Keeping a track of a company’s expenses and logging every account detail is a nightmare for the accounts department of any company. Not only is it a tiring task but it also takes up a lot of energy from the…
SM group pushes resiliency agenda in post-pandemic strategy
BUSINESSES need to include economic and societal resilience in their long-term strategy, the top official of SM Investments Corp. (SMIC) said, as he pointed to the lessons from the pandemic’s disruptions. Frederic C. DyBuncio, president and chief executive officer of…
Fabelmans, Banshees win top awards as Hollywood embraces Golden Globes
STEVEN SPIELBERG poses with his awards for Best Director in a Motion Picture and Best Picture Drama for The Fabelmans at the 80th Annual Golden Globe Awards in Beverly Hills, California, US, Jan. 10. — REUTERS/MARIO ANZUONI BEVERLY HILLS, Calif.…
Dining In/Out (01/12/23)
1 of 11 The Pen’s Old Manila returns AFTER a two-year hiatus, The Peninsula Manila’s signature restaurant, Old Manila, reopens on Jan. 17 with a new chef de cuisine, Domenico Nicolino. Tables can be booked through 8887-2888 (extension 6691 or…
Former GSIS president is new SSS chief
FORMER Government Service Insurance System (GSIS) President and General Manager Rolando L. Macasaet has been appointed as the new president and chief executive officer of Social Security System (SSS) and took office on Tuesday. Mr. Macasaet is the 20th SSS…
Net Foreign Direct Investment (Oct. 2022)
FOREIGN DIRECT INVESTMENT (FDI) inflows rose to a six-month high in October, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. Read the full story. Neil RELATED…
Data security more important as digital transformation accelerates
REUTERS DIGITAL transformation will continue to accelerate, leading to cybersecurity becoming “the cornerstone for everything” and not just a concern of security and risk management, according to Amazon Web Services (AWS). “Around the world, the public is becoming more discerning…
Citicore Energy REIT eyes green bonds
CITICORE Energy REIT Corp. (CREIT) said it is looking to issue green bonds in 2023 to fund the acquisition of AFAB Solar Rooftop System and parcels of land spanning 475.3 hectares in Batangas. In its three-year investment plan posted on…
Term deposit yields end mixed on rate, inflation expectations
BW FILE PHOTO YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) ended mixed on Wednesday as the market anticipates further rate hikes, but lower global oil prices and a stronger peso helped ease bets of large…
World Bank GDP growth forecasts for select East Asia and Pacific economies
PHILIPPINE economic growth would probably slow to 5.4% this year, from an estimated 7.2% in 2022, amid a looming global recession, the World Bank (WB) said. Read…