Venture capital firm 500 Global announced earlier in September the successful close of US$143 million across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia. The new early-stage and growth vehicles demonstrate ...
In an unforgettable night of music, the Watsons Playlist Concert made history as it brought together three of the Philippines’ biggest music sensations in a single concert. The concert featured Ben&Ben, SB19, and Zack Tabudlo, and it was nothing short of a success. Fans and the community ...
Philippine annual inflation in September is expected to settle within the range of 5.3% to 6.1%, the Bangko Sentral ng Pilipinas said. — PHILIPPINE STAR/EDD GUMBANBy Keisha B. Ta-asan, Reporter INFLATION likely quickened in September due to pump price hikes, higher electricity rates, and the peso depreciation ...
REUTERSBy Luisa Maria Jacinta C. Jocson, Reporter THE GOVERNMENT’S retail dollar bond (RDB) sale will likely exceed $1 billion amid strong demand, the Bureau of the Treasury (BTr) said.“We’re seeing the demand, we’re close to the $1 billion initially that we targeted. We are confident that until ...
BW FILE PHOTOTHE ASIAN Development Bank (ADB) is allocating as much as $4 billion worth of loan financing for the Philippines annually starting next year through 2029 to support its development projects.ADB Country Director for the Philippines Pavit Ramachandran said the multilateral lender is looking to earmark ...
REUTERSTHE DEVELOPMENT Budget Coordination Committee (DBCC) is expected to review its macroeconomic and fiscal program assumptions at its next meeting, taking into consideration government underspending and lower growth forecasts from multilateral lenders. Finance Secretary Benjamin E. Diokno told reporters on Friday that the DBCC will see if ...
By Revin Mikhael D. Ochave, ReporterMEGAWIDE Construction Corp. has tied its decision on whether to bid for the P170.6-billion upgrade of the country’s biggest international airport to finding a partner and taking a majority stake in a project consortium.“If there is no partner, then no. If there ...
REAL ESTATE company PH1 World Developers, Inc. (PH1WD) launched two projects valued at P10.6 billion in the greater Manila area, bolstering its horizontal and vertical property portfolio.“Through our newest projects, you will see what PH1WD is about — disruption. We will challenge industry conventions and set new ...
PLDT Inc. expects to launch the first phase of its 11th data center next year, its top official said, as he outlines the listed telecommunications company’s plan to put up more data centers.“VITRO Sta. Rosa is actually our 11th data center. This is going to be up ...
1 of 6HERMES artistic director Nadege Vanhee-Cybulski evoked a country garden for her spring show at Paris Fashion Week on Saturday, seating the audience among wildflowers and grassy borders as she showed sleek coats, silk skirts, and slim, skin-baring dresses.Models marched down a runway strewn with vegetation, ...