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Top Japanese banks express support of Philippine “samurai bonds” following DoF meeting

TOP JAPANESE BANKS have expressed their interest in participating in the Philippines’ return to the yen debt market following their meeting with the Finance department in Tokyo. In a statement sent to journalists yesterday, the Department of Finance (DoF) said that Finance Secretary Carlos G. Dominguez III met with officials of Daiwa Securities Group Inc., […] The post Top Japanese banks express support of Philippine “samurai bonds” following DoF meeting appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineJun 20th, 2018

Japanese banks support samurai bond offer – DoF

The government’s planned issuance of $1-billion worth of samurai bonds has earned the support of Japan’s leading financial institutions, the Finance department said on Wednesday. In a statement, the Finance department said top officials of Mitsubishi UFJ Financial Group, Nomura Holdings Inc., Mizuho Bank Ltd., Sumitomo Mitsui Banking Corp. (SMBC) and Daiwa Securities Group Inc. [...] The post Japanese banks support samurai bond offer – DoF appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 20th, 2018

DOF: Top Japanese banks see strong demand for Philippine samurai bond float

The Department of Finance on Wednesday said top Japanese banks expect strong demand for the Philippines’ first stand-alone "samurai" bond float set in the third quarter of this year......»»

Category: financeSource:  philstarRelated NewsJun 20th, 2018

Courting Japan: Manila set on $1-billion samurai bonds

In Photo: Finance Secretary Carlos G. Dominguez III delivers a speech during the Philippine Economic Briefing in Tokyo, Japan, on June 19. The event was attended by about 600 investors, Japanese go.....»»

Category: newsSource:  manilanewsRelated NewsJun 20th, 2018

Correspondent banks urged to use blockchain

Correspondent banks should capitalize on blockchain technology amid stiff competition, the chief of the Bangko Sentral ng Pilipinas (BSP) said. Central bank Governor Nestor Espenilla Jr. said this in a keynote address during the recent annual meeting of the Association of Philippine Correspondent Bank (APCB) Officers. “One recent development with significant impact to correspondent banking [...] The post Correspondent banks urged to use blockchain appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

Japanese financial giants: PH samurai bonds to make a killing

Five large Japanese financial institutions are supporting the Philippines' upcoming $1-billion samurai bond sale, the first issuance without a guarantee. The Department of Finance (DOF) said i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 21st, 2018

