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Arthaland plans to issue P6 billion in green bonds

ARTHALAND CORP. said its board of directors has approved its plan to issue P6-billion ASEAN green bonds, or bonds that will finance green projects.

PSE approves delisting of Traveller’s International

TRAVELLER’S International Hotel Group, Inc. (TIHGI) has secured approval from the Philippine Stock Exchange, Inc. (PSE) to delist its shares from the stock market.

Bank of Korea likely to cut key rates this week

SEOUL — South Korea’s central bank will likely cut its policy interest rate this week to support slowing economic growth and weak price pressures, a Reuters poll showed.

Robinsons Bank, Multisys ink risk management deal

ROBINSONS BANK Corp. expects better data security as it tapped software solutions firm Multisys Technologies Corp. to automate the bank’s risk management system.

China grooms celebrities to help spread patriotism

FOR LINDA LI, supporting her favorite boy band entails more than just buying music and attending concerts: She’s also regularly posting nationalist pro-China slogans on social media.

Orama Minimal Frames enters PHL market

GREEK company Orama Minimal Frames has entered the Philippines, as it seeks to address the “huge, untapped market” for minimalist windows and frames.

Martin Scorsese says he wanted to ‘enrich’ past Robert De Niro...

LONDON — Martin Scorsese reunites with Robert De Niro in The Irishman, a 3-1/2 hour long mob drama the acclaimed director said he chose to do with his frequent collaborator to build on their past work together rather than replicate it.

House leadership counts 18 measures passed on third reading

THE HOUSE majority leader said the chamber has passed 18 measures on third reading since the start of the 18-Congress, including the 2020 Budget, key tax bills, and amendments to the Foreign Investment Act of 1991.

Agricultural trade deficit narrows to $1.62 billion

THE TRADE DEFICIT in agricultural commodities narrowed in the second quarter to $1.62 billion, driven by increased exports and a decline in imports, the Philippine Statistics Authority (PSA) said.

Why President Duterte is ‘popular’

Baffling to many Filipinos is that despite his lack of decorum, dignity, and statesmanship, President Rodrigo Duterte remains popular. They ask why the majority of the Filipinos, including those who did not vote for him, are not bothered when his “canto boy” demeanor, vulgar language, and plebeian sartorial style are way below the dignity of the President, whose official residence is called a palace.

HELP! Metro Manila needs a traffic czar now!

It has been three years now since President Duterte promised to solve Metro Manila’s traffic problem. So far, traffic has gone from bad to worse.

Conquering challenges and delivering at ‘ONE: Century’

TOKYO -- If staging a never-been-done-before offering of two full shows in one day was not challenging enough, ONE Championship’s 100th live show “Century” on Oct. 13 faced the possibility of being washed out altogether with a super-typhoon hitting Japan less than 24 hours before the event itself as an added hurdle.

Azkals resume joint World Cup, Asian Cup qualifying bid in home...

THE Philippine men’s national football team resumes its second-round joint qualification bid for FIFA World Cup 2022 and Asian Cup 2023 today in a Group A match set at the Panaad Park and Football Stadium in Bacolod City.

Biomass dev’t pushed to foreign investors

THE DEPARTMENT of Energy (DoE) has opened biomass energy development to full foreign ownership to encourage growth of the sector that has lured only a few investors even after the feed-in tariff (FiT) scheme gave them a fixed, subsidized rate for their power output.

House backs relaxation of bank secrecy

LIFTING of bank secrecy restrictions, as pushed by the Finance department and the central bank, will find ready support anew in the House of Representatives, the chairman of the chamber’s Ways and Means committee said in a mobile phone message last weekend.

DTI looking to expand output of ‘hit’ overseas products like ube

THE Department of Trade and Industry (DTI) said it hopes to expand production of foods that are in demand overseas, to take advantage of fads for products like ube, or purple yam.

PSE plans another share buyback

THE PHILIPPINE Stock Exchange, Inc. (PSE) is planning to launch another share buyback before the year ends in line with reducing broker ownership in the local bourse to 20%.

Manila FAME 2019 pays homage to heritage

CHANDELIERS, wallcoverings, doors, and mirrors adorned with laminated capiz shells (windowpane oyster) are among Shell Arts Co. Inc.’s houseware pieces that have been showcased since Manila FAME began in 1983.

Meat industry sees holiday ham shortage in Mindanao, Visayas due to...

THE PHILIPPINE Association of Meat Processors, Inc. (PAMPI) said it forecasts a shortage of ham in the Visayas and Mindanao due to local bans on pork products from Luzon, where the African Swine Fever (ASF) outbreak is centered.

Chevrolet launches new Colorado Trail Boss

THE COVENANT Car Company, Inc. (TCCCI), the exclusive importer and distributor of Chevrolet automobiles and parts in the country, introduces a new icon of toughness to further strengthen its already powerful selection of pickup trucks -- the new Chevrolet Colorado Trail Boss.

Cebu Pacific to launch Clark-Guangzhou flights

BUDGET CARRIER Cebu Pacific said it is set to launch in November direct flights between Clark in Pampanga and Guangzhou, China amid increasing demand for leisure and business travel.

Normann Copenhagen’s cheerful Danish design arrives in the Philippines

DANISH furniture company Normann Copenhagen has opened its first franchise store and its Asian flagship store in Bonifacio Global City in Taguig in recognition of the growth it has experienced in the region.

