Latest News for: Philippines capital

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FLI raises P11.4 B from retail bond issue

Manila Bulletin 01 Dec 2023
(FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the Philippine Stock ... FLI's bond offering proceeds will finance its capital expenditure program and repay existing due debts.
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Century Properties looking to raise P5B

The Manila Times 01 Dec 2023
"The company shall likewise file an application for the listing of the offer shares with the Philippine Stock Exchange Inc ... percent of the outstanding capital stock of the company ... 22, 2024, will be offered for subscription solely in the Philippines through China Bank Capital Corp.
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The stories we tell

Manila Bulletin 01 Dec 2023
She hinted at the reopening of the Philippines Embassy in Bucharest, a move expected to bolster political, diplomatic, trade, and investment links ... “We are pleased to announce that after the closure of the Philippine Embassy in Bucharest in 2012, Romania will soon be host to a re-opened Philippine diplomatic mission in its capital once more,” Usec.
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Pueblo de Oro allots P18B for expansion

The Manila Times 01 Dec 2023
PUEBLO de Oro Development Corp ... The property development arm of the Investment and Capital Corp. of the Philippines said a total of P13.5 billion would be invested in Cagayan de Oro for its high-rise condominium project, the Masterson Mile Towers ... ....
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NCR's retail price growth slowest in 21 months

Manila Bulletin 01 Dec 2023
The Philippine Statistics Authority (PSA) said that prices of goods in the National Capital Region (NCR) in October rose at the slowest pace since the trend started to increase in February last year ... The October reading was the slowest growth posted since the 2.2 percent increase in February 2022 ... .
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PH's first sukuk bond sale sees strong demand

Manila Bulletin 30 Nov 2023
It also established a liquid reference curve for future Philippine issuers to access the Sukuk market, the bureau added ... Diokno said the successful inaugural issuance reaffirmed the Philippines' strong position in the global capital markets and demonstrated investors' confidence in their financial inclusion agenda.
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PH falls 3 spots in IMD’s global digital ranking

Manila Standard 30 Nov 2023
The Philippines dropped three places from 56th in 2022 to 59th out of 64 economies in the 2023 IMD World Digital Competitiveness Ranking (WDCR) ... IMD said while the Philippines showed improvements in technological framework by two places to 43rd in 2023 from 41st in 2022, it needed to enhance its regulatory framework and boost capital investments.
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Motorcycle fest ignites excitement, tourism in Clark

The Manila Times 30 Nov 2023
Through President Agnes Devanadera's guidance, we want to make Clark the motorcycle capital of the Philippines for tourism," he said ... Jose Miguel de la Rosa; Department of Tourism Region 3 Director Richard Daenos; and Mad Dog Motorcycle Club Philippines President Steve Ayles.
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Who will regulate AI?

The Manila Times 30 Nov 2023
Ernie Cecilia is the chairman of the Human Capital Committee and the Publication Committee of the American Chamber of Commerce of the Philippines (AmCham); chairman of the Employers Confederation of the Philippines' (ECOP's) TWG on Labor and Social Policy Issues; and past president of the People Management Association of the Philippines (PMAP).
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Watch: Underwater volcanic eruption creates new island off Japan

Khaleejtimes 30 Nov 2023
An underwater volcano, which erupted half a mile off Iwo Jima's southern coast, has led to a newborn island ... Philippines issues health warning as volcano brings smog to capital, nearby provinces Hawaii volcano Kilauea erupts after nearly two months of quiet Tens of thousands evacuated as wildfire burns out of control on Spain's Tenerife .
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DFNN joins project to push digitalization

The Manila Times 29 Nov 2023
... to accelerate the country's digital transformation.In a disclosure on Wednesday, the company said it signed a memorandum of understanding with DICT and FAB to be the founding anchors of the Horizon Philippines Project of Plug and Play, a Silicon Valley-based venture capital firm.
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Philippines carriers to increase 2024 capex

The Philippine Star 29 Nov 2023
The country’s biggest carriers Cebu Pacific and Philippine Airlines will raise their capital expenditures next year to fund some of the largest fleet expansions to date in Philippine aviation ....
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Alsons raises P1.15B via commercial papers

The Manila Times 29 Nov 2023
In a statement, Alsons said the latest issuance had been listed on the Philippine Dealing and Exchange Corp ... The proceeds will primarily be used for general working capital, in line with a commitment to strengthen renewable energy projects with the aim of having at least half of the company's energy mix be derived from renewable sources.
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Mines and Geosciences Bureau marks 125 years of championing sustainable mining, geoscience

The Manila Times 29 Nov 2023
As the steward of the state's mineral wealth and assets, the bureau envisions a Philippine mineral sector that thrives not only economically, but is sustained also socially and environmentally ... A mineral-rich Philippines. The Philippines is one of the countries showered with an abundance of minerals.
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Philippines: World's loneliest elephant dies in Manila zoo

BBC News 29 Nov 2023
Bittersweet tributes pour in for Mali, who spent some four decades by herself in the Philippine capital. .
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