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SM commits to climate-related disclosures

SM Investments Corporation, the holding company of the Sy family, has committed to support of the Task Force on Climate-related Financial Disclosures (TCFD) in a strong bid to ensure its businesses meet global sustainability targets. This was announced by SMIC during a Virtual Roundtable Discussion

PH banks profitability to be tested in the next 12 months – Manila Bulletin

Credit watcher Fitch Ratings said Philippine banks will face issues and threats to their profitability in the next 12 months with the rise in COVID-19 cases, the ensuing lockdowns, and its sensitivity to sovereign ratings pressure, which has turned “negative” from “stable”. 27261 “We expect the

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