and vision in the coming years.

The Department of Finance (DOF), through the Bureau of the Treasury (BTr) recently recognized Metropolitan Bank and Trust Co. (Metrobank) as the Top Market Maker among the Government Securities Eligible Dealers (GSED). Metrobank was given the top mark among 10 other GSED banks. The honor is bestowed upon the GSED that best helped the national government meet its financing requirements …