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...
The Department of Labor and Employment (DOLE) is "encouraged" by the latest Labor Force Survey results, which, among other things, showed the lowest unemployment rate in the country since the coronavirus disease (COVID-19) pandemic began last year. (Mark Balmores / MANILA BULLETIN) "The signs are...
UAE-based LuLu Financial Holdings – a holding company with investments in financial services and products spanning the Gulf Cooperation Council (GCC) , Indian sub-continent, and Asia Pacific regions - has announced the appointment of Richard Teng, former CEO of Financial Services Regulatory...
75 YEARS OF PH-US RELATIONS The US government has committed to continue extending economic assistance to the its ally the Philippines in the form of grants for infrastructure projects, investment insurance coverage, technical and sustainability assistance as both countries marked their 75...
Aside from fresh produce, what you ought to be looking for is a friend in the market Funny how almost everyone you talk to these days have become doctors. They all have the solution on how to solve this COVID pandemic. They give you advice on what vaccine is best based on what they’ve read on...
SMDC’s community programs bag Quill awards for community relations and CSR What makes a community? For real estate leader SM Development Corporation (SMDC), it is not just the infrastructure that serves as a dwelling place for a group of residents. It is about creating a community where people...
The Manila city government ordered Arranque Market to be temporarily closed for a week, starting on Feb. 27, after seeing a rise in COVID-19 infections among its vendors and helpers. Workers from the Manila Disaster Risk Reduction Management Office (MDRRMO) arrive to disinfect Arranque Market along...
Unfazed by grim prospects for the airline industry this year, Pacific Global One Aviation (PG1), the aviation arm of PLDT, Inc., undertakes a major rebrand for its chartered services to get a piece of the $7 billion market by 2024. The company has set its sights on the medium term and expects the...
It can be eaten, but why would you want to eat a parrot fish? This is the season of Lent, when fish is all you need for sustenance, but (again) why parrot fish? Aside from its relatively affordable meat (it costs P280 per kilo inside a QC market), it is good for stew and curry...
Mostly from domestic market The large structural liquidity in the local financial system will let the government continue preferring the domestic market as a key source of its funding requirements in 2021 to mitigate the buildup of foreign exchange risks from external borrowings, a Cabinet official...
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...
The local bourse managed to close almost flat despite some profit-taking as investors wait for news from the central bank’s meeting. The main index shed 1.68 points or 0.02 percent to close at 7,298.02 with only the Holding Firms and Services counters advancing. Volume was firm at 32.64 billion...
