Latest News for: Philippines capital

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Pricey onions become 'currency' in Philippines for one day to support food bank program

Xinhua 04 Feb 2023
4 (Xinhua) -- A retail store in the Philippines accepted onions as "payment" for select in-store items on Saturday as part of an onion-raising drive for a "community pantry" or food bank project ... The movement, sustained by people's donations, sparked similar "pantries" in the Philippine capital and provinces, feeding the poor.
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Pricey onions become 'currency' in Philippines for one day to support food bank programme

Gulf News 04 Feb 2023
A retail store in the Philippines accepted onions as "payment" for select in-store items on Saturday as part of an onion-raising drive for a "community pantry" or food bank project ... The movement, sustained by people's donations, sparked similar "pantries" in the Philippine capital and provinces, feeding the poor.
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The holy trinity of PH drag

The Manila Times 04 Feb 2023
After being a regular in O Bar, the opportunity to join Drag Race Philippines came ... She would show her makeup online, and when the makeup transformation craze (similar to what TV host Paolo Ballesteros would do) became a hit in the Philippines, she also capitalized on it and gained more following.
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Filipinos speak out against U.S. military expansion plans

China.dot.org 03 Feb 2023
She warned that the United States is seeking to widen its military presence in the Philippines and expand access to the country's military facilities. On Thursday, protesters gathered outside the military headquarters in the Philippine capital, where U.S ... access to Philippine military bases.
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Vista Land issues P2.9B in fresh corporate notes

The Manila Times 03 Feb 2023
VLL entered into a corporate notes facility agreement with BDO Capital & Investment Corp. and China Bank Capital Corp. as lead arrangers and bookrunners and Union Bank of the Philippines as joint lead arranger ... Camella Homes Inc., Communities Philippines Inc., Vista Residences Inc.
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Vista Land plans to issue P2.9b in corporate notes

Manila Standard 03 Feb 2023
It signed a corporate notes facility agreement with BDO Capital & Investment Corp. and China Bank Capital Corp. as lead arrangers and book runners and Union Bank of the Philippines as joint lead arrangers ... Inc., Camella Homes Inc., Communities Philippines Inc., Vista Residences Inc.
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Senate begins scrutiny of proposed Maharlika Investment Fund

Sun Star 03 Feb 2023
Under the measure, the Land Bank of the Philippines (LBP) and Development Bank of the Philippines (DBP) were identified as the providers of the initial capital -- P50 billion from the LBP and P25 billion from the DBP ... He also noted that there is no provision in the proposed measure indicating the authorized capital stock ... (SunStar Philippines).
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Albay Ahead: A new vision for Albay as the powerhouse of the South

Manila Bulletin 03 Feb 2023
It capitalizes on Albay’s earlier achievements in human development.
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UnionBank raises P12 billion via stock rights offer

The Philippine Star 03 Feb 2023
Union Bank of the Philippines has raised P12 billion through the issuance of shares to existing shareholders to fund the capital infusion to its digital banking arm and for other general corporate purposes ....
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Philippines gives US more access to military bases as concerns over China grow

Arab News 02 Feb 2023
The move, announced during US Defense Secretary Lloyd Austin’s visit to the Philippine capital, is aimed at strengthening bilateral cooperation to support the Philippines’ defense capabilities and to address pressing security threats in the region, Philippine Defense Secretary Carlito Galvez said during their joint news conference.
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US military to have access to Philippines defence bases to counter China in SCS

Beijing News 02 Feb 2023
US Defense Secretary Llyod Austin, while speaking during a visit to the Philippines capital Manila on Thursday, said the US and the Philippines remained committed to strengthening their mutual capacities to resist armed attack ... Last week, the US Marine Corps opened a new base on Guam, a strategically important US island east of the Philippines.
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Amending constitutional limits on foreign ownership

The Manila Times 02 Feb 2023
ECONOMISTS and business leaders proposed amendments to Articles 12 and 16 of the 1987 Philippine Constitution years before the Covid-19 pandemic ... This outdated scenario has undoubtedly led to stagnation in the flow of foreign capital into the Philippine economy ... the Philippines.
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POGOs must go

Manila Standard 02 Feb 2023
The third-party auditor, however, is not only lacking capitalization and is supported by a bank which is not recognized in the Philippines, but also has no office and no business permit to operate ... My gulay, why then is the Philippines allowing POGOs to exist? ... to the Philippines.
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DOTr gets ADB support to privatize NAIA

Manila Standard 02 Feb 2023
By Darwin G. Amojelar ... The rehabilitation project aims to broaden NAIA’s role as a key economic and tourism driver for Metro Manila and the whole Philippines, deliver capital infrastructure investment to improve the airport’s efficiency and increase its capacity to meet the growing passenger demand from the Philippines and the Asia Pacific region ... .
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Peso back at P53:$1; profit-taking hits PSEi

The Manila Times 02 Feb 2023
The benchmark Philippine Stock Exchange (PSEi), however, lost 49.57 points, or 0.70 percent, to end the day at 6,986.19 ... Regina Capital Development Corp. Managing Director Luis Limlingan, meanwhile, said "Philippine shares reverted to selling on news after the Federal Reserve's (Fed) interest rate hike adjustment." ... ....

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