REUTERS THE PHILIPPINE government on Wednesday launched another dollar bond offering aimed to raise funds to cushion the impact of the coronavirus pandemic on the economy. The offering of 10.5-year and 25-year US dollar-denominated bonds would carry a yield of around 100 basis points above the 10-year US Treasury benchmark, […]
PHL launches US dollar bond issue
REUTERS THE PHILIPPINE government on Wednesday launched another dollar bond offering aimed to raise funds to cushion the impact of the coronavirus pandemic on the economy. The offering of 10.5-year and 25-year US dollar-denominated bonds would carry a yield of around 100 basis points above the 10-year US Treasury benchmark, […]
Nielsen expects FMCG sales growth this holiday season
By Jenina P. Ibañez, Senior Reporter NIELSEN expects growth in fast-moving consumer goods (FMCG) sales in the Philippines during the holidays, led mostly by food and baking product sales. Nielsen Retail Intelligence Managing Director for the Philippines Patrick Cua said the current lockdown protocols will mean that Filipinos will continue […]
El Paso Continues to be a Battleground for COVID-19
TOP STORIES _____________________________________________________________________________ China’s Determination to Collect Moon Rocks Study Shows the Coronavirus May Have Been in the US as Early as December Moderna Moves for Emergency Vaccine Approval Shipping Deadlines for the Holidays The highest court in Philadelphia is considering Bill Crosby’s case in regard to his history of […]
Peso flat as Biden eyes stimulus
THE PESO closed flat versus the dollar on Wednesday amid the anticipated distribution of vaccines against the coronavirus disease 2019 (COVID-19) and after US President-elect Joseph R. Biden, Jr. asked Congress to pass a relief package. The peso closed at P48.05 against the dollar on Wednesday, unchanged from its Tuesday […]
Barangay Ginebra buries TNT to 2-0 series hole
By Michael Angelo S. Murillo, Senior Reporter The Barangay Ginebra San Miguel Kings raced to a 2-0 lead over the TNT Tropang Giga in their best-of-seven PBA Philippine Cup finals series after going on a late surge to take Game Two, 92-90, on Wednesday at the Angeles University Foundation Sports […]
OPEC’s lost its team spirit
OPEC’s historic output agreement may be teetering on the edge of collapse. It wouldn’t be in the interest of a single cartel member, but then nor was letting that last deal implode in March. Ignoring the risk of another breakdown seems blinkered. What was meant to be a pretty straightforward […]