Category: General

Manila: The Philippine bond market continued to grow in the second quarter of the year but at a slower pace than the recorded expansion in the first quarter. In its Asia Bond Monitor report released on Monday, the ADB said the total bonds amounted to PHP12.5 trillion (USD213.8 billion) in the second quarter, up by 1.9 percent quarter-on-quarter. The expansion in the second quarter was slower than the 2.8 percent growth in the first quarter of the year. “Reduced issuance in both the government and corporate segments moderated the expansion of the Philippines’ local currency bond market,” the ADB said.

IPOH, A retired banker suffered a loss of RM1.44 million (RM1,440,969.83) after being duped by syndicate members claiming to be from the Malaysian Communications and Multimedia Commission (MCMC) and police in a phone scam. Perak Police chief Datuk Azizi Mat Aris said that on Aug 11, the 65-year-old female victim was at home in Taiping when she received a phone call at about 5.14 pm from a woman who introduced herself as an officer from MCMC. He added that the suspect told the victim that her bank card was entangled in money laundering, before the victim was connected to a

KUALA TERENGGANU, Three fatalities were recorded in accidents involving participants of the We Are RXZ Members 6.0 2024 programme in Terengganu. State police chief Datuk Mohd Khairi Khairuddin said two of the fatal incidents occurred on East Coast Highway 2 (LPT 2), with the third death resulting from a crash on Jalan Kuala Terengganu-Kuantan, near Kampung Kelulut in the Marang district. ‘The victims were identified as Abdul Salim Mohamed Hashim, 58, from Batu Gajah, Perak; Mohamad Firdaus Abdul Rashid, 29, from Jempol, Negeri Sembilan; and Ahmad Amir Muhamad, 29, from Temerloh, Pahang,’ he said in a statement today. Meanwhile, Mohd

PUTRAJAYA, The report on the proposal for mandatory halal certification is nearing completion and is set to be presented to the Cabinet this Wednesday, according to the Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar. He said that a draft proposal to make halal certification mandatory for all food premises has also been prepared and will be presented at the upcoming Cabinet meeting. ‘Among the areas that we will cover is related to the proposal to make halal preparation mandatory, because that will go through a rather lengthy process… Currently, we have a policy that

BAGUIO CITY – Fried rice enough for 16,000 servings will be the centerpiece of the 17th Hotel and Restaurant Tourism (HRT) Weekend here next month. In a briefing on Monday, Hotel and Restaurant Association of Baguio (HRAB) president and Baguio Country Club (BCC) general manager Anthony de Leon said the fried rice will be served to the public at SM City to kick off HRT Weekend on Oct. 3. All Thursdays to Sundays of October are designated as HRT Weekends. ‘The rice and shine event is a collaboration of many HRAB member establishments, a purely private initiative as part of