The Philippine central bank again redirected capital for sustainability initiatives by investing in the Asian Green Bond Fund of the Bank for International Settlements (BIS). READ:
The Philippine central bank again redirected capital for sustainability initiatives by investing in the Asian Green Bond Fund of the Bank for International Settlements .“The participation in the fund is expected to provide the BSP with an additional source of return and investment diversification that is consistent with our prudent approach to reserve management,” Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said in a statement on Wednesday.
“The BSP’s decision to invest in the fund bolsters our sustainability efforts and supports our sustainable central banking agenda,” he added.The dollar-denominated and open-ended fund was unveiled by the BIS this year through a collaboration with development finance institutions and an advisory committee consisting of various central banks.While Mr.
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Chelsea owner Roman Abramovich gives trustees stewardship of club amid Ukraine pressure - BusinessWorld OnlineChelsea owner Roman Abramovich has given trustees of the London side’s foundation stewardship of the Premier League club, the Russian billionaire said on Saturday, amid calls in Britain that he be sanctioned over Moscow’s invasion of Ukraine. READ:
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[B-SIDE Podcast] QuaranTunes: The local music industry during the pandemic - BusinessWorld OnlineFollow us on Spotify BusinessWorld B-Side The local music industry has had to say goodbye to significant gig spots that just couldn’t survive the pandemic, no matter how well-loved they were. As the country prepares to ease restrictions, B-Side takes stock of what it’s been like for local and independent musicians to collaborate and perform in […]
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