PHL eyes up to $2.5B from dollar bonds
THE GOVERNMENT is looking to raise between $2 billion and $2.5 billion from an offering of US dollar-denominated global bonds, Finance Secretary Ralph G. Recto said in a text message on Wednesday.
Gov’t anticipates more affordable borrowings
THE GOVERNMENT is anticipating much lower borrowing costs moving forward amid further rate cuts by the Bangko Sentral ng Pilipinas (BSP) and improved credit ratings.
Budget gap shrinks in July
THE NATIONAL Government’s (NG) budget deficit sharply shrank in July as revenues posted double-digit growth, the Bureau of the Treasury (BTr) said.
Data from the...
South Luzon draws BPO firms with talent, infra — Colliers
THE OFFICE market in South Luzon is attracting business process outsourcing (BPO) firms due to the availability of local talent, infrastructure, and the advantage...
An Emperor’s Table laden with ingredients from a place of exile
THE ANNUAL visits of celebrity chef Jereme Leung (he was on MasterChef China, and is a two-time recipient of the Five Star Diamond Award...
PHL developers to see increased buyer demand as rates go down
PROPERTY DEVELOPERS in the Philippines are expected to see increased buyer demand and more affordable financing options for projects as borrowing costs decline, according...
Give my regards to Ho-land
By Juaniyo Arcellana
THE GHOST month was not even in yet when a fire struck a famous street corner in Binondo, Carvajal corner Nueva (now Yuchengco), early...
S&P upgrades Meralco’s credit rating to ‘BBB’
CREDIT WATCHER S&P Global Ratings has upgraded Manila Electric Co.’s (Meralco) credit rating to “BBB,” noting the company’s strong financial position and steady cash...
No longer just the past
By Wilfredo G. Reyes
Every time I visit Mum to check on her, I find her seated in front of a television set or her laptop, her eyes...
Mid-Autumn Festival offers
THE ASIAN Mid-Autumn Festival falls on Sept. 17, so there is still time to grab these mooncakes, a symbolic (and tasty) way of celebrating...
Water to the people is power to the people
By Marvin Tort
This Saturday, Aug. 31, is the 117th birth anniversary of the late Ramon Del Fierro Magsaysay, the 7th president of the Philippine republic. Born...
Treasury fully awards reissued 20-year bonds
THE GOVERNMENT made a full award of the 20-year Treasury bonds (T-bonds) it offered on Wednesday as rates were mostly in line with secondary...