Petron raises nearly P17 billion from share offering
PETRON Corp. has completed its follow-on offering and was able to raise P16.8 billion in preferred shares, the Ang-led company announced on Tuesday.In a stock exchange disclosure, the oil company said it had sold P8.5 billion worth of Series 4D
What exactly is financial leasing? The definition, issues, and requisites
MARI HELIN-UNSPLASHUnder Republic Act No. 8556, also known as the Financing Company Act of 1998 (FCA), the term “financial leasing” refers to a mode of extending credit under which the lessor purchases or acquires, at the instance of the lessee,
Philippines still leads East and Southeast Asia in women’s representation in government
The Philippines ranks 71st among 193 United Nations (UN) member states in the 2024 Women’s Power Index by think tank Council on Foreign Relations. This index measures women’s representation in government, focusing on the numerical presence of women rather than
More Filipino adults using buy now, pay later services
SNOWING-FREEPIKTHE USE of buy now, pay later (BNPL) services among Filipinos as of July rose by 9.6 times since September 2018, with the penetration rate among the highest in Southeast Asia, financial solutions provider UnaCash said on Tuesday.“It’s quite evident
Johnson plans to bring House GOP short-term spending measure to House floor Wednesday
Speaker Mike Johnson is aiming to bring his short-term spending plan to the House floor for a vote Wednesday, despite growing signs the measure lacks GOP support needed to pass. The GOP leader previously pulled the stopgap funding coupled with