Monday, August 7, 2023

Japan rating firm 'positive' on PH

 

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August 8, 2023

 

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Japan rating firm turns 'positive' on PH 


The Marcos administration is "firmly on track" to earn a "A"-level credit rating by 2028, Finance Secretary Benjamin Diokno said, as the Japan-based rater Rating and Investment Information Inc. (R&I) affirmed the Philippines' investment-grade credit rating of "BBB+" and revised the outlook to "positive."


By Ronnel W. Domingo

 

Shopping malls back as SM Prime's cash cow


Sy family-led property giant SM Prime Holdings Inc. sees sustained growth for the rest of 2023 after first semester profits surged 38 percent to P19.4 billion. "We are optimistic about the company's full-year 2023 results given the improving market conditions," SM Prime president Jeffrey Lim said in a statement on Monday. 


By Miguel R. Camus

 

PH employees' work outlook


The results of the 2023 Hopes and Fears Global Workforce Survey conducted by PwC, a multinational professional services company, on some 54,000 workers in 46 countries, including the Philippines, had shown interesting information about the work attitude and disposition of Filipino employees.


By Raul J. Palabrica

 

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BIZ BUZZ

Injap eyeing Nasdaq route​ 


Last January, Biz Buzz revealed that billionaire Edgar "Injap" Sia II planned to take on AirBnb on the global stage with his own vision for Hotel101 which, if things go according to plan, will eventually have over 100 locations around the world.


By Daxim L. Lucas

 

INQUIRER PLUS-EXCLUSIVE

Asean adoption of EV ecosystem backed


An alliance of electric vehicle associations from countries under the Association of Southeast Asian Nations (Asean) has expressed support to the 10-member bloc's plan to develop the region's electric vehicle (EV) ecosystem, vowing support the adoption of these more environment-friendly vehicles. 


By Alden M. Monzon


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