UCPB OIC named | Inquirer Business
UCPB OIC Liduvino Geron A career official at state-owned Land Bank of the Philippines has been appointed officer-in-charge (OIC) of United Coconut Planters Bank. Veteran banker Liduvino Geron assumed the…
BDO raises P36B from new bond float
BDO president Nestor Tan The country’s largest lender, BDO Unibank, has raised P36 billion from another large local bond offering that was warmly received by the cash-awash local financial market.…
Group renews call for stricter inspection of agri products amid new swine flu
Inquirer file photo MANILA, Philippines–An umbrella organization for agricultural stakeholders renewed its call on the Department of Agriculture (DA) to implement the First Border Policy as a new strain of…
Asian shares advance following upbeat US jobs report
Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. A man walks past an electronic stock board showing Japan’s Nikkei 225 index at…
Paymaya rolls out LGU digitization program
Digital financial service firm PayMaya has rolled out a new program to help local government units (LGUs) build cashless ecosystems and better reach their constituents especially at this time of…
Stocks rise on jobs data, S&P 500 ends week with solid gain
NEW YORK — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by…
Ayala to draw $60M more from lucrative climate bond offer
Ayala Corp. unit AC Energy Inc. has launched through private placement a $60-million tap on its five-year senior green bonds due 2024. The Hongkong and Shanghai Banking Corp. Ltd. was…
SEC plans to ease low-risk investor rules
Citing the need to democratize investing and achieve financial inclusion in the Philippines, the Securities and Exchange Commission (SEC) plans to simplify the onboarding of Filipino investors classified as “low-risk”…
Index gains 2.49%, breaches 6,300 level
The local stock barometer yesterday surged to the 6,300 level as promising results of coronavirus (COVID-19) vaccine trials in the US cheered lockdown-weary investors. The main-share Philippine Stock Exchange index…
Import and die | Inquirer Business
Unrestricted poultry imports at a time of oversupply and depressed prices may mean the death of the industry. This unabated import flow must be addressed with a calibrated strategy. Consider…