CREDIT RATINGS of Asia-Pacific banks are seen to remain stable until next year, S&P Global Ratings said, in line with its steady outlook for most sovereigns in the region. “Most sovereign ratings across Asia-Pacific are on a stable outlook, which, in

PHILIPPINE STAR/MICHAEL VARCASTHE Cagayan II Electric Cooperative, Inc. (Cagelco II) said the outstanding refund balance to its member-consumers as of March was P20 million.This clarification came after Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta said in July that the

PHILIPPINE STAR /JESSE BUSTOS“Turn the tables” is an idiomatic expression that means to make something happen that is the opposite of what is supposed to happen. That was what happened in the Senate inquiry into the War on Illegal Drugs.

PHILSTAR FILE PHOTOPHILIPPINE Savings Bank (PSBank), the thrift arm of Metropolitan Bank & Trust Co. (Metrobank), saw its net income grow by 19% year on year to P4 billion in the first nine months, it said on Monday.“The bank’s solid

THE ECIP allows companies to clear their records at lower rates. — BW FILE PHOTOTHE SECURITIES and Exchange Commission (SEC) urged corporations to avail themselves of its enhanced compliance incentive plan (ECIP) before the Nov. 30 deadline to avoid higher