While its exports to the United States (US) are already affected by newly imposed tariffs, the Po family’s Century Pacific Food Inc. (CNPF) will continue to expand its coconut water, tuna, and dairy capacities as these are its main engines for growth in the years to come. In a media briefing...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism and leisure townships subsidiary, is initially allotting ₱5 billion for the next five years to develop a 116-hectare beachside property in Nasugbu, Batangas. During the firm’s annual stockholders’ meeting, GERI...
China Bank Savings (CBS), the retail lending arm of the SM Group’s China Banking Corporation, sees enough room for competition in the thrift banking segment, even from BDO Network Bank, as it continues to post strong earnings growth. In a chat with media after the bank’s annual stockholders’...
The story of George T. Yang, the visionary who brought McDonald 's to the Philippines, is a tale of an underdog defying the odds. In the cutthroat world of international franchising, success often seems reserved for those with immense wealth and established power. In the 1970s, Yang, a freshly...
The government has once again exceeded its ₱25-billion borrowing target, raising ₱28.6 billion from short-term debt papers, as cooling inflation and growing expectations of a Bangko Sentral ng Pilipinas (BSP) rate cut sustained investor demand and pushed yields lower across all tenors. At the...
The Marcos administration has borrowed its planned ₱30 billion from local lenders through the sale of long-term debt securities at lower interest rates, due to strong demand and expectations of further inflation slowdown. The Bureau of the Treasury (BTr) awarded the offered amount through the...
The government on Monday, June 2, borrowed ₱28.6 billion—exceeding its ₱25-billion offer—through short-term debt papers as domestic lenders flocked to the sale, eager to lock in relatively higher interest rates ahead of an expected decline in the coming months. At the latest treasury bills...
The Securities and Exchange Commission (SEC) is seeking to entice real estate companies with rental pool arrangements to tap the capital market for their growth and financing needs with the launched of streamlined rules for the registration their securities. Rental pool agreements refer to...
The Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) inspected the rehabilitation of a key highway and bridge project linking Zamboanga Sibugay and Zamboanga del Norte on Thursday, May 22. DPWH Secretary Manuel M. Bonoan and ADB Vice-President Scott Morris led...
The Marcos administration has successfully borrowed ₱25 billion from domestic lenders through short-term debt papers, as creditors moved to lock in relatively higher interest rates ahead of a possible reduction in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) at its policy meeting...
Actor David Licauco (left) poses with his grandfather, Jaime T. Licauco (Images courtesy of Facebook) Author Jaime T. Licauco, grandfather of actor David Licauco, has passed away. He was 84. David mourned the loss of his lolo, whom he referred to as "the wisest man" he has ever known. On...
The Marcos administration has successfully borrowed ₱25 billion from domestic lenders through short-dated debt papers, with creditor appetite remaining relatively high despite the drop in interest rates following the peaceful results of the midterm elections. At Tuesday’s auction on May 13, the...
