Globe signs P12-B loan deals for capex

GLOBE Telecom, Inc. announced on Thursday that it signed term loan facilities with China Banking Corp. and Philippine National Bank for P5 billion and P7 billion, respectively. The company will use the loans to finance its capital expenditures (capex), Globe said in a disclosure to the stock exchange. The Ayala-led telco targets to spend P70 […]

Peso sinks ahead of BSP decision

THE PESO retreated further versus the greenback on Wednesday due to foreign selling at the stock market and cautiousness ahead of the central bank’s policy review. The local unit closed at P48.805 a dollar on Wednesday, shedding 10.5 centavos from its P48.70 finish on Tuesday, data from the Bankers Association of the Philippines showed. The […]

HYPEBEAST LTD. (0150.HK) Sees Record Profitability Despite Covid-19 Challenges, Looks Ahead To Growth

HONG KONG, Jun 22, 2021 – (ACN Newswire via SEAPRWire.com) – The Board of Directors of Hypebeast Limited (Stock Code: 0150.HK) has announced the Group’s annual results for the year ended 31 March 2021 (“FY2021”). Revenue for the year totaled HK$674.2 million; notably, revenues from the fiscal second half (“2H2021”) were 36.2% higher than revenues […]

Grand Ming Group Holdings Limited Announces Annual Results for the Year Ended 31 March 2021

HONG KONG, Jun 19, 2021 – (ACN Newswire via SEAPRWire.com) – Grand Ming Group Holdings Limited (“Company”, together with its subsidiaries, collectively referred to as the “Group”; 1271.HK) announces its annual results for the year ended 31 March 2021 (FY 2020/21). Highlights:– Revenue amounted to HK$1,492.4 million, an increase of 65.3% from the previous financial […]

Cebu City to use Sinovac on upland residents, aims to finish their vaccination by September

THE Cebu City Government targets to vaccinate the majority of residents in mountain barangays against coronavirus disease 2019 (Covid-19) by September. It started vaccinating them at the Don Bosco Technical College (DBTC) in Barangay Punta Princesa on Friday, June 18, 2021, and at the Barangay Bonbon gym on Saturday, June 19. The DBTC will cater […]

Tabada: Fathers who cook

Papang did not cook. My father-in-law did. The husband does. Papa Peking made “inun-unan (dish simmered in vinegar)” I can still taste: the fragrance of sauteed garlic and onion, the tartness of vinegar, the sly spice of ginger, softness of flesh after the scales peel away from the fish, and, overlaying all these, the sinfulness […]

BSP fully awards 28-day bills

The Philippine central bank raised P100 billion from its auction of short-term securities on Friday even as rates rose on hints by the US central bank of a looming interest rate increase in 2023. The Bangko Sentral ng Pilipinas (BSP) fully awarded the 28-day bills from total bids worth P140.525 billion. The auction was 1.4 […]

Stuff to do (06/18/21)

1 of 6 Robinsons Galleria hosts artisans fair ROBINSONS Malls will host the 5th Made in QC (MIQC) Local Artisans’ Fair to be held at Robinsons Galleria on June 18 to 19. The fair will showcase MIQC purveyors’ hand-crafted products ranging from soaps and candles, bags, to ice cream and jewelry. Over 15 businesses from […]

Wenceslao: Race continues

It’s good that Gov. Gwendolyn Garcia has expressed a willingness to listen to the officials of the Inter-Agency Task Force or IATF regarding the imposed protocols especially in the airport to prevent the spread of the coronavirus in the country. The governor knows we still are in a race considering the low number of vaccinated […]