World Bank’s investment-arm International Finance Corp. (IFC) is investing in Union Bank of the Philippines’ “social bond” that aims to finance loans to micro, small and medium-sized enterprises (MSMEs). In a statement, Alfonso Garcia Mora, IFC Asia and Pacific vice president, said Friday,...
The Bureau of the Treasury is planning to sell the Philippine government’s first retail dollar-denominated bond (RDB) targeted mainly at overseas Filipino investors. During a virtual briefing on Thursday, July 15, National Treasurer Rosalia V. de Leon said the government is firming up the details...
The Asian Development Bank (ADB) has launched a guide that aims to help developing countries tap into global debt markets to support a green, resilient, and inclusive recovery from the pandemic and meet the sustainable development goals (SDGs). On Friday, July 2, the Manila-based multilateral...
The domestic bond market is expected to sustain its growth this year driven by government debt issuances to fund its huge expenditures amid falling revenues and the return of companies in the bond market. Jean De Castro, head of the Fixed Income of Manulife Asset Management and Trust...
Finance Secretary Carlos Dominguez said the government plans to sell dollar bonds before interest rates rise, and will look for new revenue sources and ways to wind down debt next year. Finance Secretary Carlos G. Dominguez III (Photo credit: https://www.dof.gov.ph/about/secretarys-page/) “We...
SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, has listed its latest P10 billion Fixed Rate Bond Series M and N offering through a virtual listing ceremony. SM Prime Chief Finance Officer John Nai Peng C. Ong and Philippine Dealing & Exchange Corp....
SL Agritech Corporation (SLAC), the country's biggest hybrid rice seeds producer, has returned to the local debt market to raise P2 billion, capping this year’s listing at the country’s bond bourse, Philippine Dealing & Exchange Corp. (PDEx). As a result, PDEx President and Chief Operating...
Scottish actor Sean Connery appeared in seven successful James Bond movies between 1962 and 1983. Connery has passed away at the age of 90. Here's a look at seven movies where Connery played Ian Fleming's sexy agent: Credits: Official movie trailers courtesy of YouTube; synopsis by...
Legendary Scottish actor Sean Connery, who shot to fame playing James Bond, has passed away. He was 90. His death was confirmed by his family, according to the BBC, which notes that the actor died in his sleep while in the Bahamas. He had been unwell for some time, according to variety.com....
Remembering cinema’s most iconic Scottish gentleman After rumors about his demise spread in some corners of the internet earlier this week, it has now been confirmed that Sir Sean Connery has died at the age of 90 . In honor of one of the most iconic actors to have ever graced the big...
The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...
