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PNB to issue up to P20B in high-yield debt notes

Tycoon Lucio Tan-led Philippine National Bank is raising as much as P20 billion from the issuance of high-yield deposit notes, harnessing ample liquidity in the local financial system for its debt management and expansion program. PNB has obtained approval from its board to issue the long-term negotiable certificates of time deposit (LTNCTDs) in one or more tranches, subject to the approval of the Bangko Sentral ng Pilipinas (BSP). "The proceeds will be used to extend the maturity profile of the bank's liabilities as part of overall liability management, support compliance with required BSP liquidity ratios and raise long-term-funds for general corporate purposes," PNB said. LTN...Keep on reading: PNB to issue up to P20B in high-yield debt notes.....»»

Source: Inquirer InquirerCategory: 6 min. ago Related News

Stock price index a point away from 9,000

  The local stock barometer surged to a new high on Tuesday---closing a hairline away from the 9,000 mark---as investors scooped up equities that fell following the report of slower-than-expected fourth quarter Philippine economic growth. The main-share Philippine Stock Exchange index (PSEi) added 48.4 points, or 0.54 percent, to close at 8,999.02, likewise drawing strength from upbeat regional markets. The PSEi advanced for the third straight session and marked its fifth record finish this 2018. Since the start of the new year, the index has gained another 5.1 percent, after rising by 25 percent for the whole of 2017. "The market faltered initially (in morning trade...Keep on reading: Stock price index a point away from 9,000.....»»

Source: Inquirer InquirerCategory: 6 min. ago Related News

Back to drawing board for ailing Djokovic

MELBOURNE — It’s back to the drawing board for ailing 12-time Grand Slam champion Novak Djokovic with his immediate playing future uncertain after an injury-ravaged exit from the Australian Open. The former world no. 1 cut a disconsolate figure as he played to the bitter end in a agonizing defeat to South Korean young gun […] The post Back to drawing board for ailing Djokovic appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance2 hr. 6 min. ago Related News

Monetary Board sets ‘know-your-member’ rules for loan associations

THE Monetary Board (MB) approved on Tuesday new guidelines to protect Non-Stock Savings and Loan Associations (NSSLAs) members and its investments. In a statement on Tuesday, the MB said the guidelines cover the establishment of the true identity and eligibility of persons who want to become members of NSSLAs. “The Know-Your-Member (KYM) guidelines set clear […] The post Monetary Board sets ‘know-your-member’ rules for loan associations appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance2 hr. 6 min. ago Related News

Solaire to give Bloomberry shares to loyal patrons

A UNIT of Bloomberry Resorts Corp. (BRC) has bought P4.24 billion worth of the company’s shares, which will be given as a reward for loyal patrons of Solaire Resorts and Casino. In a disclosure to the stock exchange on Tuesday, BRC said the board of directors of its subsidiary Bloomberry Resorts & Hotels, Inc. (BRHI) […] The post Solaire to give Bloomberry shares to loyal patrons appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance2 hr. 6 min. ago Related News

Landbank board gives green light to acquire 66.67% stake in PDS

THE LAND BANK of the Philippines’ (Landbank or LBP) board of directors approved in its meeting yesterday the move to acquire a majority stake in the country’s fixed-income exchange, putting the state bank in competition with the Philippine Stock Exchange (PSE) in this regard. “LBP Board just approved in principle to acquire at least 66.67% […] The post Landbank board gives green light to acquire 66.67% stake in PDS appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance2 hr. 6 min. ago Related News

Two persons facing child abuse raps fall

ROXAS CITY, Capiz—Two persons wanted for violation of anti-child abuse law were arrested separately by the police afternoon of Jan 22, 2018 in Dao, Capiz. Jerlyn dela Cruz, 20, was nabbed at her house in Brgy. Nasunugan, Dao; while Reniel Argonosa, 23, was arrested at his residence in Poblacion Ilaya also in Dao town. Dela […] The post Two persons facing child abuse raps fall appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 19 min. ago Related News

Drug surrenderee nabbed for ‘shabu’

ROXAS CITY, Capiz – A surrenderee to the PNP’s Oplan Tokhang in Pontevedra, Capiz was arrested for alleged illegal drug peddling afternoon of Jan. 22, 2018 at Brgy. Candual, Panay town. The Provincial Drug Enforcement Unit (PDEU) of the Capiz Police Provincial Office and Station Drug Enforcement Units (SDEU) of Panay, Maayon and Panitan towns […] The post Drug surrenderee nabbed for ‘shabu’ appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 19 min. ago Related News

Lending firm employee falls to ‘swindlers’

