No risk of inflation target change so far, BSP chief says
THE INFLATION TARGET and forecast of the Bangko Sentral ng Pilipinas (BSP) are in no immediate risk of increasing, judging from latest world oil price movements that have so far remained within acceptable bounds, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said on Monday.
Senate presses on with Foreign Investment Act reform
THE SENATE Economic Affairs Committee is “catching up” in deliberations on proposed amendments to the decades-old Republic Act No. 7042, or the Foreign Investments Act (FIA) of 1991, the panel’s chairman said on Monday.
Film fest focuses on idea of place
FOR ITS third year, the Tingin ASEAN Film Festival focuses on the “notion of place” as it presents 10 films from the Association of Southeast Nation member countries.
Game of Thrones, Fleabag take top Emmy honors on night of upsets
MEDIEVAL DRAMA Game of Thrones and British comedy Fleabag took top honors at the Emmy awards on Sunday on a night of upsets that often rewarded newcomers over old favorites.
Key winners at the 2019 Emmy awards
LOS ANGELES — The annual Emmy awards, celebrating the best in television, were handed out at a ceremony in Los Angeles on Sunday.
Dito eyes deal with common tower firms this week
NEW telecommunications player Dito Telecommunity Corp. will soon be joining industry giants Globe Telecom, Inc. and Smart Communications, Inc. in engaging with common tower companies, saying it is scheduled to sign this week its first agreement with a provider.
ICCP Group sees growth in townships, industrial estates
THE ICCP Group is seeing continued growth in its property development business, particularly in townships and industrial estates.
SEC issues stop order vs 11 online lending apps
THE Securities and Exchange Commission (SEC) continues its crackdown against illegal lenders with the issuance of a cease and desist order (CDO) against 11 online lending applications.
BDO raises P6.5 billion in fresh funding via deposit certificates
BDO UNIBANK, Inc. has raised P6.5 billion in fresh funds via an offer of long-term negotiable certificates of deposit (LTNCD), higher than its initial P5-billion program.
Forever 21 is in talks to give landlords a stake in bankruptcy
FOREVER 21 Inc. is in discussions to give a stake in the company to its two largest landlords as part of a restructuring that would allow co-founder Do Won Chang to retain a share, according to people familiar with the matter.
Megaworld to spend P1.2B for Bacolod office towers
MEGAWORLD CORP. is spending P1.2 billion to develop two office towers in its Bacolod township as it continues to expand its leasable portfolio.
Security Bank issues P6.06-billion LTNCDs
SECURITY BANK Corp. has raised P6.06 billion via long-term negotiable certificates of deposit (LTNCD), with the proceeds meant to diversify its funding sources and support expansion plans.