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Philippines confident of tighter spreads on Samurai bonds

Philippines confident of tighter spreads on Samurai bonds Source link link: Philippines confident of tighter spreads on Samurai bonds.....»»

Category: newsSource: manilainformer manilainformerJul 12th, 2018

ICC to inquire on raps vs Rody

ROQUE: MERE PROCESS TO DETERMINE BASIS President Duterte intends to defend himself, “if need be,” on the crimes against humanity charges that his opponents filed against him before The Hague-based International Criminal Court (ICC), presidential spokesman Harry Roque said yesterday. Roque, an international law expert, explained that the ICC’s recognition was simply a proceeding to determine if the case has basis to proceed or not.Roque said Malacañang has received ICC’s notice for a “preliminary examination” on the complaints filed by the lawyer of self-confessed Davao Death Squad (DDS) assassin Edgar Matobato, who is under the care of Duterte’s chief critic Sen. Antonio Trillanes IV.Roque said the 72-year-old Chief Executive is ready to submit himself before the proceedings once he is summoned to The Hague.“The President and I met about this extensively for two hours last night. The President welcomes the preliminary examination because he is sick and tired of being accused,” Roque told reporters. “Obviously, this is intended to embarrass the president. They will fail. The President said that if need be, he will argue his case before the ICC,” he added.Matobato’s counsel Jude Sabio, in April last year, submitted to the ICC a petition against Mr. Duterte on the basis of his apparent admission of “killing” suspected drug traffickers and criminals in Davao City when he was still its Mayor.By June, Trillanes and Magdalo Partylist Rep. Gary Alejano filed a supplemental complaint against the Chief Executive also at the ICC. The complaint is based on the series of extrajudicial killings attributed to the Duterte administration’s narcotics crackdown.Sabio, in a text message, claimed that the given development is already a victory on their end.“I feel so elated and vindicated. Finally, Mr. Duterte and his cohorts will face criminal investigation by the ICC prosecutor as a prelude to formal criminal investigation,” Sabio said. “It is a huge triumph toward justice. Duterte’s system of death squad killings that he continued in his war on drugs will be investigated and hopefully an arrest warrant will be issued against him and justice will be done,” he added.“I am confident that, based on my communication, as well as that of Sen. Trillanes’ and (Magdalo) Rep. (Gary) Alejano’s, we will hurdle this first big step, and hopefully a warrant of arrest will be issued soon by the ICC against Duterte and his cohorts,” he added. Critics overjoyedTrillanes, for his part, claimed that the ICC’s recognition of their complaint should remind Mr. Duterte that he is not above the law.“This development should jolt Duterte into realizing that he is not above the law. More importantly, this is the first step for the victims’ families’ quest for justice,” the senator said.But Roque said Trillanes and his group should not celebrate yet.“No one should claim victory… If they think the President has been indicted, they are so wrong,” he said.“There will be no formal investigation to be conducted in the country because at the level of the preliminary examination, where the Court does not include the budget for the prosecutor to come to the Philippines because it is not yet a preliminary investigation,” he said.“Now the objective is to determine if there is reasonable basis to proceed with the formal investigation,” he added.In Sabio’s complaint addressed to ICC chief prosecutor Fatou Bensouda, he said that the international criminal court’s action “would... be the beginning of the end of this dark, obscene, murderous and evil era in the Philippines.”“Crimes against humanity are crimes of universal jurisdiction, but where a State like the Philippines fails to assume such universal jurisdiction for crimes against humanity continuously being committed in its very own territory, then the International Criminal Court will have to intervene into a situation that is grave by any human standard,” Sabio said.“The grim statistics of more than 7,000 drug-related killings cannot be anything but grave, especially if viewed in the context of just seven months since Rodrigo Duterte became the President, compared to only about 3,000 committed during the 20-year Marcos regime. These more than 7,000 drug-related killings translate to roughly 1,000 killings per month,” he added.Two other opposition senators urged Malacañang, instead of criticizing this development, to deal with the issues being hurled at the President.“That shouldn’t come as a surprise considering the magnitude of deaths reaching thousands upon thousands in less than two years,” Sen. Francis “Kiko” Pangilinan.“This is the chance for the government to answer the accusations raised against them. There is no reason to be afraid if the administration is not hiding anything,” Sen. Bam Aquino said.Aquino said this should be a welcome opportunity for the administration to make their case to an unbiased and globally respected tribunal. Villarin wants Roque charged, tooAkbayan Rep Tom Villarin said the entry of the ICC into the issues raised against Duterte gives hope to the thousands killed under the latter’s war on drugs. “It is a welcome development and gives hope to thousands of EJK (extra judicial killings) victims that finally justice will be served,” Villarin said.“This will also hold President Duterte and other top officials involved in the bloody war against drugs accountable as well as it gives us an opportunity to implead other enablers of EJKs, including possibly Presidential Spokesman Harry Roque,” Villarin added.While the Akbayan lawmaker said that the investigation may not lead to Duterte’s puster, he said that it will be damning and damaging to his administration in the eyes of our people and the international community.“I am hopeful that people will now realize the truth and demand accountability from him with all constitutional options available,” Villarin said.Alejano said that the preliminary examination will determine whether there is sufficient evidence to warrant an investigation. “I hope that the preliminary examination will be allowed to carry on – unhindered and with full cooperation from concerned authorities, organizations, and personalities,” Alejano, one of those who brought the EJK issue before the ICC, said.“I am confident on the communication we sent to the ICC and strongly believe that President Duterte and those who perpetuate and defend this policy of killing should be held accountable before the law,” Alejano said. Angie M. Rosales, Gerry Baldo.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

