PHILIPPINE STAR/ MIGUEL DE GUZMAN MORE than half of students in the Philippines consider temporarily dropping out of school until the coronavirus pandemic ends mainly due to difficulties in technology access for remote learning, according to a survey by a private company. The survey conducted by global software firm Desire 2 Learn (D2L) showed 51% of the respondents want to ...

The Public Works department has ramped up the completion of projects such as the Sta. Monica-Lawton Bridge also known as the Kalayaan Bridge. — PHOTO COURTESY OF DPWH By Beatrice M. Laforga, Reporter THE NATIONAL Government’s budget deficit narrowed in May as the double-digit surge in revenues outpaced spending on base effects, the Bureau of the Treasury (BTr) reported. Preliminary ...

THE BUREAU of the Treasury (BTr) raised its planned borrowings from the local market to P235 billion in July, as it seeks to offer longer tenors amid strong demand and a low-rate environment. In a memorandum posted on its website on Tuesday, the BTr said it is planning to borrow P60 billion via the Treasury bills (T-bills) and another P175 ...

By Jenina P. Ibañez, Reporter MANILA is the 78th most expensive city for expatriates to live in according to Mercer’s 2021 Cost of Living Survey, as the Philippines’ capital city jumped two spots from the previous year’s ranking. Manila tied with Mumbai, India at 78th out of 209 cities in the Mercer survey that compares the costs of 200 items ...

LOCAL GOVERNMENT UNITS (LGUs) could boost their real property tax (RPT) collection by P113.4 billion with the implementation of a project that will digitize their tax valuation and collection processes, the Finance department said. Data from the Bureau of Local Government Finance (BLGF) showed the Local Governance Reform Project (LGRP) is estimated to increase real property tax collection by 61.7% ...

THE Department of Energy (DoE) has ordered National Grid Corp. of the Philippines (NGCP) to speed up the acquisition of the required ancillary services (AS) to ensure the electric grid’s reliability. Signed by Energy Secretary Alfonso G. Cusi, the “advisory” was issued on June 21, or less than a week after the grid system operator announced that it would hold ...

SAN Miguel Corp. (SMC) said that it will be issuing the P30-billion first tranche of its shelf-registered P50-billion fixed-rate bonds next month. The first tranche consists of P20-billion fixed-rate bonds, with an oversubscription option of up to P10 billion. It is comprised of six-year Series I bonds due 2027 with a 3.3832% per annum rate with a put option or ...

SCREENSHOT of Satoshi The Creator – Genesis (by L. Buenaventura and J. Delbo) — NIFTYGATEWAY.COM A COLLABORATION on a minted non-fungible token (NFT) by Filipino artist Luis Buenaventura III and Argentinian comic book artist Jose Delbo began through conversations on Twitter. “He shared an idea that he had about this particular superhero character. And then he asked me if I ...

THE BUREAU of the Treasury fully awarded the 10-year bonds it offered on Tuesday amid strong demand from the market. — BW FILE PHOTO THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it auctioned off on Tuesday as its average rate dropped on strong demand from the market. The Bureau of the Treasury (BTr) borrowed P35 ...

SHAKEY’S PIZZA Asia Ventures, Inc. (SPAVI) introduced plant-based “chicken” nuggets to its menu in partnership with unMeat, a local brand that offers meat-free products. The listed company said in a stock exchange disclosure on Tuesday that “the Goood Nuggets” will be sold nationwide at P179 and is produced in collaboration with unMeat, which is under SPAVI’s sister company, Century Pacific ...