DoubleDragon ends P10-B bond offer early
BW FILE PHOTOLISTED DoubleDragon Corp. (DD) said it ended the offer period for its P10-billion fixed-rate peso retail bond issuance two days earlier than planned due to high investor demand.The bond issuance was “more than fully subscribed” as of Nov.
CloudCFO uses AI to simplify accounting for small firms
CLOUDCFO.PHCLOUDCFO, INC., a Manila-based outsourcing firm, is integrating artificial intelligence (AI) into its accounting products to help small and medium enterprises (SMEs) gain valuable insights into their financial performance.CloudCFO Chief Executive Officer Mickael Cardoso, who has worked with several multinational
Fruitas expands portfolio with Mang Bok’s asset purchase
FRUITASHOLDINGS.COMLISTED Fruitas Holdings, Inc. is venturing into the roasted chicken segment after its subsidiary acquired the assets of Mang Bok’s brand.Fruitas subsidiary Negril Trading, Inc. became a 60% shareholder of Bigboks Enterprises, Inc., which served as the acquisition vehicle for
Analysts: Philippine banks to sustain profits in Q4
BW FILE PHOTOBy Aaron Michael C. Sy, ReporterBANKS are expected to sustaining their earnings growth in the fourth quarter as loan demand is spurred by year-end spending and after the central bank cut the reserve requirement ratio (RRR).“For the fourth
The demographic dividend of the Philippines
PHILIPPINE STAR/WALTER BOLLOZOS(Part 1)If the Philippine economy is one of the fastest growing, not only in the Indo-Pacific region but in the whole world, with a GDP averaging an annual growth rate of 6% to 7% during these hard times,