The Philippines is set to secure another $1-billion loan from the World Bank in June, this time for an energy project follow-through and coupled with a $20-million grant, making the package the largest single financing commitment extended to the country by the Washington-based multilateral lender....
Not too long ago, beauty treatments used to deliver the same results. Sharper features, tighter skin, fuller lips, with noses that followed the same proportions. People walked out of clinics looking noticeably different—and not always in a good way. “Now, many patients come in asking for...
International Finance Corp. (IFC) is collaborating with Thailand-based renewable energy (RE) developer Sermsang Power Corp. Public Co. Ltd. as the latter pursues its planned entry into the Philippines through a proposed RE generation project on Negros Island. In a disclosure over the weekend, the...
Four global institutions have warned that the prolonged war in the Middle East is posing increasing risks to global energy security, food supplies, and economic growth as oil inventories continue to decline at a record pace. In a joint statement last Friday, May 29, the International Energy...
MREIT Inc., the real estate investment trust backed by billionaire Andrew Tan’s Megaworld Corp., plans to acquire ₱25 billion worth of commercial assets in a deal that will transform the firm from a pure-office landlord into a diversified property trust. The company signed a memorandum of...
The P-pop landscape continues to expand with the arrival of MEI MEI, an eight-member girl group introduced under Groovy Garden Records, a new music label under Pulp Group. The group officially debuted on May 27 at Skydome, SM North EDSA, unveiling their first single “Telebong” alongside a...
As part of the Philippine government’s efforts to strengthen economic collaboration with Japan, the Ayala Group has signed a series of strategic memoranda of understanding (MOUs) with leading Japanese partners Mitsubishi Corp., Mitsubishi UFJ Financial Group (MUFG), and KDDI Corp. In a statement...
The Philippines will repay its new $600-million World Bank loan for education reform until 2055, while also securing a separate $24.5-million grant to support sustainable agriculture transformation, newly signed agreements between the government and the Washington-based multilateral lender showed....
Jin Navitas Electric Corp., the retail electricity supply arm of the Joy~Nostalg Group, plans to expand its power contract portfolio by 700 megawatts over the next two years to capitalize on the country 's deregulated energy market. Jose Alfonso Miras, JNEC president and chief executive...
Global Ferronickel Holdings Inc., one of the country’s top nickel ore producers, reported a 91 percent surge in first-quarter net income as surging global metal prices countered the drop in shipment volumes caused by adverse weather. Net income attributable to equity holders of the parent company...
My very first Facebook video, circa 2009, is of me with my older sister’s barkada, eating at Italianni 's BGC. But my memory of that place goes well beyond their BGC branch. I have memories with my dearly departed mother, ordering and ordering extra bread, to savor their yummy olive oil and...
The Palawan Group of Companies, the country’s most trusted pawnshop and remittance provider, has formalized a strategic partnership with BDO Unibank, Inc., one of the Philippines’ largest banks, to expand access to faster, more convenient, and more efficient financial services nationwide. The...
