Metro Retail eyes expansion of neighborhood grocery stores
BW FILE PHOTOMETRO Retail Stores Group, Inc. (MRSGI) is aiming to expand its presence in the retail sector by transitioning some of its stores into Metro Value Mart, a small-format store.“By locating our stores in the heart of communities, we
Balance and transition in the Philippine energy sector
FREEPIKIt is tempting to say that transitioning to renewable energy must be done at the soonest possible time, for the sake of the environment. There is no argument with this lofty goal. Dirty sources of energy, for centuries, have brought
BSP to require all banks, VASPs to use digitized supervisory platform by 2025
BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BSP) will require all banks and virtual asset service providers (VASP) to use a digitized regulatory and supervisory engine starting next year.In a memorandum posted on its website, the central bank said it
Philippine Merchandise Trade Performance
THE PHILIPPINES’ trade-in-goods deficit ballooned to nearly $6 billion in October, the biggest trade gap in over two years, as exports continued to decline while imports grew at its fastest pace in six months, the Philippine Statistics Authority (PSA) reported
RCBC appoints Cariaso as deputy CEO, announces other leadership changes
RIZAL COMMERCIAL Banking Corp. (RCBC) has appointed its executive vice-president, Reginaldo Anthony B. Cariaso, as deputy chief executive officer (CEO) effective Jan. 1.The Yuchengco-led bank’s board of directors approved Mr. Cariaso’s appointment along with changes to key group leadership positions