REUTERS THE MARCOS administration raised $2 billion (P118 billion) from its first dollar bond issuance, the Bureau of the Treasury (BTr) said. The BTr sold $500 million worth of five-year bonds priced at 5.17% or US Treasuries plus 120 basis points (bps). It also sold $750 million worth of 10.5-year bonds with a yield of 5.609% or US Treasuries plus ...

Workers are seen cleaning windows of a building in this Aug. 15 photo. The unemployment rate stood at 5.3% in August, the government reported. — PHILIPPINE STAR/ EDD GUMBAN THE UNEMPLOYMENT RATE inched up month on month in August, while job quality continued to worsen, the Philippine Statistics Authority (PSA) said on Thursday. Preliminary results from the PSA’s Labor Force ...

Shoppers are seen at an open-air market in Manila. — PHILIPPINE STAR/ EDD GUMBAN THE ASEAN+3 Macroeconomic Research Office (AMRO) kept its growth projection for the Philippines this year, but cut its gross domestic product (GDP) forecast for 2023 amid inflationary pressures and the threat of a global recession. In the AMRO Regional Economic Outlook Update released on Thursday, the ...

The South Commuter Railway is part of the 147-km North-South Commuter Railway network. — COURTESY OF THE DEPARTMENT OF TRANSPORTATION THE ASIAN Development Bank (ADB) called for vigilance on the implementation of the South Commuter Railway Project, which is being funded by a $4.3-billion loan to the Philippine government. The government, represented by Transportation Secretary Jaime J. Bautista, signed on ...

SINCE the premiere of Drag Race Philippines, viewers have witnessed the competing queens in a beauty pageant, serving twinning looks on the runaway with their loved ones, and becoming an OPM icon for a day. Every week they are critiqued by a panel of judges, and one is dropped until there is one last queen standing. Drag Race Philippines judge ...

METRO MANILA is one of the stops on three-time Grammy Award-winning R&B singer-songwriter Ne-Yo’s Live in Concert tour. He will be performing at the Smart Araneta Coliseum in Quezon City on Jan. 23, 2023. Ne-Yo recently released his 8th studio album, Self Explanatory, which includes collaborations with Yung Bleu, Jeremih, Trippie Redd, and Zae France. It contains singles such as ...

SHARES in Eagle Cement Corp. surged nearly 4% on Thursday as its majority shareholders agreed to sell their holdings to a unit of listed conglomerate San Miguel Corp. (SMC), prompting the buyer to set a mandatory tender offer of the cement maker’s shares. In a disclosure, Eagle Cement said it was advised by its majority shareholders about the signing of ...

Christian Bale, John David Washington, and Margot Robbie on the set of Amsterdam LOS ANGELES — In the new movie Amsterdam, Christian Bale, John David Washington and Margot Robbie play friends who are reunited years later and accused of murder. The film from Oscar-nominated director David O. Russell, which debuts in theaters on Friday (it is now showing in the ...

BW FILE PHOTO SAN MIGUEL CORP. (SMC) said on Thursday that it will sell its power plants’ output to the wholesale electricity spot market (WESM) and will enter into bilateral contracts with off-takers after it failed to secure the energy regulator’s nod on its rate hike petition. In a stock market disclosure, SMC assured that it will continue supplying power ...

1 of 10 Hip-hop artists hold mall show UNIVERSAL Records Philippines presents Young Blood, a mall show on Oct. 8 at Robinsons Manila. This event will be headlined by some of the most sought-after OPM hip-hop acts and artists today — Hero, Yuridope, and Shanti Dope. There will also be activities for fans including interactive games on stage before the ...