Motukea-impacted landowner community groups in Papua New Guinea (PNG) have signed a landmark agreement with International Container Terminal Services, Inc. (ICTSI), through its subsidiary, to establish a collaborative framework needed for the joint port project to move forward.
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Union Bank’s ‘selfie banking’ bags plums
Universal bank Union Bank’s EON project has garnered recognition from numerous international award-giving bodies.
Read More »Less financial stress in Asia, says Moody’s
Credit watchdog Moody’s Investors Service said the Asian Liquidity Stress Indicator (Asian LSI), which measures the strength of financial system in the region, decreased in November 2017 to 26.4 percent from 27.6 percent in October.
Read More »PLDT group moves to spur financial inclusion
Telecom giant Philippine Long Distance Telephone Co. (PLDT) financial technology unit FINTQ and affiliate Smart’s Voyager Innovations are targeting to include 30 million Filipinos into the financial system by 2020 through a project in collaboration with the Liga ng mga Barangay (Liga), the association of local government units with the largest membership representing barangays nationwide.
Read More »PDIC scores highest in governance index
The regulator Governance Commission for Government –owned and/or –controlled corporations (GCG) and the Institute of Corporate Directors (ICD) gave the Philippine Deposit Insurance Corp. (PDIC) the highest score in the Corporate Governance Scorecard for GOCCs for 2016.
Read More »BDO raises $150M for green projects
By Riza Lozada Universal bank BDO Unibank Inc. is pioneering the issuance of so-called green bonds after re- cently raising $150 million from process.
Read More »5 groups vie for P12.5B Clark expansion project
Five consortia were shortlisted as contractor for the P12.5 billion expansion project of the Clark International Airport which is being developed as an alternative gateway to the Ninoy Aquino International Airport (NAIA).
Read More »PCCI backs coal tax in Senate’s Train bill
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest trade group, fears that the Senate’s version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill would drag instead of improving competitiveness of local businesses.
Read More »7-Eleven opens 100th store in Caltex station
After eight years of shared commitment and solid partnership, Philippine Seven Corp (PSC), the exclusive licensor of global convenience store chain giant 7-Eleven, and Chevron Philippines Inc. (CPI), the marketer of the Caltex fuel brand, marked opening of the 100th 7-Eleven-Caltex store at the Aseana Square along Macapagal Avenue in Pasay City.
Read More »Eastern Communications turns 138, reboots brand
With Eastern Communications, it’s always about a strong and personal connection was the promise of Eastern Communications as it recently relaunched the brand through its “Our Strong Connection” campaign after 138 years in the telecommunications business.
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The Market Monitor Minding the Nation's Business