$1-billion Samurai bond issue eyed in Q3 2018

The Philippine government plans to issue $1 billion worth of Samurai bonds or yen-denominated securities in the third quarter of the year, a top official of the Bureau of the Treasury said yesterday......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2018

LMP asks NBI, PNP to probe mayor’s slay

THE National Bureau of Investigation and the Philippine National Police were asked to help investigate the murder of Bohol municipal Mayor Ronald Lowell “Sample” Tirol. League of Municipalities of the Philippines (LMP) national president Mayor Ma. Fe Brondial said she is confident the PNP and the NBI can solve the….....»»

Category: newsSource:  journalRelated NewsJun 3rd, 2018

Palace Confident PH Will Be Upper Mid-Income Economy by 2022

Malacañang on Monday welcomed the Asian Development Bank (ADB) assessment which showed that the Philippines will be able to reduce poverty incidents to 14 percent by 2022. According to Presidential spokesperson Harry Roque, the ADB lauded the Duterte administration’s aggressive spending on infrastructure through the “Build, Build, Build” program. Roque said the ADB cited the […].....»»

Category: newsSource:  metrocebuRelated NewsMay 29th, 2018

PH to issue another $2B in bonds

The Philippines will issue $2 billion in dollar- and yen-denominated bonds before the end of this year in line with recent stance to raise the country's foreign borrowing program for 2018. Dep.....»»

Category: newsSource:  philippinetimesRelated NewsMay 28th, 2018

Govt to borrow anew from small investors

The government is looking to raise money from small investors anew via a retail treasury bond (RTB) offering starting next week. “Please be advised that the Republic of the Philippines through the Bureau of the Treasury will issue peso-denominated three-year fixed rate retail treasury bonds in a minimum aggregate nominal principal amount of P30,000,000,000.00,” the [...] The post Govt to borrow anew from small investors appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 26th, 2018

Debunking common myths about gum care and overall dental hygiene

MANILA, Philippines — What's your oral hygiene routine like? In partnership with LISTERINE®, Rappler launched a survey which aimed to gather insights about the oral hygiene habits of young Filipino professionals. It was found that they feel most confident with good oral hygiene. However, a lot of them tend ........»»

Category: newsSource:  rapplerRelated NewsMay 23rd, 2018

Cone confident struggling Ginebra will turn conference around: We will rise

MANILA, Philippines – There is a reason Barangay Ginebra is considered a powerhouse team and head coach Tim Cone believes it is just a matter of time until they snap out of their slump.  The Gin Kings, after notching their first win of the Commissioner's Cup last week, returned to ........»»

