PROPERTY developer Ayala Land, Inc. (ALI) is eyeing more bond issuances that will maintain its balance sheet healthy to help it survive the coronavirus pandemic. In a virtual ceremony to list its P6.25-billion bonds at the Philippine Dealing & Exchange Corp. (PDEx) on Tuesday, ALI Chief Finance Officer Augusto Cesar D. Bengzon said more bond […]Read More
CEBU PACIFIC remains hopeful that it will survive the crisis despite the expected long period of recovery. The budget carrier, operated by Cebu Air, Inc., said it anticipates its recovery to “take longer than expected,” similar to Fitch Ratings’s recent forecast that local airlines will not bounce back to their pre-pandemic passenger volume next year, […]Read More
LEAN S. DAVAL, JR. LOW-COST carrier Philippines AirAsia, Inc. announced Tuesday its latest promotional fares for flights to Boracay Island to support the Tourism department’s efforts to gradually reopen the tourism sector amid the pandemic crisis. “The reopening of Boracay is a great step forward in jumpstarting the travel and tourism industry of the Philippines. […]Read More
THAI ARTIST Rirkrit Tiravanija’s banner “Morgen ist die Frage” (Tomorrow is the question) at the Berlin Berghain nightclub during Berlin Art Week. — WWW.BERLINARTWEEK.DE BUSINESSES are closing left and right, but in this climate, we tend to overlook art and artists. Already a difficult life before the pandemic hit, coronavirus disease (COVID-19) has exacerbated and […]Read More
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