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ASIA’S dollar bond sales are set to end 2018 with a whimper after a sizzling start. Next year’s prospects may prove dimmer, bankers and investors say.
THE Federation of Philippine Industries (FPI) has called for the “immediate” construction of new power plants to ensure ample long-term supply of electricity while the government embarks on its massive infrastructure program.
THE PHILIPPINE and Japanese governments signed on Monday the supplemental loan agreement for the ongoing New Bohol Airport expansion project on Panglao Island.
Filipinos are being destabilized by all kinds of risks -- political, safety and security, economic and external. It’s not that we’re new to it but we’ve never been through all that’s happening at the same time in rising intensity, real or imagined. What am I referring to? Hang on to your seats as I run through my list.
“All politics is local,” so the saying goes. This may give the impression that only the distribution of local goods and services matter to the regular voter. However, the person this is attributed to, the late American Speaker of the House Thomas Philip “Tip” O’Neill, was animated by a larger world view -- appealing to local concerns in order to advance a national economic policy agenda.
FREDDIE Freeman hit a tiebreaking homer leading off the sixth inning after the Los Angeles Dodgers had come back from a five-run deficit, and the host Atlanta Braves stayed alive in the National League Division Series (NLDS) with a 6-5 victory in Game 3 on Sunday night.
A REGIONAL research group has slashed its growth forecast for the Philippines, noting that surging inflation and consumer pessimism will likely weigh on household spending and dampen overall expansion.
THE WORLD BANK is preparing a $300-million loan for the government designed to improve revenue and spending efficiency.
CHELSEA LOGISTICS Holdings Corp. (CLC) is allocating more than $100 million for the expansion of its fleet as it expects six passenger vessels to be delivered in the next three years.
NEW YORK -- Persistently low coffee prices for producers across the globe are a serious threat to the commodity, said the chairman of Italian premium coffee maker illycaffe SpA, who expects prices to begin taking a toll on production in coming years.
A GUEST gets overwhelmed by the perfectly folded shirts on display. It takes five minutes to decide which to buy among the six available colors of the round neck shirt. The chosen color is tossed into a shopping bag (along with five other staple pieces in neutral colors). The possibility of sharing the same outfit with everyone else is no problem thanks to its design versatility and function.
DIGITAL PAYMENTS remain pivotal in financial inclusion, industry players said, as physical and cultural issues are seen to be key barriers in serving the unbanked sector.
SOME of the finest examples of Philippine-made textile products take center stage at this year’s HABI trade fair. The three-day trade event pays tribute to the country’s traditional weavers who hail from communities supported by HABI. Their unique skills were given tremendous exposure during the previous fairs and this expertise has since become a viable source of income for them. “Woven Voyages: 8th Likhang Habi Textile Fair 2018” will take place at the Activity Area of the Glorietta Mall in Ayala Center, Makati City on Oct. 12 to 14. It is open to the public.
THE Department of Transportation (DoTr) said issues with Chinese commuter trains ordered from CRRC Dalian Co trains are delaying the signing of maintenance deal with Sumitomo Corp. and Mitsubishi Heavy Industries, Ltd. (Sumitomo-MHI) for Metro Rail Transit Line 3 (MRT-3).
THE PHILIPPINES is among the main sources of “financial stress” within the Association of Southeast Asian Nations (ASEAN), which became elevated in early 2018, although still below historical levels.
Never Again! It has been branded in the hearts of those who experienced martial law that never again should Filipinos have to bear the killings, torture, plunder and other transgressions of human rights by a dictator and his politicized military. And the younger generations must know about these, and know all in truth -- not in the revisionist telling of inveterate liars, who have benefitted from martial law, changed loyalties to succeeding democratic leaders, and are now changing coats again, back to dictator-type governance.
SEVEN Filipino athletes, led by double Asian Games gold winner Yuka Saso, begin their campaign in the 2018 Youth Olympic Games in Buenos Aires, Argentina, with hopes of improving on the country’s performance last time around and bring further sporting pride.
THE SENATE on Monday will resume its inquiry into the Department of Transportation’s (DoTr) jeepney modernization program to thresh out issues that continue to hound the project, such as the insufficient government subsidy to jeepney drivers for upgraded vehicles.
PRESIDENTIAL SPOKESPERSON Harry L. Roque, Jr. said on Friday that he is considering resigning after he was “taken aback” by the confirmation of a hospital visit by President Rodrigo R. Duterte last Wednesday, which he said he did not know about.
TWELVE companies participated in the pre-bid conference for the importation 250,000 metric tons of 25% broken well-milled long grain white rice for the National Food Authority on Friday.
THE government will pursue competitive bidding for the national ID system, with the pilot registration pushed back to next year.
CENTURY Properties Group, Inc. (CPG) has pre-sold 342 vacation homes worth P2 billion in its residential tourism estate in Nasugbu, Batangas, more than nine months after it was unveiled to the market.
ON TRACK for their first annual drop since 2015, emerging Asia’s sovereign bonds look set to call time on a two-year binge fueled by a tide of cheap money.
TWITTER, INC. announced on Thursday it is making its in-stream video advertisements available globally and has forged partnerships with local companies ABS-CBN Corp. and GMA Network, Inc.
ALSONS Consolidated Resources, Inc. said on Thursday its power group’s diesel plant in Sarangani had offered to provide ancillary services amounting to 55 megawatts (MW) to privately owned grid operator National Grid Corporation of the Philippines (NGCP) to help stabilize power supply in south-central Mindanao.
CONSIDERED one of the oldest female stand-up comedians in the world, Lynn Ruth Miller, hauls her brand of comedy over to the Philippine capital for a two-night show on Oct. 18 at the Relik Bar in Bonifacio Global City in Taguig, and Oct. 19 at the Union Jack Tavern in Makati City.
BEIJING — China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, state news agency Xinhua said on Wednesday, as a crackdown on tax evasion in the entertainment industry gathers momentum.
HIGHER LEVELS of employee engagement have been associated with superior top-line results, according to professional services and risk consulting group Aon.
BIG BANKS again failed to comply with required lending to the farming sector in June, which came at a time of robust asset growth, latest central bank data showed.