Category: newsSource:  rapplerRelated NewsMay 20th, 2018

Holcim hoping to ride construction boom, control costs

HOLCIM Philippines, Inc. has outlined its priorities this year, including plans to seize opportunities brought about by an ongoing construction boom, its new head said. John Stull, Holcim’s president and chief executive officer, said the cement manufacturer and distributor will focus on operational improvements, tighter cost management and new building solutions. He said the moves […] The post Holcim hoping to ride construction boom, control costs appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 18th, 2018

Suzara confident of Philippines-Thailand volleyball finals in SEAG

Ramon Suzara painted a rosy picture of the country’s campaign in the women’s volleyball competition of the 30th Southeast Asian Games......»»

Category: sportsSource:  philstarRelated NewsMay 18th, 2018

Holcim earmarks P2.4B to boost cement production

The country's leading cement-maker Holcim Philippines Inc. has earmarked P2.4 billion for capital outlays this year, mostly to boost production capacity and ride on the local construction boom. Holcim will prioritize operational improvements, tighter cost management and new building solutions to better benefit from and support strengthening construction activity in the country, newly appointed president and chief executive officer John Stull said during the company's stockholders meeting on Friday. During his address to shareholders, Stull said the company would boost its equipment maintenance programs while continuing to streamline logistics systems and processes for more rel...Keep on reading: Holcim earmarks P2.4B to boost cement production.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2018

Growth to remain below target — BMI

By Melissa Luz T. Lopez Senior Reporter BMI RESEARCH has raised its growth forecast for the Philippines, but still expects that the pace will log below the government’s full-year goal amid softer private investments and tighter financial conditions. The Fitch unit now sees 2018 gross domestic product (GDP) growth at 6.5%, faster than their previous […] The post Growth to remain below target — BMI appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 17th, 2018

Poll security remains in force in Caraga

TANDAG CITY, Surigao del Sur, May 16 (PIA) -- High ranking officials of the Armed Forces of the Philippines (AFP) in Caraga region are in unison with the idea that tighter poll security measures will.....»»

Category: newsSource:  manilanewsRelated NewsMay 16th, 2018

Dominguez: Another dollar debt paper sale before end-2018 to raise funds for infrastructure

The Philippines would again sell dollar-denominated bonds before this year ends to raise funds for the Duterte administration's ambitious infrastructure program, Finance Secretary Carlos G. Do.....»»

Category: newsSource:  philippinetimesRelated NewsMay 15th, 2018

DoF confident China-backed projects will pay off

THE PHILIPPINES will sign its second loan agreement with China in July, the Department of Finance (DoF) said, adding that the Philippines is capable of meeting its obligations despite higher Chinese interest rates compared with other funds on offer. Asked which projects will be up next for signing loan agreements with China, Finance Secretary Carlos […] The post DoF confident China-backed projects will pay off appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 13th, 2018

DBP-managed RTB Tranche 20 cited as Best Deal of the Year

THE 20th issuance of the Retail Treasury Bonds (RTBs) co-managed by state-run Development Bank of the Philippines (DBP) was awarded Best Deal of the Year and Best Fixed Income Deal by an association of investment houses, a top official said. DBP president and chief executive officer Cecilia C. Borromeo said the transaction was adjudged the […] The post DBP-managed RTB Tranche 20 cited as Best Deal of the Year appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 9th, 2018

ONE Championship: Pinoy MMA legend Andrew Benibe to be in Rome Trinidad s corner in Jakarta

