Philippines National Bank, the financial services arm of the Lucio Tan Group, is planning to raise fresh funds from the issuance of US dollar-denominated notes. In a disclosure to the Philippine Stock Exchange, the bank said it has mandated ING and J.P. Morgan as Joint Lead Managers and Joint...
Inflation likely further slid to 2.9 percent in September as oil and rice price hikes eased, according to Dutch financial giant ING. "The Philippines' small decline in rice prices in September and lower transport fuel prices will have been offset by increases in fruits and vegetables and some other...
Dutch financial giant ING expects the Bangko Sentral ng Pilipinas (BSP) to continue cutting interest rates, given favorable inflation expectations for August and beyond. "Even though there is no evidence yet that the July tariff cuts have had much impact on consumer rice prices, the absence of any...
The Bangko Sentral ng Pilipinas (BSP) will likely keep the policy rate at 6.5 percent next week while the central bank navigates around a weak peso and a hawkish US Federal Reserve, global banks said. "Another central bank that may be under pressure to review its rate stance next week is the...
Calls for social awareness have pushed companies and enterprises worldwide to realign their practices with the principles of the Environment, Social, Governance (ESG) framework. While tagged as a non-financial performance indicator, ESG represents the sustainable and ethical impact of a company’s...
Dutch financial institution ING has named Jun Palanca as new country head of the Philippines, succeeding Hans Sicat who has retired on Dec. 31, 2022. Palanca re-joined ING in May 2022 as head of Wholesale Banking in the Philippines, armed with over 30 years of experience. As country head, he has...
TAIPEI, Taiwan -- Taiwan's President Tsai Ing-wen has stepped down as head of her ruling party after it suffered defeat in Saturday's local elections, while the Beijing-friendly main opposition held its ground. Taiwan's President Tsai Ing-wen drops her ballot as she votes at a polling station...
41-year-old finance chief is first awardee from a non-conglomerate organization Grant Cheng, CFA, Chief Finance Officer, Cebu Landmasters, Inc. is 2022 ING-FINEX CFO of the year Cebu Landmasters Inc. (CLI) Chief Finance Officer Grant Cheng believes no one should feel at liberty to waste company...
K-pop boy band Seventeen released their first English-language song “Darl+ing” on April 15, a prelude to their fourth studio album that will be out in May. “Darl+ing” is built on a sweet-sounding but addictive chorus and an enthralling line of synths and is an eloquent expression of the...
TAIPEI, Taiwan -- Democratic countries must not "turn a blind eye to military aggression", Taiwan's leader said Wednesday, warning her island faces threats similar to those confronted by Ukraine at a meeting with a delegation of former US security officials. The delegation, led by ex-chairman of...
2021 ING-FINEX CFO of the Year, Ms. Anabelle Lim Chua, SVP, Chief Financial Officer, and Chief Risk Management Officer, PLDT. For the second straight year honoring “game-changing” CFOs, the country’s most outstanding finance steward is a woman. PLDT’s Anabelle Lim Chua was awarded the 2021...
The Boyz (Twitter) K-pop boy band The Boyz achieved a personal best when their new album sold more than 500,000 copies. The Boyz released “Thrill-ing” on Aug. 9 and according to Hanteo Chart, the album sold 523,630 copies in the first week of release, an increase of 146 percent from their...
