Companies, particularly banks, are urged to tap the capital market by issuing bonds as these are a stable source of funds that can be issued quickly to a large investor base and at a lower cost. The advantages of issuing bonds to raise fresh funds was raised during the seminar entitled...
Investors in the local stock market will be watching out for the release of June inflation numbers for cues this week although follow through buying may keep stocks buoyant after the Bangko Sentral’s statements gave sentiment a boost. “This week, investors are expected to watch out for the...
Manila remains one of the world's cheapest cities for the rich, despite its booming economy and more expensive whisky here, according to Swiss wealth manager Julius Baer. Julius Baer's Global Wealth and Lifestyle Report 2024 showed Manila ranking ninth among 10 Asia-Pacific cities after Singapore,...
Armed Forces of the Philippines (AFP) chief General Romeo Brawner Jr. hands over a certificate of completion to one of the graduates of the Basic Citizen Military Course during the program's closing ceremony at the Baguio Country Club on June 29, 2024. (Photo by AFP) The Armed Forces of the...
Philippine National Police (PNP chief Gen. Rommel Francisco Marbil ordered an intensified campaign against cybercrimes as he committed to allocate more resources and enhance capabilities to combat the growing threat of cyber-related offenses. Marbil issued the directive as cybercrime cases...
Gen. Rommel Francisco Marbil, chief of the Philippine National Police (PNP), warned all policemen against moonlighting as bodyguards or security escorts of rich and famous individuals. Marbil emphasized that the loyalty to service of policemen should be dedicated to the Filipinos and not to those...
To fund the construction of a new building that will serve as the primary blood center in Cavite, the Philippine Red Cross (PRC) received a P60 million donation from the Okada Foundation. Photo shows PRC Cavite Chapter treasurer Lucy Beltran, PRC Cavite Chapter fund generation committee chairperson...
From left to right: AFP Chief of Staff Gen. Romeo Brawner Jr.; PVB Chairman Roberto De Ocampo, OBE; House Speaker Martin Romualdez; PVB President & CEO Renato Claravall; and Deputy Treasurer Eduardo Anthony Mariño III (PVB Facebook) House...
Private sector economists expect June inflation to be close to the higher end of the government's target range of manageable consumer price hikes. Dutch bank ING projected an above-target headline rate of 4.1 percent year-on-year for June, from the 3.9 percent posted in May. The Philippine...
BACOLOD CITY – “We stand prepared to confront any potential disasters that may threaten our nations with absolute confidence.” This was stressed by Coast Guard Vice Admiral Rolando Lizor Punzalan Jr., deputy commandant for operations of the Philippine Coast Guard (PCG), as he cited...
China reportedly told the United States to supposedly stop emboldening the Philippines’ provocations in the West Philippine Sea as Manila continues to fight for its rights, which is based on international law, over the waters. Mao Ning, spokesperson for China’s Foreign Ministry, confirmed that...
Maynilad Water Services, Inc., the water provider of most cities in Metro Manila, has been granted by the Securities and Exchange Commission (SEC) a permit to sell its P15 billion blue bond offering. This comes after the Philippine Rating Services Corporation granted Maynilad’s blue bonds a PRS...