Triumph bikes, Shelby added to Autohub range

THE PERFORMANCE brand founded by the late great American automotive designer, racer, and entrepreneur Carroll Shelby; and the iconic British motorcycle maker Triumph -- are seemingly disparate entities that now have something in common. They both have found a Philippine partner in the Autohub Group.

Yields on government debt end flat ahead of RRR cuts

YIELDS ON government securities (GS) ended flat last week on expectations of another cut on banks’ reserve requirement ratios (RRR) and as inflation slows further.

Peso may climb further on US-China trade talks

THE PESO may climb further on corporate flows and amid continued optimism regarding the trade talks between the United States and China.

DTI’s worst case for CITIRA job losses is 900,000

A TRADE official said his worst-case scenario for job losses resulting from incentive rationalization is 900,000, assuming a 100% pullout of manufacturing locators from economic zones.

TUCP calls on DoLE for more safety nets if CITIRA legislation...

A MAJOR UNION said Sunday that the Department of Labor and Employment (DoLE) needs to be ready with measures to deal with job losses resulting from the passage of legislation that will become the Corporate Income Tax and Incentives Rationalization Act (CITIRA) if signed.

Guevarra orders close monitoring of BuCor reforms

JUSTICE SECRETARY Menardo I. Guevarra has directed the department’s interim oversight committee to “closely monitor” reforms being implemented at the Bureau of Corrections (BuCor).

Illegal drug campaign, cleansing tasks for new NCR police chief

METRO MANILA’S new police chief, Brigadier General Debold M. Sinas, is expected to continue with the government’s controversial war against illegal drugs and the ongoing revitalized internal cleansing program, according to the new Philippine National Police (PNP) Directorial Staff chief.

Carlos Yulo makes it a double celebration for PHL gymnastics

An eventful week for Philippine gymnastics finished at another high on Saturday after Carlos Edriel Yulo bagged the country’s first-ever world artistic gymnastics gold at the 2019 World Artistic Gymnastics Championships in Stuttgart, Germany.

Ceres-Negros FC secures third straight PFL title

FOR the third straight year Ceres-Negros FC is the Philippines Football League (PFL) champion and it did it in style, coming from behind to bag the title.

Cum si, cum sa for Governance

Comme ci, comme ça,” the critical and exacting French would say for something that would not meet the superlatives of quality and aesthetics they are generally attributed with. In English, its idem sonans (sounds-like) is “cum si, cum sa,” like if someone asks you, “how are you?” you might reply, “cum si, cum sa,” meaning you are feeling not good, not bad, just average. “Cum si, cum sa” means “so-so.”

Spanish beef!

Pending final clearance from the Department of Agriculture (DA), Spanish beef will soon be available for Filipino consumers to enjoy. It will compete head to head with beef imported from the US, Australia, New Zealand, Canada, and Japan, all of whom have dominated the premium segment of the market. Spanish beef promises superior quality across its entire range of cuts and grades at more competitive prices. With more options and greater value, this development is a win for the Filipino consumer.

AMRO cuts PHL growth forecast anew

THE ASEAN+3 Macroeconomic Research Office (AMRO) has slashed its gross domestic product (GDP) growth forecast for the Philippines this year and 2020, due to “heightened uncertainties in the external environment.”

MWSS: Water firms cannot pass on SC penalties to consumers

WATER concessionaires Manila Water Co. and Maynilad Water Services, Inc. are not allowed to pass on the financial penalties imposed by the Supreme Court to its consumers, the regulator said on Friday.

Panelo blames Congress for traffic mess

AS COMPLAINTS about the difficulties of commuting in Metro Manila multiply, Presidential Spokesperson Salvador S. Panelo blamed Congress, saying emergency powers should have been given to President Rodrigo R. Duterte three years ago to avoid the transport issues faced today.

JBC submits shortlist for SC Associate Justice

THE Judicial and Bar Coucil (JBC) on Friday submitted its list of qualified nominees to replace Supreme Court (SC) Associate Justice Antonio T. Carpio who is retiring later this month.

Urban farming bill filed

A LAWMAKER has refiled a bill which seeks to convert idle lands in the metropolitan area into agricultural spots to grow crops to ensure food security.

Bill eyes health warning for products with high sodium content

TWO LAWMAKERS have filed a bill requiring a health warning for food products with high sodium content.

PLDT to conduct consent solicitation exercise

PLDT, Inc. is seeking to amend the terms of its seven-year and ten-year fixed-rate bonds to help it gain flexibility in raising its budget for capital spending.

8990 pays P27-M fine imposed by PCC

8990 Holdings, Inc. has paid the P27.11 million fine imposed by the Philippine Competition Commission (PCC) after its subsidiary Urban Deca Homes Manila Condominium Corporation was charged with abuse of dominance.

Banks need to digitize, tap fintech firms

THE BANKING INDUSTRY needs to go digital for survival and may seek the specialty offered by financial technology (fintech) firms for more efficient service delivery, according to bank and fintech executives on Thursday.

Peso strengthens further on hopes of US-China trade deal

THE PESO climbed further on Friday on the back of optimism on a trade deal between the United States and China.

AllHome marks strong stock market debut

ALLHOME Corp. met investor expectations at its market debut on Thursday, with its shares gaining 0.52% at the end of trading.