Aussie home store Anko opens in the Philippines
Nov 11, 2024 · During BusinessWorld’s visit during the Nov. 7 opening, we saw home goods, electronics, pet products, toys, furniture, and even makeup and skincare products.. Anko also unveiled an exclusive Christmas bag designed by Filipino artist Jamie Bauza during the opening. The festive bag, featuring a unique blend of Anko’s signature style and Filipino artistry, showcases its dedication to bringing ...
PHL, Korea to study Bataan Nuclear Power Plant revival
Oct 8, 2024 · By Kyle Aristophere T. Atienza, Reporter. THE PHILIPPINES and South Korea on Monday signed six agreements, including one that calls for a feasibility study on the rehabilitation of the mothballed Bataan Nuclear Power Plant (BNPP), as they upgraded bilateral ties to a strategic partnership.
AI in Philippine banking: Embracing innovation amid challenges
Dec 8, 2024 · The banking sector is adapting to a landscape sculpted by the six major trends: emerging technologies, ecosystem models, sustainability, digital assets, talent acquisition, and regulatory adjustments, Ernst & Young said in their report noting that these factors are driving the industry to move beyond traditional boundaries, impacting not only consumer banking but also transforming investment ...
SM Prime’s 2025 capex may reach P110B — president
Nov 4, 2024 · SM PRIME recently opened SM City J Mall in Mandaue, Cebu, the company’s 87th mall in the country. — BW FILE PHOTO THE Sy family’s SM Prime Holdings, Inc. may have a capital expenditure (capex) budget of up to P110 billion for 2025 as the company plans to open five new malls, the company’s ...
Top 1000 Corporations in the Philippines - BusinessWorld Online
Sep 4, 2023 · Part of what makes Top 1000 a reliable source that the Philippine business community awaits each year is the rigorous and thorough methodology the publication utilizes in every issue.. The financial data used in the magazine, both for the parent companies and conglomerates, are gathered from stock corporations’ audited financial statements (AFS) that were submitted to the Securities and ...
Sealing the deal - BusinessWorld Online
Dec 2, 2024 · BYD Cars PHL marks brand’s 30 th anniversary, launches Seal 5 DM-i PHEV. By Dylan Afuang . LAST NOVEMBER was momentous for China-headquartered automaker BYD and its local distributor BYD Cars Philippines — the latter led by the Ayala conglomerate’s ACMobility subsidiary, which assumed the distribution rights to the brand in 2023.
Gov’t initiatives seen to boost Islamic finance
2 days ago · THE PHILIPPINE Islamic fi nance sector is expected to expand further on the back of government and regulatory support and growing demand for related products, Fitch Ratings said. “Government initiatives to develop the Islamic finance industry in the Philippines are likely to support the sector’s growth in the medium to long term,” the debt watcher said in a commentary.
Analysts: Philippine banks to sustain profits in Q4
Nov 20, 2024 · “For the fourth quarter, BSP rate cuts may pressure margins, but this could be offset by lower funding costs and improved loan demand, especially from corporates and small businesses,” Luis A. Limlingan, head of sales at Regina Capital Development Corp., said in a …
the role of policy mix - BusinessWorld Online
Mar 1, 2024 · THE Philippine economy has witnessed a robust performance over the past few years. However, such a performance was accompanied by high inflation, which became the main issue of concern. Despite some moderation from its peak of 8.7% in January 2023, headline inflation was 6% for the full year of 2023 while core inflation recorded a […]
AI adoption may slow office space demand — Cushman & Wakefield
Nov 5, 2024 · THE adoption of artificial intelligence (AI) among businesses, especially in the information technology-business process outsourcing (IT-BPO) industry, may slow the growth in demand for office spaces, according to real estate services firm Cushman & Wakefield. “The increasing use of AI advancements, especially in the IT-BPM industry, could potentially limit the demand growth for office ...