Meet the 2018 World Cup All-Pogi Starting XI

The members of the World Cup All-Pogi Starting XI are not necessarily the starters in their respective teams.  This is a different kind of Starting XI. The kind that makes viewers want to stay plastered to their screens not just for the goals, but for those brief moments of close-ups that make the wait worth it. Our Pogi Starting XI follows the classic 4-4-2 formation. These fine fellas bring the “beautiful” to the beautiful game. Here we go.   GOALKEEPER Alphonse Areola, FRA   🇫🇷🆚🇵🇪 📍Ekaterinburg Arena 🕔 17h @equipedefrance #FRAPER #fiersdetrebleus A post shared by Alphonse Areola (@areolaofficiel) on Jun 21, 2018 at 12:19am PDT He may be the third choice keeper for Les Bleus but this 25-year-old, 6’3” Frenchman born to Filipino parents is definitely first in our hearts.   DEFENDER Gerard Pique, ESP   Focus A post shared by Gerard Piqué (@3gerardpique) on Dec 4, 2017 at 10:45am PST If Shakira thinks he’s hot, who are we to say otherwise?   William Ekong, NGA   End of a good camp with the @ng_supereagles. We keep working and improving. Thanks everyone for your support 🇳🇬🦅🙏🏽 A post shared by William Troost-Ekong (@wtroostekong) on Mar 28, 2018 at 8:32am PDT Ekong has Dutch and Nigerian ancestry and the 6’3” centre back’s fine mix of physical attributes from both sides of his family tree is more than evident.   Ramin Rezaeaian, IRN   ٨٠ ميليون نفر،يك ملت،يك ضربان قلب.. همه براي تيم ملي ايران ❤️🇮🇷🇮🇷🙏 80 milion people, One Nation, One Heart Beat.. Iran ❤️🇮🇷🙏i A post shared by Ramin Rezaeian (@raminrezaeian) on Jun 11, 2018 at 11:07am PDT Mr Rezaeaian owns the Derek Zoolander-approved Blue Steel 100%, and then some.    Gotoku Sakai, JPN   新しいスパイクを履いていいトレーニングできてます👍 #HereToCreate #X18 #スプリントスパイク #createdwithadidas A post shared by GotokuSakai_official (@sakai_go1123) on Jun 6, 2018 at 5:31am PDT Describing Gotoku-san as kawaii doesn’t even cut it. He’s an American-born Japanese right back and he definitely stands out among the Blue Samurai.   MIDFIELDER Isco, ESP   2️⃣2️⃣🇪🇸😍 A post shared by Isco Alarcon Suarez (@iscoalarcon) on Jun 8, 2018 at 11:07am PDT Isco, full name Francisco Roman Alarcón Suárez, rocks the millennial beard like it’s nobody’s business.    James Rodriguez, COL   El mejor café del mundo 🇨🇴✌🏼 A post shared by James Rodríguez (@jamesrodriguez10) on May 24, 2018 at 3:39pm PDT James Rodriguez? More like James Reid. James is your college crush that never seems to age. Andre Silva, POR   É sempre uma honra ter a oportunidade de representar @portugal! Unidos lutaremos pelo nosso objectivo #ConquistaOSonho A post shared by André Silva (@andresilva9) on May 17, 2018 at 1:32pm PDT Boyish good looks? Check. Eyebrows to die for? Check. Until you see his pool-side photos on Instagram. Who you calling a boy?   Makoto Hasebe, JPN   MHSC (Makoto Hasebe Sports Club) 一昨日は藤枝校と浜松校の交流戦を行いました。開校以来、子どもたちの成長するスピードに驚いています。そして子どもたちが楽しんでいる姿が何よりも嬉しいです。特別講義を傾聴する子どもたちのキラキラした目をみて改めて頑張ろうと思えた素晴らしい時間でした。 #mhsc #fujieda #hamamatsu #藤枝 #浜松 #藤枝総合運動公園サッカー場 #素晴らしい環境 #来年度の新しい校舎開校に向けて生徒もコーチングスタッフも募集しています #puma #長谷部誠 A post shared by 長谷部誠 Makoto Hasebe (@makoto_hasebe_official) on Dec 25, 2017 at 2:14pm PST That smile alone can net him a starring role in a Japanese telenovela   FORWARD Cristiano Ronaldo, POR   Parabéns meu querido filho! Estas a ficar um homem!👏🏽8️⃣🎂❤️ A post shared by Cristiano Ronaldo (@cristiano) on Jun 17, 2018 at 2:38am PDT A virtual lock not only for the Pogi Starting XI but also for the Pogi Hall of Fame.   Radamel Falcao, COL   Vamos a defender esta camiseta con el 💯 % de nuestras fuerzas, energías y capacidad. 🇨🇴 // we are going to fight for this colors with all our energy, strength and ability. A post shared by Falcao (@falcao) on Jun 13, 2018 at 2:40pm PDT He chopped off his lustrous locks for a trendy ‘short at the sides and longer at the top’ cut and the transformation is akin to Jon Bon Jovi shedding the glam-rock hair in the 90’s. Or long hair, short hair, we don’t care.   MANAGER Herve Renard - MAR Monsieur cuts a dashing figure in the touchline with his sun-kissed locks and striking blue gaze. Reminds one of an old-school Hollywood movie star, a classic European playboy or a striking yet dangerous Bond villain. Catch the 2018 FIFA World Cup Russia™ on S+A, S+A HD, LIGA, LIGA HD and via livestream......»»

Category: sportsSource:  abscbnRelated NewsJun 21st, 2018

Philippine officials off to Tokyo for samurai bond roadshow

A Philippine delegation is set to visit Tokyo this week to brief potential investors on the Philippine economy and discuss with Japanese officials the progress of the administration’s infrastructure projects, the Department of Finance (DOF) said over the weekend......»»

Category: financeSource:  philstarRelated NewsJun 17th, 2018

ADB raises funding for PH

The Asian Development Bank will lend the Philippines a higher $945 million this year mainly for infrastructure projects as part of the Manila-based multilateral lender's commitment to support the Duterte administration's ambitious "Build, Build, Build" infrastructure program. The state planning agency National Economic and Development Authority said that during a meeting between Philippine officials and executives of the ADB's Philippine country office last month, the latter said that their lending pipeline for 2018 consisted of two policy-based loans (worth $600 million), one result-based loan ($300 million) as well as two other projects ($45 million). In December last year, the A...Keep on reading: ADB raises funding for PH.....»»