Filipina warrior Rome “Rebel” Trinidad will walk to the ONE Championship cage on Saturday, May 12 with a mixed martial arts legend by her side. Andrew Benibe, a household name in the established local mixed martial arts scene in the Philippines, will be part of the entourage of Trinidad as she is scheduled to square off with hometown hero Priscilla Hertati Lumban Gaol on the undercard of ONE: GRIT AND GLORY in Jakarta, Indonesia. It was a bitter pill to swallow for a young and dedicated cage competitor like Trinidad when she yielded to Thai standout Rika Ishige in her promotional debut this past December. Trinidad suffered a second-round submission loss to Ishige at ONE: WARRIORS OF THE WORLD in the Thai dynamo’s homebase of Bangkok, failing to ace her maiden assignment under the ONE Championship banner. Although the thrilling atomweight bout against Ishige put fans at the state-of-the-art Impact Arena on the edge of their seats, Trinidad was left disappointed with the outcome of the match. “I believe that I could have done better in that match, but I came up short. I just realized that there was something missing,” she admitted. “It was my first time to fight internationally, and I lost. It gave me motivation to keep going, get better, and be more aggressive. Most of all, it taught me to be humble in all aspects of my life,” Trinidad added. The submission defeat to Ishige forced Trinidad to reassess on how she handles her training camp when she prepares for an upcoming bout. During her time of contemplation, Trinidad found a much-needed help in Benibe, a former Philippine bantamweight champion who currently works a mixed martial arts trainer at Maic’s Gym in Marikina City. “Right now, I have a tremendous support system in my training, especially with the help of my coach Andrew Benibe. He knows how to bring out the best in me,” Trinidad said of Benibe. Having 17 professional bouts under his belt, Benibe has been a staple of the Philippine mixed martial arts circuit since 2006 and has shared the stage with the industry’s notable figures such as Mark Eddiva, Jessie Rafols, Will Chope, Reysaldo Transmonte and Mark Striegl. Moreover, Benibe made a one-off appearance inside the ONE Championship cage when he took on Team Lakay’s Honorio Banario at the organization’s first event on Philippine soil in August 2012. Now sitting on the coach’s stool to oversee Trinidad’s training, Benibe claimed that his pupil is ready for anything as they have been working on all elements of the game in preparation of her cage encounter with Gaol. “We have trained her for both stand-up and grappling in anticipation of anything,” he shared. “But whatever the condition, Rome Trinidad’s best bet is a stand-up game and finishing the match with striking.” The partnership between Trinidad and Benibe will be tested for the very first time as the Filipina combatant returns to action on Saturday to face the hot-streaking Gaol at ONE: GRIT AND GLORY. Gaol has won two-straight matches to kick off her 2018, defeating Malaysia’s Audreylaura Boniface via first-round stoppage last January before submitting Filipina newcomer Krisna Limbaga a month later. The 21-year-old Marikina City resident seeks to make an astonishing statement in her second ONE Championship outing as she battles Gaol at ONE: GRIT AND GLORY. “I want to win so bad. I have dreams and aspirations as a competitor. In order to turn those into a reality, I have to win first. This is the first step,” she stated. With the desire to reinsert her name into the winner’s column, Trinidad is confident that her support system has geared her up splendidly for her three-round clash with Gaol on Saturday “I have the best coach in my corner. I trained with the most talented athletes in the sport for this bout. With that said, I’m oozing with confidence coming into this match because I have my team behind me,” she concluded......»»

Category: sportsSource:  abscbnRelated NewsMay 7th, 2018

ADB confident PHL can handle Chinese debt load

THE Asian Development Bank (ADB) views the Philippines as capable of managing the risks of taking on significant amounts of foreign debt, amid warnings from the International Monetary Fund (IMF) that China is funding unsustainable projects in developing countries. ADB Vice-President (Operations 2) Stephen P. Groff said at a briefing on the sidelines of the […] The post ADB confident PHL can handle Chinese debt load appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 6th, 2018

Malacañang confident Chinese missiles not directed at PH

MANILA, Philippines – Malacañang said that while it is "concerned" about the reported installation of Chinese missiles in the Spratlys, they do not think the missiles are intended for the Philippines. "With our recently developed close relationship and friendship with China, we are confident that those missiles are not directed at us," ........»»

Category: newsSource:  rapplerRelated NewsMay 4th, 2018

Treasury makes full award of reissued five-year bonds

THE GOVERNMENT fully awarded the reissued five-year Treasury bonds (T-bonds) on Wednesday as yields picked up slightly on the back of an upgraded credit rating outlook for the Philippines. At yesterday’s auction, the Bureau of the Treasury raised P10 billion as planned from the reissued five-year bonds maturing on March 8, 2023. Total tenders reached […] The post Treasury makes full award of reissued five-year bonds appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018