“We continue to find new pathways for our economy to... The government also improved access to finance for Filipino... the business group recommended to establish a Technology Task Force...
Robinhood posts 44% slump in revenue, further slashes headcount by 23% ; Asialink Finance secures P1-B fund for relending to SMEs ; Homelessness explodes in Canada
This 2023, we posted significant increase in Management Association of the Philippines (MAP) membership and inducted 161 new members, a 15-percent addition that brought the number to 1,200 by year-end. Stricter guidelines for accepting new members were also implemented as adopted in the revised guidelines on nomination. Our continuing support for diversity and inclusion is evidenced by the 20-percent increase in our women membership, which now represents 25 percent of total. This year is also the first time in the history of MAP that four of th ...
Columnists | Inquirer Business ; Can indigenous technology change the way our cities are designed? ; Coping with COPD ; Harnessing the power of human capital: Building a prosperous PH future ; A challenging site for a green home ; Demand for upscale, well renowned projects on the rise ; The grandeur of Uli, the stillness of Sirom ; Dictionary of bank loans ; Lower interest rates not enough for top-performing property stocks ; Longevity and beauty in Yakisugi ; Dreaming of an alternative building...
Greg Martin joins EastWest Ageas as its Chief Distribution and Marketing Officer. The University College London alumni brings with him over 28 years of consulting and financial services experience across Asia Pacific to the fast-rising insurance company. Having worked in the Philippines in various C-suite positions over many years, Greg is ready to tackle the challenges and opportunities for the company. “EastWest Ageas is an impressive partnership business. We have a terrific bank partner in EastWest Bank, a fast-developing agency team and s ...
The government is preparing to auction off its controlling stake in United Coconut Planters Bank to allow the bank to structure its recapitalization program and chart its future growth. ; UCPB chair Menardo Jimenez confirmed that the bank had mandated Standard Chartered to look at the feasibility of privatizing government-sequestered shares in UCPB. ; Once ready for the auction, Standard Chartered will then draw up the term sheet to invite potential strategic investors. ; “We have mandated to dispose (the sequestered shares) under a bidding process. Standard Chartered is now doing the study,” Jimenez told the Inquirer on the sidelines of the annual reception for the banking community hosted by Bangko Sentral Governor Amando Tetangco Jr. Friday night.
The wealthy clients of Bank of the Philippine Islands (BPI) will not be racing next week via sports cars on paved roads or on a field in their running shoes. ; Rather, they will be cruising the waters of Subic Bay on April 3 to April 6 for the fourth installment of BPI Private Wealth’s highly competitive Signature Yacht Race Series. ; After grueling sea conditions and intense winds battered around a dozen boats in the Busuanga Cup last January, it seems that sailors will not be deterred from joining the BPI Subic Regatta. ; READ: Iconic regatta comes to Busuanga
When small and medium-sized businesses think of scaling up or expanding their businesses, it is undeniable that the challenges they encounter are quite different from large corporations. This was the topic of my recent talk during the celebration of the Cebu Business Month last May, organized by the Cebu Chamber of Commerce. It was a good opportunity for me to share some of my insights into the current state of medium-sized businesses in the country and my recommendations on essential steps and strategies that may help them scale up. ...
Executives in charge of Southeast Asian companies’ finances are beginning to turn their attention toward technology and artificial intelligence (AI) as a means to counter global difficulties that could potentially affect their businesses. Global advisory firm Deloitte found in a report that while half of the surveyed chief financial officers (CFOs) across the region were optimistic about their respective companies’ financial prospects in the next year, they still worried about external risks, such as global and national economic slowdown an ...
Wall Street's cloud journey isn't just about technology. Here's how the cloud is pushing finance firms to rethink how they do business.