• The Manila Metropolitan Theater Set to Reopen This April 2021

    Newly restored Manila Metropolitan Theater set to open in 2021

    The Manila Metropolitan Theater (MET) is set to reopen its doors after 25 years of closure since 1996.

    In a Facebook post by the National Quincentennial Committee, it was announced that the cultural landmark will reopen just in time for the 500th anniversary of the Victory of Mactan.

    The event will also serve as the maiden show of the theater after its longtime closure. Commemorative rites will be held at the Liberty Shrine in Barangay Mactan, Lapu-Lapu City, in the morning. The shrine will also be the co-host of

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  • Singapore Airlines Raises US$500 Million via USD Bond

    (14 Jan 2021)
    Singapore Airlines has successfully raised
    US$500 million via its first US dollar-denominated bond issue.

    issuance was oversubscribed with the final demand at more than
    US$2.85 billon.

    bonds are being issued at an issue price of 99.573% of their
    principal amount, with a maturity date of 20 July 2026. They will
    carry an annual coupon of 3.0% per annum.

    Singapore Airlines will use the proceeds for aircraft purchases,
    related payments and other general purposes including refinancing
    of existing borrowings.

    The issuance strengthens the
    company’s liquidity position, and provides SIA with the financial
    flexibility to capture medium-to-long

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