DBP to issue P5 billion in sustainability bonds for environmental, social projects
STATE-OWNED Development Bank of the Philippines (DBP) is set to issue P5 billion in sustainability bonds, marking the first tranche of its P50-billion program, proceeds of which will finance eligible environmental and social projects.
Philippine men’s football team begins SEA Games bid in Group A; volleyball in Group...
THE Philippine men’s national football team begins its 30th Southeast Asian Games campaign in Group A after the official team draw proceedings held at the Sofitel Philippine Plaza Manila on Tuesday.
Strasburg, Nationals demolish Cards, close in on NLCS sweep
WASHINGTON -- Howie Kendrick drove in three runs, and Stephen Strasburg gave the Washington Nationals yet another strong pitching performance Monday in an 8-1 National League Championship Series (NLCS) victory over the visiting St. Louis Cardinals that moved the franchise one victory away from its first World Series appearance.
NCAA: Stags secure at least playoff for last Final 4 spot
THE San Sebastian Stags assured themselves of at least a playoff for the last Final Four spot in National Collegiate Athletic Association Season 95 after defeating the Arellano Chiefs, 85-82, on Tuesday at the FilOil Flying V Centre in San Juan City.
Good construction weather seen as key to achieving 6% growth target
A SENIOR legislator said Tuesday that economic growth of 6% can still be achieved given good weather to ensure progress on key construction projects, after the World Bank reduced its 2019 estimates for Philipine gross domestic product (GDP).
Power reserves adequate on Malampaya return
THE Department of Energy (DoE) said Tuesday that the Luzon grid will have enough reserve power tomorrow as it expects the Malampaya gas-to-power project, which fuels the country’s gas-fired power plants, to complete its maintenance shutdown.
LGU bans on processed pork ‘unfounded,’ expert says
AN AGRICULTURE expert said local government units (LGUs) are misguided in imposing bans on the entry processed pork products due to African Swine Fever (ASF) fears, and added that the restrictions may ultimately force consumers to pay higher prices.
Decide VP protest case now
By Teresa S. Abesamis
There are three years left in President Duterte’s term, and to this day, the Supreme Court, acting as the Presidential Electoral Tribunal (PET), has yet to decide on the protest filed by defeated vice-presidential candidate Bongbong Marcos. Finally, after almost three years, the recount in the “pilot” areas chosen by the losing candidate’s camp has been completed; showing that in fact, in these three pilot areas (Camarines Sur, Iloilo, and Negros Occidental), Vice-President Leni Robredo has gained about 15,000 verified votes to add to her 263,473, or about 6% more.
Keeping up with the sustainability shift
By Hannah Viola
Due to the difficult challenges in water, climate, energy, and waste management that humanity is facing today, the traditional concept of corporate social responsibility (CSR) has evolved to embrace new concepts such as “Environmental Social and Governance (ESG) standards,” “People, Planet, Profit,” “Impact Investing,” and “Corporate Sustainability.” These terms continue to spread in private, public, and societal spheres to exert more pressure on companies to pursue a larger social and environmental purpose.
Liberation Day memories
By Greg B. Macabenta
Oct. 20, 2019 marks the 75th anniversary of the landing of Gen. Douglas MacArthur and the US armada at Red Beach in Palo, Leyte and the start of the liberation of the Philippines from the Japanese occupation forces. June 6 this year also marked the 75th anniversary of D-Day, the allied invasion of Normandy and the start of the liberation of Europe from Nazi Germany.
Investors turn bearish on US-China uncertainty
THE BOURSE on Tuesday failed to sustain upward momentum of the past three trading days due to the lack of fresh positive news on the Sino-US trade front which weighed on Wall Street and China’s market.
Peso weakens anew vs dollar
THE PESO weakened anew against the dollar on Tuesday following reports of China’s plan to send out delegations to the United States to fine-tune the first phase of their trade deal.