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African Rainbow Capital Investments (ARC), founded by Patrice Motsepe, on Friday provided a performance overview of its investments in the ARC Fund, its investment vehicle, which holds stakes including Rain and TymeBank, for the first quarter of 2021, which were on track despite Covid-19 disruption.
Published March 8, 2021, 4:55 PM
Robinsons Bank Corporation, a member of the Gokongwei group of companies, has received a PRS Aa (corp.) issuer credit rating in relation to its outstanding Fixed-Rate bond issue of P5.0 billion due in November 2021.
Philippine Rating Services Corporation (PhilRatings) said it has also assigned an issue credit rating of PRS Aa for the bank’s outstanding P5.0 billion bonds due on August 13, 2021.
The ratings firm said an issuer credit rating of PRS Aa (corp.) differs from the highest rated corporates only to a small degree and has a strong capacity to meet its financial commitments relative to that of other Philippine corporates.
Published February 1, 2021, 8:00 AM
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an exponent of Philippine progress.
Michelle Tiu Lim: An heiress leads Mega Global journey
By Bernie Cahiles-Magkilat
Michelle Tiu Lim was raised by a strong mother, who gave her the strength to lead the country’s largest sardines manufacturing firm Mega Global Corporation.
“I can say that being a woman did not hinder me from taking on the challenging role of the COO,” said Michelle.