MANILA, Philippines — Rockwell Land Corp. will tap the bond market to raise up to P20 billion and fund its capital expenditures. This move comes as the firm pursues the expansion of its projects. In a regulatory filing on Friday, Rockwell Land said its board of directors had approved the bond offering under a shelf
Tag: news
We must manage our water resources
MANILA, Philippines — We must manage our water resources, instead of our water managing us. Our Congress and the executive branch have not managed our water effectively. Our flood control budget significantly increased from only P73 billion in 2017 to P257 billion this year, with massive corruption prevalent. A proposal now is to totally eliminate
US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec
NEW YORK (Reuters) -The risk that pressure from U.S. President Donald Trump could shift the Federal Reserve to an overly dovish stance is the main near-term concern for the U.S. dollar, said a senior executive at U.S. asset manager PGIM Fixed Income. Trump has relentlessly criticized Fed Chair Jerome Powell and the U.S. central bank’s Board of Governors for not lowering rates sufficiently. This has investors concerned that political pressure could influence monetary policy.
Philippine investment priority plan seen ready in Q4
MANILA, Philippines — The Philippine government’s updated investment priority plan is targeted to be released within the fourth quarter of this year. The plan seeks to rationalize the system for granting incentives to registered businesses. Eries Cagatan, executive director of the Board of Investments (BOI), said on Friday that they are “fine-tuning” the revised version
Watch the Minecraft Live 2025 livestream here
Mojang is set to show us what’s coming next to the wonderful world of Minecraft at its annual presentation.
Delegates at UN walk out ahead of Netanyahu’s speech
Israeli Prime Minister Benjamin Netanyahu on Thursday addressed a nearly empty auditorium in the United Nations General Assembly, as delegates walked out to boycott his speech during the high-level gathering. Israel is increasingly isolated internationally as Netanyahu pushes forward with the war against Hamas, the militant body governing the Gaza Strip and which triggered the…
NBA: New Celtics owner vows to ‘do whatever it takes’ to win titles
BOSTON — The Boston Celtics are expecting a smooth ownership transition — and not just because much of the old brain trust is sticking around. New owner Bill Chisholm says he isn’t going to mess with the success of the people who won two NBA championships in their 23 years in charge. READ: NBA approves
Rory McIlroy challenges Europe to make history with away Ryder Cup victory
United States President Trump is due to visit Bethpage Black on Friday.
BSP prefers ‘case-by-case’ review of thrift bank liquidity relief
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will evaluate requests from thrift banks to ease liquidity requirements on an individual basis. The regulator is opting against a blanket approach to better reflect differences in each lender’s liquidity profile and operations. Suzanne Felix, executive director of the Chamber of Thrift Banks (CTB), told the
PAL lines up nonstop Cebu-Guam flights for December
MANILA, Philippines — Flag carrier Philippine Airlines (PAL) is boosting its Visayas network with the launch of nonstop flights between Cebu and Guam beginning Dec. 16. In a statement Friday, the air carrier said the new routes using its Airbus A321ceo aircraft would run thrice weekly. READ: PAL A321ceo retrofit takes off Introducing this new