Category: newsSource:  inquirerRelated NewsJun 12th, 2018

Strong economy prompts S& P to hike PH banks’ credit rating

    The credit rating of the Philippine banking system was raised by a notch by Standard & Poor's Global Ratings, citing favorable economic environment that is supportive of growth of banks, sound regulations, and improving industry fundamentals and trends.   With the upgrade, the local banking sector is now classified under the stronger category of'6'from the previous '7'on a scale of 1 to 10, with the latter reflecting the highest risk.   "High household consumption, investment, and exports (mainly of electronics, commodities, and services) continue to support economic activity," S&P said in its latest Banking Industry Country Risk Asses...Keep on reading: Strong economy prompts S&P to hike PH banks’ credit rating.....»»

Category: newsSource:  inquirerRelated NewsJun 6th, 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

Philippines to raise $2 B from foreign borrowings

The Philippine government plans to raise about $2 billion more this year through the sale of offshore commercial bonds, including samurai and global bonds, according to the Bureau of the Treasury (BTr)......»»

Category: financeSource:  philstarRelated NewsMay 27th, 2018

SEA Games: We will play Thailand in the Finals -- Suzara on PHI women s volleyball team

Southeast Asian Games Organizing Committee executive director and Philippine volleyball figure Ramon ‘Tats’ Suzara believes that the national squad will have a great chance to land a podium finish when the country hosts the 30th edition of the biennial meet from November 30 to December 10 next year. The men’s and women’s national squads participated in the last two SEA Games editions in Singapore and Malaysia after skipping the sport for a decade. However, the Nationals failed to land a medal both times. “Of course, people were expecting to get a medal last year in Kuala Lumpur but it doesn’t take a year to prepare the national team. It takes two SEA Games to prepare the national team,” said Suzara, who is also the FIVB and Asian Volleyball Confederation marketing and development committee chairman. PHI women’s volleyball team head coach Ramil De Jesus held two tryouts last month to form a new squad that will participate in the Asian Games in July and the Asian Cup in August.       Exposure in these major international competitions according to Suzara will equip the Pinay volleybelles in its search for a SEA Games medal. The Filipinas landed a bronze medal in the 2005 Manila edition and last won a gold medal back in 1993 in the Singapore meet. “In fact, they asked me why in the SEA Games why volleyball is important. I just told them that we will play Thailand in the Finals,” said Suzara. “Our women’s volleyball has to play very well in the Asian Games and in the Asian Cup but our target is the SEA Games.” “SEA Games is so important in our heart so we should play in the Finals,” he added. “Even our chef de mission Monsour Del Rosario asked me last night, ‘What do you think of our women’s volleyball? Can we play in the Finals?’ I just said that I’m always positive that our women’s volleyball should play in the Finals.” Volleyball is considered as the second most popular sport in the country next to basketball. The local organizing committee after the two-day SEA Games Federation Council meeting announced that volleyball games will be held at the Big Dome. And Suzara is optimistic that fans will fill the venue to show their support.    “I’m sure (fans will fill the arena),” he said. “Of course, we have men’s volleyball and we have to give that attention. But I think out women’s national team has to work hard and with their experience in the Asian Games this year and the Asian Cup we should know where we are at the level. We should work hard. Our national team should work hard to reach this level in 2019. “We still have a year and a half for our national team to be on top.”       --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsMay 17th, 2018

Philippine top court votes to oust chief justice

Philippine Supreme Court employees pose with clenched fists to express support for the ouster of embattled Philippine Supreme Court Chief Justice Maria Lourdes Sereno on Friday, May 11. (AP)........»»

Category: newsSource:  philippinetimesRelated NewsMay 12th, 2018

Proof that Maymay Entrata Is Model-Like Even on Regular Days

Pinoy Big Brotheralum Maymay Entrata is often spotted on the trending pages. She's known for her funny and lighthearted demeanor, as well as one-half of the #MayWard (her and Edward Barber) love team which fans fawn over every time. But recently, the young actress made headlines when rumors spread that she's joiningAsia's Next Top Model. This started when beauty queen Vickie Rushton praised one of her photos and said that she can joinAsNTM. Fans started to express their support for Maymay to pursue the opportunity. Her photos were also posted onAsNTM Cycle 6's Facebook page wherein they said she's a "Wishlist" contestant. Even Tyra Banks herself apparently liked a tweet that featu...Keep on reading: Proof that Maymay Entrata Is Model-Like Even on Regular Days.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2018

