Business

Investors flock to PH’s first Panda Bonds issuance

BEIJING, China -- The Philippines today becomes the first ASEAN sovereign to issue Panda bonds. With a tight spread of 35 basis points (bps) above benchmark, the three-year Panda bonds fetched a coupon...

GSIS to bid Port Area properties on May 3

MANILA -- State pension fund Government Service Insurance System (GSIS) has set the bidding date for the sale of its 78-hectare property in Port Area on May 3, 2018. “We are selling the...

Malaysian firm waits NEDA’s nod for P60-B MRT-9 project

KUALA LUMPUR -- Malaysia-based AlloyMTD Group is waiting for the approval of the National Economic Development Authority (NEDA) Board for the Metro Rail Transit-9 (MRT-9), or the East-West Rail project, its executive...

PH taps Malaysian firm to build world-class sport facilities in Clark

KUALA LUMPUR --The Philippines’ Bases Conversion and Development Authority (BCDA) has partnered with Malaysian developer MTD Capital Berhad in building sports facilities in the country that will be used for the Southeast...

PAL ties up with Amadeus to improve services

MANILA -- With the goal of providing a better experience for its clients, flag carrier Philippine Airlines (PAL) has just partnered with Amadeus Altea Suite, a passenger service system that streamlines...

SSS surpasses 2017 target revenue

MANILA – The state-run private pension fund Social Security System (SSS) surpassed its 2017 target revenue, with PHP200.5 billion in total earnings from members’ contributions, investments, and other income last year. The agency's...
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