The Cavite-Laguna Expressway (CALAX) will open its Silang (Aguinaldo) Interchange in the second half of this year, extending the tollway's operational sections from Mamplasan, Laguna, to Aguinaldo Highway in Silang, Cavite. Todate, the 3.9-kilometer 2x2 lane CALAX subsection is 56 percent...
The World Bank has expressed interest to fund various infrastructure projects in Sulu that include roads and a major source of potable water for the residents, an official of the Department of Public Works and Highways (DPWH) has disclosed. Emil K. Sadain, DPWH undersecretary for Unified...
Moody’s Investors Service affirmed China Banking Corporation’s (China Bank) deposit and issuer credit ratings at Baa2 on the back of its strong capitalization and profitability. In a disclosure to the Philippine Stock Exchange, the bank said the rating is a notch above the minimum investment...
Southeast Asia’s green recovery from the pandemic has the potential to create more investment opportunities and add millions of jobs in the next eight years, a new Asian Development Bank (ADB) report said. Based on ADB’s “Implementing a Green Recovery in Southeast Asia” report on Wednesday,...
Security Bank Corporation is raising up to P1 billion through an offering of fixed rate bonds due in 2024 with an oversubscription option. In a disclosure to the Philippine Stock Exchange, the bank said the bonds will have a tenor of 1.5 years and will be marketed at a fixed rate of 3.7407 percent...
Globe Telecom Inc. forged cybersecurity partnerships with local financial institutions and managed to block 9,063,698 bank-related scam and spam messages in the first half of the year, the telco disclosed Monday, July 4. The number is part of the 138 million scam and spam messages which Globe...
Leyte 1st District Rep. Martin Romualdez has filed the first bill in the 19th Congress, seeking to allocate P10 billion to two state banks to expand their lending capacities to micro, small, and medium enterprises (MSMEs) to help these recover from the Covid-19 pandemic. Leyte 1st District...
Settle PEZA fees with Maya Philippine Economic Zone Authority (PEZA) registered firms can now conveniently settle their fees online using the all-in-one money app Maya via the MYEG Payment Gateway. The initiative is part of PEZA's thrust to promote digital transactions and ease of doing business....
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
House Strategic Intelligence Committee Chairperson Rep. Johnny Pimentel has called on the Department of Energy (DOE) to lift suspension of oil and gas drilling activities in the Recto Bank, also known as the Reed Tablemount. West Philippine Sea (FILE PHOTO FROM AFP) This, following the total...
When was the last time you read a book? Do you click a title that says ‘five-minute read’ – and finish reading the whole article? Reading is one of the most important skills because it leads to knowledge, self-improvement, and better comprehension of the world around us. Even though that is...
Asia United Bank (AUB) is expecting higher profits this year compared to 2021, but growth rates will not reach pre-pandemic levels because of numerous challenges it faces in 2022. “The Bank is definitely looking at improved profitability in 2022 despite the realization that it will be another...
