In the photo from left to right: Ollygar Von A. Palay (Finance Manager, WeFund Lending Corp.), Francisco “Coco” D.C. Mauricio (President and CEO, WeFund Lending Corp.), John Cary L. Ong (Executive Vice President, Security Bank), Alexis Xu (Chief Financial Officer, Finvolution Group), Earvin O. Lucido
THE PHILIPPINE DEPOSIT Insurance Corp. (PDIC) is looking to raise the maximum insurance coverage amount from the current P500,000 to account for inflation, its top official said.“We’ll probably announce it within the first half. The implementation, that will have to be studied in detail,” PDIC
PHILIPPINE STAR/ EDD GUMBAN“To market, to market, to buy a fat pig. Home again, home again, jiggety-jig.”That is a nursery rhyme from the Mother Goose collection of playful jingles chanted by little children in England and America since the 1600s. “To Market, To Market” or
ABOITIZPOWER.COMNORTHERN Sun Radiance, Inc. (NSRI), a unit of Aboitiz Power Corp. (AboitizPower), is requesting approval from the Energy Regulatory Commission (ERC) to construct a transmission facility that will connect its solar farm to the Luzon grid.The company is proposing to develop, own, and/or operate interconnection
IMAGE FROM HONDA CARS PHILIPPINES HONDA CARS PHILIPPINES, INC. (HCPI) welcomes 2025 with the “New Year, New Deals” promo. Until Jan. 31, customers can get as much as P85,000 off the Honda City or Honda BR-V.The Honda City, reported HCPI, can realize a fuel economy
1 of 2By Adrian H. Halili, ReporterNESTLED in the high mountains of Benguet province is Agnep Heritage Farms, which seeks to elevate Arabica bean production in the Philippines through its shade-grown coffee.“The high elevation could be a good place for [growing] arabica,” Noemi L. Dado,
BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities fell on Friday amid strong demand.The central bank’s securities fetched bids amounting to P221.45 billion on Friday, higher than the P120-billion offer and the P129.382 billion in tenders for the P100 billion auctioned
Agreements worth £600 million, potentially adding £1 billion in value to the UK economy, have been secured following Chancellor Rachel Reeves’ trip to Beijing.Winnie Cao, Head of Blick Rothenberg’s China Desk and China Business Group, described the productive discussions between Reeves and Vice Premier He
PHILIPPINE STAR/KRIZ JOHN ROSALESPHILIPPINE SHARES may rebound this week on bargain hunting as markets await the latest US inflation reports that could affect the pace of the Federal Reserve’s easing cycle.On Friday, the bellwether Philippine Stock Exchange index (PSEi) fell by 0.23% or 15.25 points
BW FILE PHOTOTHE PESO may stay at the P58 level against the dollar this week as stronger-than-expected US jobs data stoked inflation concerns in the world’s largest economy, pushing back US Federal Reserve rate cut expectations.The local unit closed at P58.36 per dollar on Friday,
PHILIPPINE STAR/MIGUEL DE GUZMANTHE construction of Light Rail Transit Line 2’s (LRT-2) West Extension project suffered another delay due to funding unavailability, according to the Light Rail Transit Authority (LRTA).According to Hernando T. Cabrera, LRTA administrator, no definite construction date has been set for the