Overseas Filipinos invest in retail T-bonds
As the Bureau of the Treasury made available the five-year retail treasury bonds (RTB) it recently offered on more online channels as well as via a mobile app, Filipinos living…
Vietnamese firms increase overseas investment
Metfone, a telecommunications project of Viettel in Cambodia.Vietnamese firms were increasing their overseas investments in recent years in an effort to expand their global reach. Viettel via Viet Nam News/Asia…
SMC raises $500M from overseas perpetual bond sale
An artist’s rendition of SMC’s Bulacan airport project Conglomerate San Miguel Corp. has raised $500 million from an issuance of US dollar-denominated perpetual bonds – its first foray in the…
Manila Water set to issue ‘sustainability bonds’ overseas
Manila Water Co. Inc. is considering issuing US dollar-denominated “sustainability bonds” abroad, intended for refinancing debt and funding their capital expenditure for this year and next. Manila Water made the…
PH foreign debt steady in Q1 as pandemic caps overseas borrowings
MANILA, Philippines – The outbreak of the coronavirus pandemic helped cap foreign borrowings by public and private entities in the first quarter, resulting in only a small uptick of the…
Mitsubishi Aircraft closing overseas locations, cutting jobs
SEATTLE — Mitsubishi Heavy Industries is cutting hundreds of jobs in Washington state and shuttering its U.S. operations for the troubled SpaceJet project, the company said Friday. “Due to the…
Overseas Filipinos’ remittances still up ahead of COVID-19 outbreak
Dollar remittances of expatriate Filipinos continued to rise in February just as the coronavirus pandemic was starting to spread around the world, data from the central bank showed, but it…
Donated PPEs from overseas exempt from donor’s tax
Imported personal protective equipment (PPE) and other medical supplies to be used in the fight against the new coronavirus disease (COVID-19) will not only enjoy tax- and duty-free entry but…