Yields on central bank’s term deposits go down
BW FILE PHOTOTERM DEPOSIT yields inched down on Wednesday on strong demand following the cut in banks’ reserve requirement ratios (RRR) and as markets remain cautious ahead of the US presidential election next week.The Bangko Sentral ng Pilipinas’ (BSP) term
Alternergy to increase Tanay wind farm’s capacity to 128 MW
ALTERNERGY Tanay Wind Corp. (ATWC), a unit of Alternergy Holdings Corp., has received approval from the Energy department to increase the capacity of the Tanay Wind Power Project in Rizal. ATWC will be able to increase the wind power project’s capacity
AI accent tech to improve BPO service delivery
By Aubrey Rose A. Inosante, Reporter THE INFORMATION technology and business process management (IT-BPM) industry can provide improved customer service through the use of artificial intelligence (AI) technology that neutralizes accents, experts said. “I think it’s going to be an advantage to
Metrobank’s FMIC to sell shares in asset management arm to ATRAM
FIRST METRO Investment Corp. (FMIC), the investment banking arm of Metropolitan Bank & Trust Co. (Metrobank), will sell its shares in First Metro Asset Management, Inc. (FAMI) to the ATR Asset Management Group (ATRAM Group).FMIC’s board of directors on Oct.
Higher enrollment lifts STI Education net income by 84%
STI EDUCATION Systems Holdings, Inc. saw an 84% increase in its full-year net income for the fiscal year 2024 ended June, rising to P1.61 billion from P873.83 million the previous year. Gross revenue went up by 38% to P4.7 billion from