assets

RCBC sustainability bond offer musters $350 million

Rizal Commercial Banking Corp. (RCBC) has secured $350 million in fresh funds through a sustainability…

Rules on sale of ‘small’ state assets out soon

The Department of Finance (DOF) will soon release privatization guidelines that will allow retail buyers…

Los Angeles money managers grapple with wildfire fallout

Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with…

BIZ BUZZ: Lockers for VVIP stash

Union Bank of the Philippines, whose roster of ultra-wealthy clientele scaled up with the integration…

Atram finalizes Metrobank fund management takeover

A consortium led by the ATR Asset Management (Atram) Group has finalized its takeover of…

Del Monte H1 losses ballooned to $53.6M

Losses at Campos-led canned food maker Del Monte Pacific Ltd. ballooned by 160 percent in…

Globe Telecom secures P3-billion credit from BPI

Globe Telecom Inc. borrowed P3 billion from another Ayala-led company, Bank of the Philippine Islands…

Gains from old, new assets boost AREIT earnings

With its properties nearing full occupancy and new acquisitions also making money, the real estate…

Regulators seize control of cash-strapped EQWORLD

The Securities and Exchange Commission (SEC) has ordered the market regulation arm of the Philippine…

LG selling “smart factory” to the world

SEOUL, SOUTH KOREA — For nearly seven decades, industrial powerhouse LG has been manufacturing a…