Companies, particularly banks, are urged to tap the capital market by issuing bonds as these are a stable source of funds that can be issued quickly to a large investor base and at a lower cost. The advantages of issuing bonds to raise fresh funds was raised during the seminar entitled...
BAKU, Azerbaijan – The host country of the 29th Conference of the Parties for Climate Change (COP29) is eyeing energy as well as trade bilateral cooperation with the Philippines, according to the chief foreign policy advisor of Azerbaijan President Ilham Aliyev. In an interview during an official...
The Social Security System (SSS) is diversifying its investment portfolio by ramping up its involvement in real estate investment trusts (REITs) this year. Rolando Ledesma Macasaet, SSS president and chief executive Officer, said they are optimistic about the potential for enhanced returns as...
Avia Estate (Artist's perspective) The strong economic growth in Mindanao has created excellent investment prospects in the real estate industry, especially as the Philippines recovers from the pandemic. With increasing demand for both commercial and residential buildings, developers are keen to...
The Maharlika Investment Corp. (MIC), the agency that manages the sovereignty wealth fund, said it will focus its investments on energy transmission lines across regions. MIC President and Chief Executive Officer Rafael D. Consing Jr., said that there are already many investments in generation and...
While the Energy Regulatory Commission (ERC) is partly blamed for the power supply mess in the country due to its slow action on issuance of warranted rules and approvals of power supply agreements (PSAs), it has opted to sign a memorandum of agreement (MOA) with the Board of Investments (BOI) for...
With the heat index continuing to rise in the Philippines, Filipinos have had no choice but to turn to electric fans and air conditioners to cool down. Beating the heat, however, comes with a heavy price. The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA)...
Maharlika Investment Corp. (MIC), the operator of the country's sovereign wealth fund, has partnered with the Bases Conversion and Development Authority (BCDA) to explore investment opportunities for its properties, including Clark Freeport and Special Economic Zone. BCDA President and Chief...
The Maharlika Investment Corp. (MIC) unveiled its new company logo that aims to symbolize dedication to building a prosperous future for the Philippines. Inspired by the majestic Philippine Eagle, the state-run firm governing the Maharlika Investment Fund (MIF) said the logo embodies strength and...
Six human trafficking victims have been repatriated to the Philippines after working in cryptoscam hubs in Myanmar with little or no salary and subjected to physical and psychological abuse. Immigration Commissioner Norman Tansingco said the six victims -- two males and six females and whose...
BAGUIO CITY – The Department of Tourism reported that 1.6 million tourists visited the Cordillera region in 2023, up 31.55 percent compared to 2022 with 1.2 million. TOURISM stakeholders in the Cordillera region attend the Cordillera Regional Tourism Investment Forum 2024 in Baguio City....
As an integral part of the inaugural dialogue on the Asia Zero Emission Community (AZEC) underpinned by the Japanese and Philippine governments, the Japan Bank for International Cooperation (JBIC) has signed a preliminary deal with three Philippine conglomerates for the development of projects...
