Category: Business
Fitch: Infra graft probe may hurt local banks’ loan quality
MANILA, Philippines – The deepening probe into anomalous flood control projects could hurt the asset quality of Philippine banks, Fitch Ratings warned, as delays in public works could squeeze the cash flows of contractors and undermine their ability to pay loans. Tamma Febrian, director of the financial institutions team at Fitch, said banks with higher
BIZ BUZZ: What trillions?
“Trillion” has been quite the buzzword lately, especially with budget deliberations and economic data coming up. But if you’re a close follower of capital market updates, or if you just happened to stumble upon social media posts lately, you’d know that there’s yet another hot topic. READ: BIZ BUZZ: Panglao Hole symposium? Over the last
GM announces $1.6 billion EV impact ahead of quarterly earnings release
GM announces $1.6 billion EV impact ahead of quarterly earnings release
Oracle to deploy 50,000 AI chips from AMD
Oracle Cloud Infrastructure has announced its plan to deploy a whopping 50, 000 advanced graphics processors from Advanced Micro Devices (AMD).
維新幹部、自民・立民と協議 国会運営や首相指名対応で
維新幹部、自民・立民と協議 国会運営や首相指名対応で
石破首相、ミャクミャクに別れ 「万博成功に大きな役割」
石破首相、ミャクミャクに別れ 「万博成功に大きな役割」