Tag: bworldonline
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Debt service bill jumps in May
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THE NATIONAL GOVERNMENT’S (NG) debt service bill jumped year on year in May due to a surge in interest payments, the Bureau of the Treasury (BTr) said. Data from the Treasury bureau showed that debt payments rose by 40.64% to P68.98 billion in May from P49.05 billion in the same…
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143 PPP projects in the pipeline — NEDA
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THE GOVERNMENT has 143 public-private partnership (PPP) projects valued at P3.095 trillion in the pipeline as of July, with new projects centered on health and waste management, the National Economic and Development Authority (NEDA) said. “The number of pipeline projects has grown over these past few months. As of early…
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Hartwood Village: A human-centric design philosophy
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Human-centric design places people at the heart of architectural innovation. It considers people’s lifestyle needs and aspirations, creating real estate solutions to build a better community living experience. Keeping its residents in mind, premier real estate developer Federal Land, Inc. integrates human-centric design principles into its latest residential development…
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PH1 targets expansion with 200 hectares for future projects
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REAL estate developer PH1 World Developers, Inc. is eyeing 200 hectares of land in the next two years to support the company’s development plans, its top official said.
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Tap into AI with the OPPO Reno12 Series 5G, now available in the Philippines
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Leading global smart device brand OPPO enables more Filipinos to access AI smartphone innovations and technologies with the official launch of the OPPO Reno12 Series 5G this July 12. The two newest Portrait Experts are now available nationwide – the OPPO Reno12 5G and OPPO Reno12 Pro 5G – redefine…
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No “safe levels” in Alcohol drinking – DOH
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The “safe level ” notion of alcohol consumption was debunked by the Department of Health (DOH) as a recent study showed that no amount of alcohol consumption is considered safe for health. “Alcohol itself [being a] psychoactive neurotoxic and even oxidative agent [that can] cause organ damage is link to…
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PHL likely to be ‘big winner’ once India eases rice export restrictions
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THE PHILIPPINES is seen to benefit the most from an expected decline in global rice prices once India relaxes restrictions on rice exports, Nomura Global Markets Research said. “We expect the Philippines to be the biggest winner in Asia, given the high share of rice in its consumer price index…
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Marcos appoints top banker to MB
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PRESIDENT Ferdinand R. Marcos, Jr. has appointed banker Walter C. Wassmer to the Bangko Sentral ng Pilipinas’ (BSP) rate-setting body, according to a Palace statement. Prior to his appointment, Mr. Wassmer was a consultant and nonexecutive director of Sy-led BDO Unibank, Inc., the country’s largest bank in terms of assets.…
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PHL banks’ total assets up 12.4% as of end-May
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THE PHILIPPINE banking industry’s total assets jumped by an annual 12.4% as of end-May, Bangko Sentral ng Pilipinas (BSP) data showed.
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You win some, you lose some in peso battle
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THE PHILIPPINE peso’s steady decline against the dollar — an almost two-year record low — is no longer a black-and-white case of exporters and other dollar earners winning and heavy corporate borrowers losing big time.