Business

Listed building solutions provider Holcim Philippines Inc. recently shared their products that can help the government better execute its road infrastructure program, a key thrust of the national infrastructure upgrade particularly in Mindanao, during the 2017 Philconstruct in Davao.

By Riza Lozada The Union Bank of the Philippines (UBP) board recently approved the appointment of President Edwin Bautista as Chief Executive Officer (CEO), effective January 1, 2018 to take the place of Justo Ortiz who has been the bank’s CEO since 1993.

Security Bank Corp. (SBC) had reinforced the security of its automated teller cards (ATM) with an enhanced safety feature.

Bond yields in most emerging East Asian markets rose between June 1 and August 15 to reflect improving growth prospects in both emerging East Asia and globally, according to the Asian Development Bank’s (ADB) latest Asia Bond Monitor.

Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) maintained its 2017-18 inflation projection but slightly hiked the 2019 figure given the developments in oil prices and weakness of the peso, among others.

By Riza Lozada  The Philippine Stock Exchange index (PSEi) composed of 30 blue chips will not see any changes based on the review covering the trading period from July 2016 to June 2017, the PSE said. 

Finance Secretary Carlos Dominguez III is amenable to any amendment of the Real Estate Investment Trust (REIT) if there is an assurance that money allocated for this purpose will be used for domestic activities. 

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

By Riza Lozada  The Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), the Securities and Exchange Commission (SEC), and the Bureau of the Treasury (BTr) launched a joint initiative to spur the development of the domestic debt market.