Lisa LaFlamme, CTV News, and Bad Executive Decisions
Previous CTV national anchor Lisa LaFlamme There will be no bittersweet on-air goodbye for (now former) CTV countrywide news anchor Lisa LaFlamme, no ceremonial passing of the baton to the…
Security Bank profit up 14% despite larger bad loan buffer
Security Bank Corp. remained profitable through the first semester, despite the unfolding health crisis and significantly higher provisioning for potential business losses. Security Bank said in a stock exchange filing…
No bad time to be a Good Guy
The plan was set. After spending years working in an industry that was unrelated to his training, Rence Urian decided it was time to go home to his passion. Rence…
For areas to go back to ECQ is not wise, bad for business — Palace adviser
MANILA, Philippines — It is not wise to place some areas in the country under a strict enhanced community quarantine (ECQ) as it would shut down businesses that already took…
BSP: Pandemic to cause loan defaults, but not as bad as 1997 crisis
Soured loans in the local financial system will rise over the near term due to the coronavirus pandemic-induced recession, but the country’s top banking regulator said the expected increase in…
BSP: Proposed FIST law to buttress PH banks even if bad loans double
The central bank will provide the local banking system with the support it needs to insulate itself from a buildup of bad loans that may result from the ongoing coronavirus…
PSBank profit down 5.1% as it prepares for rise in bad loans
The Metrobank group’s thrift bank arm, Philippine Savings Bank (PSBank), saw a 5.1-percent year-on-year drop in first quarter net profit amounting to P646.2 million as it set aside a bigger…
Oxford Economics: COVID-19 bad for all, awful for some
The global spread of the COVID-19 disease would inflict economic and social difficulties to emerging markets like the Philippines, to be made worse by prevalent limitations in health care systems…