Gross borrowings fall 28% as of end-April
GROSS BORROWINGS dropped by 28% as of end-April, as the National Government saw lower financing requirements despite the prolonged pandemic.
Philippine history circles back with continuity president
FERDINAND “BONGBONG” R. MARCOS, JR., 64, won the Philippine presidency by a landslide based on a message of unity and not much anything else.
Megaworld hikes capex to P50B
MEGAWORLD Corp. is hiking its capital expenditure (capex) budget this year to P50 billion as it begins accelerating the development of its projects amid eased restrictions and the reopening of the economy, the property developer said during the weekend.
Petrochemical firms seen at risk without import duties
THE local petrochemicals industry is seen to struggle after the government’s decision not to impose safeguard duties on the importation of linear low-density polyethylene (LLDPE) pellets and granules.
Scottie Thompson named PBA Most Valuable Player
THE do-it-all-guard largely considered as the “new face of Barangay Ginebra” is also the top dog of the entire league.
Bigger DA budget seen needed prior to RCEP market opening
SENATORS who will serve in the next Congress said agriculture budgets must be enlarged to make farmers more competitive in preparation for the market opening contemplated under the proposed Regional Comprehensive Economic Partnership (RCEP).
T-bills, bonds may fetch higher rates with inflation seen surging
GOVERNMENT SECURITIES to be auctioned off this week could fetch higher yields as investors want higher returns, with inflation seen to have surged last month.
A new day for Hyundai
By Kap Maceda Aguila
“EXACTLY ONE MONTH and two weeks ago,” Lee Dong Wook recalled with a smile after he was asked when he was tapped to head Hyundai’s passenger car business in the Philippines. “You have to move to the Philippines,” he remembers being told.
‘No luck this time, just hard work’
PARIS — Iga Świątek said she felt lucky when she won her first French Open title in 2020, but the world number one credits hard work for her second Grand Slam title on the Parisian clay.
Analysts see potential drags to upcoming initial public offerings
INVESTOR appetite for upcoming initial public offerings (IPOs) is seen by some analysts to be weaker than before amid uncertainties, including those that come with the transition to a new administration.
Greenbelt gets even more fashionable
SOME of the world’s most expensive brands can be found at the Greenbelt complex in Makati’s Ayala Center. Judging from plans laid out by the Ayala Malls’ top executives on May 26, the complex is about to get more fashionable.
Permit, accreditation rules issued for rabbit importers
THE Department of Agriculture (DA) said it issued rules for importing rabbits which are designed to minimize the spread of animal diseases cross borders.