BPI FACEBOOK PAGEBANK of the Philippine Islands (BPI) is looking to raise at least P5 billion from its offer of 1.5-year peso-denominated sustainable bonds, it said on Thursday.“The net proceeds of the offer will be used for the financing or refinancing of new or existing
1 of 8Hitsujibungaku set for Marikina concertON July 6, the Japanese band Hitsujibungaku will perform live at Eastside Events Place in Marikina City. Tickets, now running low, are available for a promo price of P2,500 only until 11 p.m. the night before the concert. Meanwhile,
LIVING in Moscow in the 1990s, I recall watching an after-dinner skit that a Russian acquaintance would perform. Standing next to a big pink wall map of the recently departed Soviet empire, she’d tap on Russia’s new neighbor states with a stick and then bark
PHILIPPINE STAR/KRIZ JOHN ROSALES By Chloe Mari A. HufanaLABOR GROUPS continued to push for a legislated wage hike following an order granting a P35 raise in the National Capital Region (NCR) minimum wage, arguing that a uniform national increase is needed to support workers across
LUCIO L. Co-led Cosco Capital, Inc. announced on Thursday the planned acquisition of Matuno River Development Corp. (MRDC), expanding its presence in the renewable energy sector.In a disclosure to the stock exchange, Cosco Capital said it intends to acquire 9.18 million shares of MRDC. The company did
BW FILE PHOTOPHILIPPINE BANKS’ nonperforming loans (NPL) may have already peaked amid an improving operating environment and expectations of benchmark interest rate cuts in the near term, Fitch Ratings said on Thursday.“We believe that NPLs have already peaked in the Philippines. We’re actually forecasting for
Paris (DNA) – With the French National Assembly elections looming and the threat of a far-right victory, a new report from global governance researchers sheds light on the underlying issues that have led to this pivotal moment in French politics.The snap elections, called by President
Jessops, the iconic 89-year-old camera retailer owned by Dragons’ Den star Peter Jones, is on the brink of closure after HM Revenue & Customs (HMRC) issued a winding-up petition due to unpaid taxes. This development marks a critical juncture for the struggling retailer, which has entered
WIKIMEDIA/PATRICKROQUE01FARMERS on Thursday asked the Supreme Court (SC) to issue a temporary restraining order (TRO) freezing an executive order (EO) issued by President Ferdinand R. Marcos, Jr. that had reduced the tariff on rice imports to 15% from 35%.The signatories to the TRO petition, Samahang
PHILSTAR FILE PHOTOPHILIPPINE rice imports are expected to hit 3.8 million metric tons (MMT) amid increasing consumption, according to the Food and Agriculture Organization (FAO).In a report, the FAO said that next year’s projection is 8.5% higher than the 3.5 MMT estimate for 2024.The United
THE Philippine Economic Zone Authority (PEZA) said that its board approved a pharmaceutical economic zone in Victoria, Tarlac, which is currently awaiting Presidential proclamation.PEZA Director General Tereso O. Panga identified the project as the 29.57-hectare Victoria Industrial Park, Inc.“It is worth mentioning that the Food
THE PHILIPPINES took the top position alongside Indonesia in a ranking of debt transparency compiled by the Institute of International Finance (IIF).In its 50-country Investor Relations and Debt Transparency Report, the IIF said the Philippines and Indonesia posted scores of 12.5 out of 13, topping