A LENDING firm employee fell victim to budol-budol or swindling scheme afternoon of Jan. 22, 2018 in Passi City, Iloilo. Ma. Pilar Gravanzo, 29, secretary of Frens Lending Investor, allegedly lost P75,000 of the firm’s money to at two unidentified suspects. Gravanzo, a resident of Barangay Nueva Union, Passi City, said the incident happened 3:30 […] The post Lending firm employee falls to ‘swindlers’ appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 19 min. ago Related News

Councilor wants to regulate use of plastic straws

Iloilo City Councilor Lady Julie Grace Baronda wants to regulate the use of plastic drinking straws and plastic/cellophane container of beverages. During the Sangguniang Panlungsod’s (SP) session on Jan. 23, 2018, Baronda said her proposal intends to promote alternative environment-friendly practices as done in other urban cities such as Makati. Citing various studies, she said […] The post Councilor wants to regulate use of plastic straws appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 19 min. ago Related News

ALL SET FOR 2018 ILOILO FESTIVAL QUEEN & HIYAS SANG ILOILO PAGEANT TODAY!

Page Maker: Zedrick Señeres ALL roads today lead to the much-awaited 2018 Iloilo festival Queen and Hiyas sang Iloilo with the lovely candidates vying for these prestigious titles in a glittering beauty pageant today, Jan 24, 2018, at 5:30 p.m., at the sprawling Fountain Area of Robinsons Place Iloilo. “The 18th edition of the beauty […] The post ALL SET FOR 2018 ILOILO FESTIVAL QUEEN & HIYAS SANG ILOILO PAGEANT TODAY! appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

Table tennis, football games to kick off in Negros

TOP PADDLERS in the country will converge in the 2018 BacoLaodiat Age-Group Invitational Table Tennis Championship on Feb 16-18 at Lopue’s San Sebastian, Annex Building in Bacolod City. Lopue’s Table Tennis Association (LOPTTA) headed by its president Leonito “Diotay” Lopue said the three-day games will give players another chance to compete in a highly-competitive event. […] The post Table tennis, football games to kick off in Negros appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

Top teams, celebrities to join TriAksyon Year 2

TOP teams and famous triathletes in the country will join the second edition of the Capiz International Triathlon competition on April 14-15, 2018. Dubbed TriAksyon Year 2, the tournament, which is in line with Capiz’s annual CAPIZtahan celebration on April 13-15, is expected to attract celebrities Gerald Anderson and Kim Chiu, and SEA Games medalists […] The post Top teams, celebrities to join TriAksyon Year 2 appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

CARTOON FOR January 24, 2018

The post CARTOON FOR January 24, 2018 appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

No Tatay Digong in 'GoldenDinagyang

PRESIDENT Rodrigo Duterte is not attending the highlights of the Iloilo Dinagyang Festival on Jan 27-28, 2018, according to Iloilo City Mayor Jose Espinosa III. Espinosa said President Duterte has to attend to an international function in the next three days. He is expected to return to the country on Jan 27, thus, traveling to […] The post No Tatay Digong in #GoldenDinagyang appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

HANDS OFF: Council nixes call to remove on-road kiosks

THE proposed resolution of Iloilo City Councilor Joshua Alim urging the Department of Public Works and Highways (DPWH)-Iloilo City Engineering District to “summarily and immediately” demolish the kiosks occupying a lane of the busy Rizal Street in Jaro district was shelved. In their regular session on Jan 23, 2018, no one from the majority bloc […] The post HANDS OFF: Council nixes call to remove on-road kiosks appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News2 hr. 53 min. ago Related News

