By Riza Lozada Century Properties Group Inc. has secured a loan worth P2.2 billion to pave the way for a joint partnership with the Japanese giant Mitsubishi Corpo to build Forbes Media Tower in Makati.
Read More »Understanding the credit-outlook downgrade
Given the lengthening record of ineptitude and the dreaded possibility that bungling incompetence would accelerate and continue well into the next presidential term, with one candidate capitalizing on the present and promising to pursue more or less the same deal that Benigno Aquino III has been inflicting on us, the news of a recent downgrade from one of the most …
Read More »PNoy should look into PDIC shenanigans
President Aquino needs to look into what looks like Philippine Deposit Insurance Corp. (PDIC) shenanigans as the policy wonks at the government bank receiver have displayed a remarkable difference in their handling of shuttered banks or those with huge government bailouts. The President, who has a firm grasp of economics, needs to ask just a few questions from the officials …
Read More »Social media, the new megaphone for violent perpetrators
Palo alto, California— Tashfeen Malik, the woman involved in last week’s Southern California mass shooting, has another claim to notoriety: She’s the latest in a growing line of extremists and disturbed killers who have used social media to punctuate their horrific violence.
Read More »The 11 countries that haven’t made pledges for climate deal
By Karl Ritter / The Associated Press Le bourget, France— Some are at war, others recovering from natural disasters and some are simply ideologically opposed to the climate deal taking shape in United Nation (UN) talks outside Paris.
Read More »FBI investigates California gun attack as ‘act of terror’
San Bernardino, California— The Pakistani woman who joined her US-born husband in killing 14 people in a commando-style assault is at the center of a massive Federal Bureau of Investigation (FBI) terrorism investigation, yet she remains shrouded in mystery.
Read More »Renminbi in SDR seen to boost Philippines-China trade
By Jerry Maglunog The inclusion of China’s currency, the renminbi, also called yuan, to the basket of currencies that will determine the value of reserves of every member of the International Monetary Fund (IMF) will bolster trading between the Philippines and China, several observers said.
Read More »Lawmaker: Why did PNR stop operations in North Luzon?
By Daryl Rose Virtudazo Rep. Leopoldo Bataoil of the Second District of Pangasinan province has asked the House of Representatives Committee on Transportation and Communications to find out why the Philippine National Railways (PNR) ceased operations in North Luzon and to determine the possibility of its rehabilitation and the eventual resumption of services in the area. Bataoil made the call …
Read More »‘Muhon’ chosen to represent Philippines in 15th Venice International Architecture expo
The National Commission for Culture and the Arts (NCCA) and the Department of Foreign Affairs (DFA), in partnership with the Office of Sen. Loren Legarda, announced the selection of the curatorial proposal titled, “Muhon: Place Markers In The Search For Emerging Identity” by architect Edgardo Ledesma Jr. of the Leandro V. Locsin Partners firm as the country’s representative to the …
Read More »SHFC, Build Change partner for low-cost housing plan
To help address the challenge of providing low-cost and disaster-resilient shelters, Social Housing Finance Corporation (SHFC) forged a partnership with Build Change, a non-governmental, and non-profit organization that provides technical assistance and trains homeowners, contractors, and government officials to build disaster-resistant buildings and houses.
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