Gov’t eyes samurai bond offer by 2nd half

THE Duterte government is looking to issue its first yen-denominated bonds by September or October, the Department of Finance (DoF) said. “We will still go ahead with the samurai (bonds)… Because the Japanese calendar is different, it should be around September or October, the latter half of the (Japanese) fiscal year ending March,” Finance Secretary […] The post Gov’t eyes samurai bond offer by 2nd half appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 1st, 2018

BSP: Financial system sustains growth in 2017

Banks and non-bank institutions continued to support the growth of the Philippine financial system last year, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. In a statement, the central bank said the system “sustained its growth in 2017 with a positive performance amid volatilities in market conditions and the increasing sophistication of global financial [...] The post BSP: Financial system sustains growth in 2017 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 27th, 2018

JAPAN, PH CONDUCT BUSINESS ENVIRONMENT meeting

Ambassador Koji Haneda recently co-chaired the 10th Sub-Committee on Improvement of the Business Environment (SC-IBE) Meeting under the Japan-Philippines Economic Partnership Agreement with Secretary Ramon Lopez of the Department of Trade and Industry. Japanese businessmen operating in the Philippines composed the Japanese side, while the Philippine side had representatives from relevant government agencies. The meeting [...] The post JAPAN, PH CONDUCT BUSINESS ENVIRONMENT meeting appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsApr 22nd, 2018

Loan growth pressuring local banks’ capitalization

Robust loan growth will continue to put pressure on Philippine banks’ capitalization despite being the main driver of profits last year, a debt watcher said. In a new report, Moody’s Investor Service highlighted that banks’ internal capital generation was insufficient to support the current pace of loan growth. “Most banks posted loan growth of 15 [...] The post Loan growth pressuring local banks’ capitalization appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 5th, 2018

Richard Gomez buckles down to work as 18th Asian Games Chef de Mission

Ormoc City Mayor Richard Gomez began his first official activity as the country’s Chef de Mission to the 18th Asian Games in Indonesia this year by sitting down with the joint technical working group of the Philippine Olympic Committee and the Philippine Sports Commission at the Rizal Memorial Sports Complex in Manila on Friday. “We have only four months left before the Asian Games,” said Gomez who immediately buckled down to work upon his appointment as CDM by newly-elected POC President Ricky Vargas. Budget, medical and administrative staffing, delegation size and quotas as well as provisions like luggage, track suits and parade uniforms were among the matters discussed by the 2018 Asian Games Task Force. Gomez imparted that they will not be veering away much from the estimated team size given by previously-tasked 18th AG CDM Julian Camacho.   "We still do not have the final numbers, but there will be not much difference from the previous projection," Gomez clarified, with adjustment seen to be applied for measurable sports. “We are strongly considering the inclusion of men’s basketball and women’s volleyball,” he added.  He also expressed his pleasure in seeing good coordination between Judo and Kurash. PSC Chairman William Ramirez said during the meeting that he shall respect whatever number (delegation size and composition) Gomez will endorse for support of the PSC. “We leave the decision to the POC. The PSC shall support as best we can,” Ramirez remarked. Ramirez also gave orders to assemble a medical team from the PSC’s Philippine Sports Institute to assist Asian Games-bound athletes. This is not the first time Gomez will be leading a delegation to battle in a multi-sporting event.  He was also the Chef de Mission in the 2014 Phuket Asian Beach Games, where the Philippines reached its best finish since the game’s inception in 2008 held in Bali, Indonesia......»»

Category: sportsSource:  abscbnRelated NewsMar 23rd, 2018

PH lawyers’ group to test case at SC vs China

BAGUIO CITY --- The Integrated Bar of the Philippines (IBP) is studying whether it could file a writ of kalikasan in the Supreme Court (SC) against firms contracted by China to build artificial islands in the West Philippine Sea, according to its president. Lawyer Abdiel Dan Elijah Fajardo, who attended the IBP north Luzon legal aid meeting and international humanitarian law seminar here, said the China buildup would have required its contractors to dredge corals to build the platforms that support the islands. The massive land reclamation project of China in West Philippine Sea damaged nine coral reefs which would require thousand of years to recover, he said, citing informati...Keep on reading: PH lawyers’ group to test case at SC vs China.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2018