Jollibee to redeem $600-M perpetual securities
BW FILE PHOTOJOLLIBEE FOODS Corp. (JFC) is set to redeem its $600-million guaranteed senior perpetual capital securities on Jan. 23, the company announced on Thursday.The issuance will be redeemed through JFC’s subsidiary Jollibee Worldwide Pte. Ltd. (JWPL), the listed food
Nowhere to go but Net Zero
FREEPIK(Part 1)WE’RE ALL AWARE that 2023 was a harsh year for our planet. It was the hottest year on historical record by a substantial margin of +0.15°C over the previous high set in 2016; and it’s most likely the hottest
Renowned theater director Bobby Garcia, 55
BOBBY GARCIA, a director and producer who made his mark on both Broadway and the Philippine theater scene, died on Wednesday, Dec. 18. He was 55.Mr. Garcia’s passing was publicly announced by talk show host Boy Abunda on Wednesday evening
SM Prime plans P25-B fixed-rate bond offering
BW FILE PHOTOLISTED property developer SM Prime Holdings, Inc. is seeking approval from the Securities and Exchange Commission (SEC) to issue fixed-rate bonds to raise up to P25 billion.Under its application submitted to the SEC, the oversubscription option of up
How cities are reinventing the public-private partnership: Four lessons from around the globe
FREEPIKCities tackle a vast array of responsibilities — from building transit networks to running schools — and sometimes they can use a little help. That’s why local governments have long teamed up with businesses in so-called public-private partnerships. Historically, these