Tag: bworldonline
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Vista Land subsidiary eyes 5-year dollar notes issuance
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VILLAR-LED property developer Vista Land & Lifescapes, Inc. announced on Monday that its wholly owned subsidiary is considering a five-year, dollar-denominated, fixed-rate notes issuance as part of its fundraising efforts. Vista Land’s VLL International, Inc. may issue senior unsecured fixed-rate notes under its $2-billion medium-term note program, the property developer…
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External debt payments fall by 20%
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THE PHILIPPINES’ external debt service burden fell by 19.8% as of end-April as principal payments declined, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary data from the central bank showed that the country’s debt service burden on its external borrowings dropped to $4.64 billion in the January-April period…
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Marcos told to get real as he delivers address in his 3rd year
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ARTHUR UGBANIEL, a 29-year-old professional who studied to become a chef, has been operating a motorcycle taxi for about a year now, having failed to find a job that pays well.
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Firms urged to boost IT contingency plans after global tech outage
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THE GLOBAL tech outage caused by a botched software update by a cybersecurity firm CrowdStrike Holdings, Inc. has highlighted the need for companies to enhance and strengthen their information technology (IT) contingency plans, analysts said.
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‘Broader access to indigenous gas needed to boost competition’
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OTHER energy companies should be given access to explore indigenous gas to enhance competition and efficiency, an analyst said.
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5 energy firms eye Laguna hydropower complex — PSALM
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STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) said the 796.64-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) complex in Laguna has attracted five potential bidders. Marubeni Corp., Semirara Mining and Power Corp., Thunder Consortium, First Gen Prime Energy Corp., and Giga Ace 11, Inc. participated in the pre-proposal…
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Gen Z and Millennial stars unite for wide-leg pants
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UNIQLO is trying to make a statement with wide-leg pants, and they did it with a style talk with two stars. During a July 18 event at the SM Mall of Asia, Uniqlo tapped celebrities Jericho Rosales and Donny Pangilinan to talk about their style preferences, along with stylists Cath…
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Right-of-way issues cause delays in infrastructure projects
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Right-of-way (RoW) issues caused a delay in the progress of government infrastructure projects, InfraWatch PH Convenor Terry Ridon said to BusinessWorld. “One of the reasons there had been delays in particular projects, particularly not on PPPs, but on ongoing projects, was because of the right of way issue,” he said. …
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Makati LGU is making the city better
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Mayor Abby Binay is proud of Makati’s achievements, such as better education, better health services, and much more. Nonetheless, beyond historical sites, entertainment, and shopping, there is so much more to see in Makati. Mayor Binay invites the public to visit and experience the Better Makati. Spotlight is BusinessWorld’s…
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Digital services on Windows hosts experience outage due to CrowdStrike update
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Digital services on Windows hosts have experienced an outage due to a faulty software update. CrowdStrike’s Falcon Sensor, a software designed to protect computer systems from cyberattacks, is reported to be the cause. Services from flights, finances, media, and telecommunication have been affected by the global outage. In the Philippines,…