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BDO funds 28 green projects from P52.7 billion bond proceeds
Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
DepEd orders immediate removal of admin tasks from teachers’ workload
MANILA, Philippines — The Department of Education (DepEd) has officially ordered the immediate removal of administrative tasks from teachers’ workloads on Friday. The issuance of Department Order (DO) 002 came a day after Vice President and Education Secretary Sara Duterte announced the said initiative during her presentation of the 2024 Basic Education Report. “This DO.....»»
Philippines bans poultry imports from Japan due to bird flu outbreak
MANILA, Jan. 18 (Xinhua) -- The Philippines has imposed a temporary ban on the importation of poultry and poultry products from Japan due to an outbreak of bird flu there, the Philippines' Department of Agriculture said Thursday. The department said Philippine Agriculture Secretary Francisco Tiu Laurel signed the order on Wednesday to immediately suspend the issuance of sanitary and phytosanitary import clearanc.....»»
Philippines bans poultry imports from Japan due to bird flu outbreak
MANILA, Jan. 18 (Xinhua) -- The Philippines has imposed a temporary ban on the importation of poultry and poultry products from Japan due to an outbreak of bird flu there, the Philippines' Department of Agriculture said Thursday. The department said Philippine Agriculture Secretary Francisco Tiu Laurel signed the order on Wednesday to immediately suspend the issuance of sanitary and phytosanitary import clearanc.....»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
RCBC raises $400 million from oversubscribed sustainability notes
Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
BDO funds projects to address water crisis
Three major projects that address water scarcity and preserve clean water resources benefited from a $100-million blue bond issuance of BDO Unibank Inc......»»
Debt balloons to P14.8 trillion
The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»
PNP will not enforce arrest warrant for Duterte if ICC issues one
MANILA, Philippines — If the warrant of arrest from the International Criminal Court (ICC) for former President Rodrigo Duterte ever comes out, the Philippine National Police (PNP) will not enforce it, according to its spokesperson Col. Jean Fajardo. Although PNP has no confirmed information on the issuance of the arrest warrant, Fajardo said it will.....»»
Treasury raises P81 billion from T-bill sale in January
The government borrowed a total of P81 billion through the issuance of short-term securities this month, exceeding its target after it upsized offers at the onset of the new year......»»
PBCom eyes P2 billion from new bond issue
The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»
A Brown targets P1.5 billion from preferred share sale
A Brown Co. Inc. is targeting to raise up to P1.5 billion from the sale of preferred shares......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
NEDA pushes for EO to strengthen RDCs’ role
The National Economic and Development Authority is pushing for the issuance of an executive order aimed at strengthening the role of Regional Development Councils as part of efforts to achieve inclusive growth and development......»»
Fruitas raises P200 million from corporate notes
Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»
RTB issue hikes borrowings to P420 billion in February
The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»
Duterte disapproves preventive suspension order vs Jubahib
FORMER President Rodrigo R. Duterte (FPRRD) expressed his disapproval of the issuance of a preventive suspension order against Davao del Norte Governor Edwin Jubahib......»»
Marcos tightens protocol plate issuance to curb misuse
President Ferdinand Marcos Jr. has issued an order regulating the granting of protocol license plates to government officials following concerns about the increasing prevalence of low-numbered plates......»»