By the staff
Rumors are going around that a prominent Chinoy family—which owns one of the biggest construction companies in the country and whose company name is seen plastered across construction cranes in many skyscraper construction sites—is involved in a multimillion-peso scam, together with a Korean national and the son of a socialite-lawmaker.
Investment bank Credit Suisse has acquired P972.2 million worth of shares in SSI Group Inc. of the Tantoco family, exercising the option to take up additional shares as part of the specialty retailer’s stock market debut.
Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also become increasingly unequal, a Credit Suisse report said Tuesday.
More and more women are joining the top management of Philippine-based companies, according to the research arm of global financial services giant Credit Suisse Group.
By the staff
An emergency meeting will be convened in Malacañang—as early as Monday, we hear—to discuss the much-ballyhooed bidding for the right to build the 47-kilometer Cavite-Laguna Expressway (Calax) tollroad project using the public-private-partnership (PPP) framework.