LPU-backed Zark s chomps down on Batangas-EAC

Zark’s Burger-Lyceum of the Philippines University finally lived up to the hype as it clobbered Batangas-Emilio Aguinaldo College to score a 37-point beatdown, 112-75, and register its first win in the 2018 PBA D-League Aspirants’ Cup on Tuesday at the Pasig City Sports Center. It was an all-out attack from the Jawbreakers as they beat the Generals to the bite and took control of the game early with Mike Nzeusseu and Jaycee Marcelino guiding their side to a 48-33 lead at halftime they never surrendered. CJ Perez paced Zark’s with 21 points and 10 rebounds while MJ Ayaay tallied a double-double of his own with 15 markers and 10 boards to go along with three assists. Cameroonian Nzeusseu also delivered 14 points, 11 rebounds, and two assists while Marcelino had eight first half points and wound up with 12 off the bench as the reserves chipped in 56 huge points in the tussle. Coach Topex Robinson lauded the Jawbreakers for quickly adjusting to the style of play in the PBA D-League just days after falling to Marinerong Pilipino, 92-94, back in opening day. “Medyo adjusted na kami on everything, but the things we want to mind are those things we control. We just have to keep on doing what we are doing. It’s more on replenishing na lang on our old ways,” he said. Earvin Mendoza and Cedric de Joya both had 16 points for the Generals in the losing effort. BOX SCORES ZARK’S BURGER-LPU 112 — Perez 21, Ayaay 15, Nzeusseu 14, Jc. Marcelino 12, Serrano 10, Baltazar 8, Santos 8, Jv. Marcelino 6, Tansingco 6, Marata 4, Liwag 4, Ibañez 2, Cinco 2, Pretta 0. BATANGAS-EAC 75 — E. Mendoza 16, De Joya 16, Tampoc 12, Laude 9, Pate 8, Maguliano 6, Altamirano 5, Diego 3, Garcia 0, Dela Peña 0, Martin 0, J. Mendoza 0, Neri 0. QUARTER SCORES: 19-14, 48-33, 84-47, 112-75......»»

Source: Abscbn AbscbnCategory: Sports4 hr. 32 min. ago Related News

LOOK: Kobe s 'Dear Basketball' gets Oscars nom

Kobe Bryant has won championship rings and MVP awards, but he could soon be adding an Oscar to his mantle. Bryant's "Dear Basketball" was nominated in the Best Animated Short category for the 2018 Oscars, it was announced Tuesday (Tuesday evening, PHL time). Congrats to our Animated Short nominees! #Oscars #OscarNoms pic.twitter.com/cgwyaTEUzJ — The Academy (@TheAcademy) January 23, 2018 Based on the poem written by Bryant to announce his retirement back in 2015, the short was directed by Disney veteran Glen Keane, who was also the supervising animator. Legendary composer John Williams did the music. "Dear Basketball" was previously nominated for a 2018 Annie Award and won a Special Jury Award at the 2017 World Animation Celebration, per IMDB.com. Bryant expressed shock and joy at the nomination, posting on Instagram: "What?? This is beyond the realm of imagination. It means so much that The Academy deemed #DearBasketball worthy of contention. Thanks to the genius of @glenkeaneprd & John Williams for taking my poem to this level. It’s an honor to be on this team."   What?? This is beyond the realm of imagination. It means so much that The Academy deemed #DearBasketball worthy of contention. Thanks to the genius of @glenkeaneprd & John Williams for taking my poem to this level. It’s an honor to be on this team. #OscarNoms A post shared by Kobe Bryant (@kobebryant) on Jan 23, 2018 at 5:41am PST.....»»

Source: Abscbn AbscbnCategory: Sports4 hr. 32 min. ago Related News

Ceres Negros stuns Brisbane Roar to advance in AFC Champions league

  Filipino football club Ceres Negros FC went into enemy territory and came away victorious, taking down Brisbane Roar 3-2, Tuesday afternoon in Brisbane, Australia to advance into the playoff round of the 2018 AFC Champions League.  The two-time A-League champions got off to a hot start after Massimo Maccarone got the home team on the board in the 35th minute.  Spanish star striker Bienve Marañon came up big for the visiting UFL champions once again, as he hit the equalizer in the 43rd minute to keep Ceres in the match.  Marañon kept it going as he converted once more in the 65th minute to give the Pinoy side the advantage.    Omid Nazari put the match out of Brisbane's reach after scoring in the 75th minute to make it a 3-1 advantage for Ceres Negros.  Eric Bautheac pulled one back in the 86th minute to make it a 3-2 match, but that would be the last of it as Ceres Negros held on for what many consider to be a massive upset.  After wins over Shan United and Brisbane Roar, Ceres Negros will continue their AFC Champions League campaign into the playoff round, where they'll be taking on Chinese Super League club Tianjin Quanjian at the Tianjin Olympic Center Stadium in Tianjin, China on January 30th.  The winner of that matchup will advance into the group stages.  No Filipino club has ever qualified for the annual tournament, which means Ceres Negros is one win away from making Filipino football history. .....»»

Source: Abscbn AbscbnCategory: Sports4 hr. 32 min. ago Related News

What to Expect at ComicCon Asia 2018!

MANILA, Philippines – ICYMI: Stan Lee, the father of Marvel Comics, is coming to Manila to attend the very first ComicCon Asia on March 24 and 25! But that’s not all the big event has in store. As ComicCon Asia event producer Pauline Sofia Laping pointed out, “What makes ComicCon ........»»

Source: Rappler RapplerCategory: News5 hr. 6 min. ago Related News