1 of 2JAKARTA — Norway’s wealth fund has placed an Indonesian state-owned enterprise (SOE) cement maker, in which it has a stake, under observation for three years for what it calls “risk of damage” from the firm’s activities to prehistoric cave paintings on Sulawesi island.A
THE Securities and Exchange Commission (SEC) is finalizing a regulation that will help farm-based companies raise up to P500 million to fund their agricultural projects by selling securities through a simplified registration process. The memorandum circular, which the securities regulator plans to issue initially next
A NUDE STATUE of Medusa holding the severed head of Perseus created by Luciano Garbati stands in Collect Pond Park situated directly accross from Manhattan’s Crimial Court in support of the #MeToo movement, New York, NY, Oct. 19, 2020. — REUTERSAFTER some hard-fought victories, women’s rights are threatened
MANILA ELECTRIC CO. (Meralco) expects its net income to grow significantly this year, boosted by its power generation business, its chairman said on Tuesday.“We should see a significant uptick in the profits of [the power] generation part of the business and we saw that in
1 of 4Henri Eteve holds exhibition at Aliw TheaterLARGELY self-taught, French artist Henri Eteve has woven the stories of his life into his paintings and sculptures to create a unique style that, like its maker, equates to adventure. He has created thousands of pieces in
MANILA was ranked 58th out 63 countries in Cushman and Wakefield’s Global Data Center Market Comparison report, its first time to be placed on the list as it steadily attracts interest from major players.“Manila, [a] new entrant in the survey, has been steadily attracting interests
Don Carlo - Opening Night. —WWW.TEATROALLASCALA.ORGMILAN — Milan’s La Scala theater will kick off its 2023-24 season in December with Italian composer Giuseppe Verdi’s opera Don Carlo and plans to step up efforts to burnish its green credentials.The opening night of the La Scala season
BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued 10-year Treasury bonds (T-bonds) it auctioned off on Tuesday as its average rate was below the secondary market level after US President Joseph R. Biden, Jr. and House Speaker Kevin McCarthy reached a deal
PXP Energy Corp. announces annual general stockholders' meeting on June 21 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand
MAYNILAD Water Services, Inc. has committed to replace about 477.2 kilometers of old and leaky pipes in the next five years, setting aside P10 billion for pipe replacement projects from 2023 to 2027.“When we took over Maynilad in 2007, the pipe network we inherited included
REUTERS SAQQARA, Egypt — Egypt unearthed human and animal mummification workshops as well as two tombs in the ancient burial ground of Saqqara, officials said on Saturday, marking the latest in a string of discoveries that the country hopes can help revive its vital tourism
FITCH RATINGS on Tuesday raised its outlook on local lenders to reflect the revision done for that on the sovereign, which means their ratings will likely be maintained in the next 12 to 18 months.The debt watcher revised its outlook on five rated Philippine banks