The Philippines’ recent exit from the global money-laundering watchlist is the “biggest” breakthrough that would push the country further towards achieving an “A” credit rating, according to the top executive of the local trust arm of Canadian insurance giant Sun Life. Speaking to...
While the Philippine economy is expected to expand by 6.2 percent this year, Sun Life Investment Management and Trust Corp. (SLIMTC) said the peso could depreciate to as low as 61 against the US dollar. “Growth will improve to 6.2 percent from 5.6 percent last year. However, peso will weaken and...
The Sun Life Investment Management and Trust Corp. (SLIMTC) has appointed global financial giant Citi as its middle office service provider in the Philippines. In a statement, Mike Enriquez, SLIMTC president said the mandate made Citi the first bank in the country to onboard a middle office client,...
Sun Life Philippines has created a wealth management company catering to institutional investors and high-net-worth individuals who are looking to generate additional profit. In a statement, Benedict Sison, Sun Life Philippines chief executive officer and country head said they have officially...