Cyber risks may affect banks’ credit ratings — S&P
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REUTERS LENDERS across the region should be vigilant against rising digital risks as potential profit losses, poor risk management, and reputational damage…
PSALM appoints former AboitizPower official as new president
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STATE-LED Power Sector Assets and Liabilities Management Corp. (PSALM) announced on Wednesday that its board elected Dennis Edward A. Dela Serna as…
Dining In/Out (09/29/22)
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1 of 4 ‘L’or Noir’ at Sheraton Manila Bay SHERATON Manila Bay paints the town black and gold as its newest concept…
TDF yields rise as BSP, Fed further hike rates
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BW FILE PHOTO YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits climbed further on Wednesday following continuous rate hikes locally…
TDCX Philippines opens a new site in Iloilo
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INFORMATION technology and business process outsourcing (IT-BPO) firm TDCX has recently opened a new site in Pavia, Iloilo as part of its…
API-first approach expected to boost PHL financial institutions
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ADOPTING modern technologies with an application programming interface (API) would benefit both Philippine banks and financial technology (fintech) firms as these will…
Affordability, reliability play key role in smartphone success in the Philippines
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AFFORDABILITY and reliability play a major role in achieving success in the Philippines’ mobile smartphone market, a study by e-commerce company iPrice…
McDonald’s hikes prices in Japan on higher input costs, weaker yen
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TOKYO — Japan’s McDonald’s fast-food restaurants will raise prices on about 60% of its offerings to customers, fueled by rising input costs…
Gov’t rejects all bids in T-bond auction
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BW FILE PHOTO THE GOVERNMENT rejected all bids for reissued 20-year Treasury bonds (T-bonds) it offered on Wednesday as the market demanded…
Lalamove, Unioil team up to address impact of fuel prices on delivery drivers
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DELIVERY platform Lalamove said it has partnered with Unioil Philippines to help delivery drivers deal with the rising fuel prices. “More than…