Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
Diokno says minimum offering for bonds is P5,000 allowing small investors to contribute to PHL dev’t (Eagle News) – The Philippine government’s Bureau of Treasury has launched the 28th tranche of its retail treasury bonds that “allow investors to contribute to nation-building while growing their hard-earned savings with better returns.” The Department of Finance said that this is the first offering under the administration of President Ferdinand Marcos Jr. “This issuance serves as an […]
by Anuj Chopra RIYADH, Saudi Arabia (AFP) — Top finance moguls and political leaders attended a Davos-style Saudi investment summit on Tuesday, in stark contrast to last year when outrage over critic Jamal Khashoggi’s murder sparked a mass boycott. Organisers say 300 speakers from over 30 countries, including American officials and heads of global banks and major sovereign wealth funds, are attending the three-day Future Investment Initiative (FII), nicknamed “Davos in the desert”. A […]
by Anuj Chopra Agence France Presse RIYADH, Saudi Arabia (AFP) — Saudi Arabia will host a key investment summit on Tuesday, overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw. Just ahead of the three-day Future Investment Initiative (FII), dubbed “Davos in the desert”, the kingdom sought to defuse the crisis with an about-face admission on Saturday that the journalist died in its […]
TOKYO, Japan (AFP) — Japan’s SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank announced in March it would partner Saudi Arabia on a multi-billion dollar solar project that the company’s founder called the largest in the world. NHK said the massive investment in India […]
TOKYO, Japan (AFP) — Toyota said Wednesday it was investing $1 billion in Asia ride-share company Grab, as the Japanese automaker looks to expand beyond its core business into the “mobility” sector. Grab, which is headquartered in Singapore, is a leading player in the ride-share industry in Asia, and earlier this year agreed to acquire US giant Uber’s regional operations. In a statement, Toyota said the deal “is aimed at achieving connectivity for Grab’s rental […]
(Eagle News) — Inilunsad ng Bureau of Treasury ang makabagong paraan ng pag-iinvest sa tinatawag na Retail Treasury Bonds (RTB). Ito na ang dalawampu’t isang issuance ng RTB ng Philippine government at kauna-unahan ito ngayong 2018. Sa halagang P5,000 pesos maaari nang makapag-invest ang sinuman. Bukod sa pansariling kapakanan na investment ay malaking tulong din anila ang RTB dahil nakakatulong ang isang investor sa mga pangunahing proyekto ng gobyerno tulad na lamang ng infrastructure program. […]
(Eagle News) — President Rodrigo Duterte on Saturday, April 28, urged foreign businessmen to invest in the country, as he revealed plans to set up a hotline where they could report any irregularities when they deal with the government. “And if you have any misgivings, just call me. Especially if it’s about corruption, I will give you time to talk to me,” he said. He urged the businessmen not to give in to the demands […]
(Eagle News)–The Philippines is the best country to invest in this 2018, a US News report said. In coming up with the list, US News said it took into account a World Bank Group report that enumerated four factors that prompt individuals and corporations to invest in a country’s “natural resources, markets, technologies, or brands”—the country’s people, environment, relationships, and framework. For the best countries to invest in ranking, US News said it focused on eight […]
by Clare Byrne Agence France-Presse PARIS, France (AFP) m– President Emmanuel Macron has “completely changed” France’s image, telecoms billionaire Xavier Niel said Wednesday, crediting the youthful, pro-business politician with attracting an influx of tech talent. “He has given France a pro-startup, pro-entrepreneur image abroad that we did not really have before,” said Niel, who bankrolled a giant startup incubator on the banks of the Seine river in Paris that opened a month after Macron’s election […]
MANILA, Philippines (AFP) — The Philippines on Monday was handed a credit rating upgrade from international agency Fitch which raised the nation’s sovereign rating by one level, citing continued investor confidence despite a deadly drug war. President Rodrigo Duterte has launched an unprecedented crackdown on drugs that has killed thousands and sparked widespread condemnation of alleged extrajudicial killings from rights groups and Western powers. The bloody campaign has also risked detering investors from one of […]
HONG KONG, China (AFP) — Technology and energy firms were the biggest losers as Asian markets tumbled on Wednesday, extending a retreat across Europe and New York. A global equity rally has hit the buffers this week as the US probe into Russia’s alleged election meddling sows uncertainty, Britain struggles to reach a Brexit deal with the European Union and traders remain cautious about Washington’s ability to push through tax cuts. A key drag for […]
OUAGADOUGOU, Burkina Faso (AFP) — France is setting up a billion-euro ($1.2 billion) fund for small- and medium-sized African businesses, President Emmanuel Macron announced Tuesday. Macron, visiting Burkina Faso at the start of his first African tour, said the money could be used to help firms maximise value from agriculture, but also the digital sector. The money will be provided by the France’s Public Investment Bank, which offers firms tailored funding, and the French Development Agency. Macron […]
