The Philippines has re-entered the international bond market for the first time this year with a dual-tranche offering of US dollar-denominated bonds, featuring both 10-year and 25-year maturities. National Treasurer Sharon Almanza confirmed that the government aims to raise at least USD500 million through these US dollar bonds.  The Bureau of the Treasury (BTr) has provided initial pricing guidance for …

The Philippines successfully raised a total of USD3.29 billion from the sale of US dollar and euro-denominated bonds, the Bureau of the Treasury (BTr) announced on Friday. The bond issuance included USD2.25 billion in 10-year and 25-year US dollar bonds and €1 billion (USD1.04 billion) in a 7-year euro bond. Both the 25-year dollar bond and the 7-year euro bond …

State-owned Development Bank of the Philippines (DBP) has successfully raised P11 billion under its latest local bond issuance as part of efforts to diversify its funding sources in anticipation of increased lending activities this year, a top official said. DBP President and CEO Michael O. de Jesus said that the Bank’s Fixed Rate Series 6A Bonds and Fixed Rate Series …

Security Bank has established itself as a key player in the Philippine banking sector, standing out for its strong financial services and customer-centered approach.  The bank differentiates itself by prioritizing the needs of its customers, using their feedback to drive investments in technology and service improvements. In 2024, it launched several initiatives to enhance the overall customer experience. In mid-2024, …

The  Philippine Amusement and Gaming Corporation (PAGCOR) has further reduced its fee rates for Electronic Games (E-Games) from 35 percent to 30 percent effective January 1, 2025 as part of efforts to combat illegal gaming operations. PAGCOR Chairman and CEO Alejandro H. Tengco said rates for E-Games operated by integrated resorts were also reduced to a lower 25 percent to …

The Philippine Postal Corporation (PHLPost) is now offering affordable logistics service to both government and the private sector. PHLPOst said it can now pick up, wrap, and deliver office equipment and other bulk items with the addition of  18 six-wheelers and four wheeler trucks to government and the private sector in need of affordable logistics service.  Postmaster General Luis Carlos …

ACMobility, the mobility solutions arm of the Ayala Group and a leader in electric vehicle (EV) infrastructure, is set to expand its charging network across Makati, one of the leading sustainable cities in Metro Manila.  By the first quarter of 2025, Makati will host 74 fully-operational charging points across 18  locations, including offices, malls, condominiums, and more. This expansion aims …

The Philippine Healthcare and Mercury Wastes Management Project (HCW Project) celebrated  International Zero Waste Month, highlighting the need to promote zero waste practices and principles in the healthcare sector and address challenges in implementing sustainable waste management solutions. The event, dubbed “Zero Waste for Health: Advancing Sustainability in Healthcare Facilities,” was conducted simultaneously in three regions where the HCW Project …

Contecon Guayaquil is enhancing Ecuador’s banana export capabilities with the launch of its first on-dock cold storage facility within the Port of Guayaquil. The Guayaquil Banana Gateway is the first on-dock cold storage facility in the country, which remains as the world’s top banana exporter.  Developed in partnership with Cool Carriers, the facility ensures uninterrupted cold chain preservation from cargo …

As the Philippines enters 2025, the rapid growth of its digital economy has made it a lucrative target for cybercriminals.  Recent data from the Kaspersky Security Network (KSN) reveals that between October and December 2024, over 26.8 percent of Filipino users faced web-borne cyberattacks, placing the country 17th globally for web-related threats.  These statistics underscore the urgent need for robust …