PHILIPPINE STAR/MICHAEL VARCASMANILA fell 12 spots and continued to lag behind its Asian neighbors in the latest ranking of financial centers based on their green finance performance, London-based think tank Z/Yen Group said in its latest report.In the 14th edition of the Global Green Finance

BW FILE PHOTOSY-LED SM Prime Holdings, Inc. reported an 11% rise in its third-quarter (Q3) net income to P11.8 billion, with its president expecting further growth in the fourth quarter (Q4), boosted by a new mall in Cebu and the holiday season.Third-quarter consolidated revenue rose

PHILIPPINE STAR/KRIZ JOHN ROSALESUNION BANK of the Philippines, Inc. (UnionBank) has entered an investment agreement with the ATR Asset Management Group (ATRAM Group) for the merger of their trust units, the listed lender announced on Monday.Under the deal approved by its board of directors on

CIRCUS FLORAWith the 2024 US elections concluded and Donald Trump reclaiming the presidency, the outcome serves as a compelling case study in the complex dynamics of trust. Despite a historic campaign led by Vice-President Kamala Harris — with countless A-list endorsements, extensive media exposure, and

BW FILE PHOTOLISTED DoubleDragon Corp. (DD) has started the offer period for its P10-billion retail bond issuance, running until Nov. 20, banking on high investor demand to support its fundraising plans.The bond issuance is priced at 8% per annum and has a tenor of 5.5

BANGKO SENTRAL NG PILIPINASTHE BANGKO SENTRAL ng Pilipinas (BSP) is looking to create a framework for clearing switch operations within the national payment system to ensure quick and affordable transactions.In a draft circular posted on its website, the central bank said the framework will work

LOPEZ-LED First Gen Corp. saw its attributable net income fall by 34.2% to $52.91 million for the third quarter (Q3) amid lower revenues and a slight increase in expenses. Gross revenues went down by 5.9% to $568.48 million, the energy company said in a regulatory filing

OFFICE SPACE requirements now average between 1,000 and 5,000 square meters (sq.m.), compared to the pre-pandemic average of 5,000 to 10,000 sq.m., according to JLL Philippines Head of Research and Strategic Consulting Jan-Loven C. de los Reyes. — PETR MAGERA-UNSPLASHDEMAND for office space outside Metro

BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at slightly higher rates amid renewed inflation worries.The Bureau of the Treasury (BTr) raised P20 billion as planned from the T-bills it auctioned off on Monday as total

Last week the Philippine Statistics Authority (PSA) released the gross domestic product (GDP) data for the third quarter (Q3) of 2024. It showed that the GDP grew 5.2% from the level a year ago. This is low compared to the estimates made by economists in

MANUEL V. PANGILINAN — BW FILE PHOTOGLOBAL professional services company Accenture, Inc. has partnered with Pangilinan-led Kayana Solutions, Inc. to build a digital factory that will accelerate digital product development for the Metro Pacific group.The digital factory is expected to address the digital requirements