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Category: general

IFC mulls $10-M bet on Philippine retailer Dali

MANILA, Philippines — The International Finance Corp. is considering a $10 million investment in Dali Everyday Grocery, a rapidly expanding hard-discount retailer in the Philippines. The private-sector arm of the World Bank Group bared this in a Sept. 22 disclosure. IF said the proposed quasi-equity financing would help Dali broaden consumer access to affordable household

SSS, UnionBank launch micro loan program

MANILA, Philippines — The Social Security System (SSS) has launched SSS LoanLite. It is a micro-lending program powered by Union Bank of the Philippines.   This initiative is designed to provide accessible, secure and affordable credit to millions of SSS member. The program is intended especially to those vulnerable to predatory lending practices. “This will

PNB readies Bahrain office shutdown, dissolves 2 units

MANILA, Philippines — Philippine National Bank plans to shut down its Bahrain Representative Office and dissolve two of its units. This, as PNB gears up to find new revenue streams for growth and focuses on its other markets. In a regulatory filing on Monday, the banking arm of the Lucio Tan Group said its board

“These three Stooges always wrong”: Fever fans tear into Andraya Carter and Chiney Ogwumike after their prediction goes wrong again

The Indiana Fever defied all odds and proved the sports world wrong.

“See Shedeur Sanders missed your chance”: NFL fans grill Deion Sanders and Browns QB as Lamar Jackson suffers hamstring injury vs. Chiefs

Shedeur Sanders caught a lot of strays after Baltimore Ravens’ star quarterback Lamar Jackson suffered a hamstring injury during Sunday’s game against the Kansas City Chiefs.

Proposed changes to REIT rules coming out in October

The Securities and Exchange Commission (SEC) is set to introduce changes to a law regulating real estate investment trusts (REITs) next month. This is in hopes of attracting more investors to the growing industry and make the Philippine corporate sector “one of the best in Southeast Asia.” SEC Commissioner McJill Bryant Fernandez told the Inquirer

“At least Taylor Swift doesn’t dress him”: NFL fans react as Patrick Mahomes arrives for Week 4 game vs. Lamar Jackson’s Ravens

Patrick Mahomes’ Week 4 entrance had NFL fans on edge as the Chiefs prepare to take the field against Lamar Jackson’s Ravens.

Mason McTavish makes his feelings known about signing 6-year, $42M extension with Anaheim Ducks

Mason McTavish finally signed a six-year, $42 million contract extension with the Anaheim Ducks on Saturday. He inked the contract after missing the start of 2025 training camp.

Leila Barros fulfills loyal PH fans’ ‘childhood dreams’

MANILA, Philippines — Two decades later, many Filipino volleyball fans still consider Leila Barros as their volleyball queen. The Brazilian superstar’s loyal supporters got to meet their idol again 21 years since her last stint in Manila in the 2004 FIVB World Grand Prix. READ: Leila Barros tells PH volleyball fans: Cheer, trust your team