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Soho House, the exclusive members’ club chain that has become synonymous with celebrity culture and creative-class networking, is to return to private ownership in a $2.7bn (£2bn) deal, just four years after its high-profile listing on the New York Stock Exchange. The move comes after a
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BW FILE PHOTOTHE GOVERNMENT sold P507.16 billion worth of retail Treasury bonds (RTB), exceeding the target as investors sought better yields.National Treasurer Sharon P. Almanza told reporters on Monday that the RTB demand was driven by “very good fundamentals” and expectations that rates will continue
Crowds flock to the Manila Esplanade along the Pasig River. — PHILIPPINE STAR/JOHN RYAN BALDEMORFINANCE Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt accumulation, as outstanding debt is projected to hit P24.7 trillion by
A LINEMAN checks the wires on top of utility poles in Marikina City, July 17. — PHILIPPINE STAR/MIGUEL DE GUZMAN SMALL ELECTRICITY end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking to lower the
ICTSITHE PHILIPPINES’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit BMI said. “We now expect the Philippines’ external position to deteriorate as trade fragmentation and its knock-on effects on global demand will weigh
PHILSTAR FILE PHOTOTELECOMMUNICATIONS (telcos) companies PLDT Inc. and Converge ICT Solutions, Inc. said they are willing to offer input on the implementing rules and regulations (IRR) of the Konektadong Pinoy bill, in the event it lapses into law, as a way to address industry concerns.“There
BW FILE PHOTOTHE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates dropped across all tenors on robust demand and expectations of further monetary easing by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.The
1 of 2FOR Filipino-Ghanaian artist and producer Jewel Owusu, exploring genres and staying true to her identity as a musician has helped her stay motivated. Her latest single, “Spark,” delves into what happens when one tries to break out of stagnation.“I feel like a lot
DICT SECRETARY Henry Rhoel R. Aguda — PNA/AVITO C. DALANTHE Department of Information and Communications Technology (DICT) plans to extend the validity of independent tower companies’ (ITCs) licenses beyond the current five-year period to align with the expected life of their assets.“The problem with their