THE GOVERNMENT on Tuesday raised an initial P212.719 billion from its auction of the retail Treasury bonds (RTBs), the third under the Marcos administration and the 30th overall. Meanwhile, the government is also looking to tap the offshore bond market this year to raise about $600 million, Finance Secretary Ralph […]
Philippines needs to have more ‘guardrails’ against systemic risks
MATHIEU STERN-UNSPLASH By Keisha B. Ta-asan, Reporter THE FINANCIAL Stability Coordination Council (FSCC) is looking to put in place “added guardrails” to help mitigate systemic issues, its chair said, amid the market’s growing appetite for “risky” investments on the back of an improving economic outlook. Bangko Sentral ng Pilipinas (BSP) […]
Filipinos seek divorce for another shot at love
PEXELS By Luisa Maria Jacinta C. Jocson, Reporter MARIE O. RIVERA, a 35-year-old legal intake specialist, wants to end her marriage but can’t due to the lengthy and costly legal process in the Philippines. “Not everyone is lucky enough to be in a marriage that’s ideal and will surely last […]
Fed officials eye ‘broadening’ disinflation as new rate-cut test
SOME US Federal Reserve officials, who were surprised by inflation’s rapid descent in 2023, seem to be setting a new bar for interest rate cuts: a broader pullback in price pressures. Last week, both Richmond Fed President Thomas Barkin and Boston Fed President Susan Collins indicated they not only want […]
A cornerstone of sustainable urbanization in the Philippines
Sustainable cities and communities are one of the most significant goals that the United Nations pushes for in its Sustainable Development Goals. Growing urban populations have put a strain on natural resources all over the world, and have hastened the need for affordable housing, basic services, infrastructure, employment, and land. […]
Swiping right to forever: A Tinder success story
DESIGNED BY FREEPIK IT’S A STORY for the times: Boy and Baby Duque (real names of the couple withheld for reasons of privacy) married each other last January in a conventional ceremony, surrounded by their conventional families, after having met quite unconventionally [at least in certain circles] on the dating […]
How to safely use dating apps
FREEPIK OF COURSE, like all the aspects of our lives lived online, online dating comes with a risk. A famous case of an online dating disaster involves Simon Leviev, a psuedonym used by Shimon Hayut, recorded in the 2022 documentary The Tinder Swindler. There, it details how Mr. Leviev defrauded […]
What to expect at Art Fair PH
1 of 2 LONG hoped for projects are finally coming to realization as Art Fair Philippines opens its 11th edition on Feb. 16. It will run until Feb. 18 at The Link car park in Makati City. This is the second time it will be held onsite since the COVID-19 […]
SteelAsia says IPO plans still in the pipeline
STEELMAKER SteelAsia Manufacturing Corp. said that conducting an initial public offering (IPO) is still under consideration and remains part of the company’s strategic plans for the future. The company’s IPO could happen in the next five years, SteelAsia Chairman and Chief Executive Officer (CEO) Benjamin O. Yao told BusinessWorld on the sidelines […]
4PH Program: Government’s tool in addressing the housing crisis
Photo from dhsud.gov.ph The Philippines is currently experiencing a major housing crisis, with the most affected being informal settlers and low-income families. According to the United Nations, informal settler families (ISFs) are estimated at 3.7 million, and half a million of them are living in slums and high-risk areas in […]