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By Jenniffer B. Austria
Property giant Ayala Land Inc. is reviewing its planned business process outsourcing office projects in Davao City and Baguio City amid a slowdown in demand due to the financial meltdown.
Metrobank, BNY Mellon sign remittance agreement
The Ty family-controlled Metropolitan Bank and Trust Co., the country’s second-largest bank, has signed an agreement with Bank of New York Mellon to boost the local bank’s remittance business.
Alsons’ bio-fuel project eyes IFC
Alsons Consolidated Resources Inc., a holding company owned by the Alcantara family, plans to tap International Finance Corp., the investment arm of World Bank, to partially fund its P2.3-billion bio-ethanol project in Bukidnon.
Govt borrowings up 12% to P501b in ’08
By Lawrence Agcaoili
Total government borrowings increased 12.5 percent last year as the Bureau of Treasury issued more debt papers to domestic creditors to plug the wider budget deficit.
Ayala Land’s salaries defy global downtrend
By Victor C. Agustin
THEIR overseas counterparts may be getting creamed and losing their jobs but over at Ayala Land, the top officers are looking forward to a 10-percent increase in 2009 compensation.
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