The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...
While several big-ticket government projects in the pipeline threaten to widen the Philippines’ current account deficit and put pressure on the trade balance, Germany-based Deutsche Bank said this could ultimately benefit the country’s economic growth and strengthen the peso in the long run....
Deutsche Bank celebrated its 50th anniversary in the Philippines this year, a milestone that not only underscores its deep-rooted presence in the country but also signals an ambitious forward-looking agenda. As one of the world’s leading financial institutions, the German bank is placing the...