Asia United Bank targets to grow assets under management by 20%
ASIA UNITED Bank Corp. (AUB) is looking to grow its trust business’ assets under management (AUM) by 20% to P32 billion amid improving investor confidence due to better economic prospects, it said in a statement on Wednesday.
Malixi shares third place at Aussie Master of Amateurs
DEFENDING CHAMPION Rianne Malixi started hot but limped at the finish to settle for an even 73 in the third round of the Australian...
Palay farmgate price falls 0.5%
THE average farmgate price of palay, or unmilled rice, fell 0.5% week on week to P18.86 per kilogram in the third week of June, with the year-on-year increase at 5.7%, the Philippine Statistics Authority (PSA) said.
BSP could still cut rates next week, Recto says
THE BANGKO SENTRAL ng Pilipinas (BSP) may still cut benchmark interest rates at its policy meeting next week, Finance Secretary Ralph G. Recto said...
Ownership caps intact in some sectors
THE proposed new constitution will keep restrictions on foreign ownership of companies, land and public utilities, but ease limits in media and advertising, according to a draft of the charter released on Monday.
Uy seeks to advance $600-M air traffic control proposal
COMCLARK Network and Technology Corp. is hoping to secure the original proponent status (OPS) next week for its $600-million unsolicited proposal to manage the...
Dollar slides as Federal Reserve pause eyed in busy week for central banks all...
LONDON — The dollar edged lower on Monday as traders stayed on guard ahead of policy decisions this week from several central banks —...
UST captures fifth straight UAAP general championship
UNIVERSITY of Santo Tomas (UST) continued to be the bastion of overall collegiate excellence even under a compressed format after claiming the University Athletic Association of the Philippines (UAAP) general championship once again amid the pandemic.
Mitsubishi’s GenSan dealership turns 50
LAST SEPT. 15, Mindanao Integrated Commercial Enterprises, Inc. (MICEI), Mitsubishi Motors Philippines Corp.’s (MMPC) authorized dealership in General Santos City, South Cotobato, turned 50. In a release, MMPC said that the dealership’s “longevity in the highly competitive automotive industry reflects the resiliency of the organization and its progressive business approach that allows them to quickly adapt to the ever-evolving demand of the market.”
BSP: Alternative data in credit scoring to improve access to financial services
THE USE of alternative data in assessing borrowers’ capacity to pay their debt could help unbanked and underserved Filipinos gain access to financial services, the Bangko Sentral ng Pilipinas (BSP) said.
Disney to stream a new Star Wars holiday special with Legos
LOS ANGELES — A new Star Wars holiday special produced with Legos will debut on Walt Disney Co.’s Disney+ streaming service in November, the company said on Thursday.
PAL eyes deal with strategic investor within 1st half
PHILIPPINE Airlines, Inc. (PAL) looks to complete a deal with a strategic investor within the first half of the year, which could help boost its operations as the flag carrier adds new routes to both Asian and North American destinations.