The Marcos administration has successfully borrowed ₱30 billion from the sale of long-term debt securities but with higher borrowing costs despite higher demand from domestic investors. During the sale of seven-year treasury bonds (T-bonds) on Tuesday, the Bureau of the Treasury (BTr) fully...
The Marcos administration raised ₱28.4 billion from domestic investors in Monday’s sale of short-term debt, surpassing its target as demand remained firm, with investors attracted to the higher yields of Treasury bills (T-bills) compared to shorter offerings from the central bank. During the...
Po family-led restaurant group Shakey’s Pizza Ventures Inc. (SPAVI) is expanding its Potato Corner kiosk business to Taiwan and Laos, tapping into the more substantial growth potential in the overseas market, particularly in Asia. “These are two exciting markets that we believe would have some...
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...
