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MANILA – The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills moved sideways as demand remains despite the higher offer volume this week.... Read full article
MANILA – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high. ... Read full article
DAVAO CITY – The Aboitiz Foundation Inc., together with Hedcor, committed PHP7.8 million worth of projects in its host communities in Mindanao as they inked a memorandum of agreement (MOA) with its partners from this city, Davao del Sur, and Bukidnon... Read full article
MANILA – The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metr... Read full article
MANILA – The Department of Energy (DOE) will ask the 19th Congress to prioritize the review of the oil deregulation law as the agency aims to ease petroleum prices.... Read full article
MANILA – Bank executives have backed the move to grant fully vaccinated individuals greater mobility, citing its contribution to the domestic economy’s recovery from the pandemic. ... Read full article
CEBU CITY – Recognizing the role of the youth in digital consumerism under the new normal, the Department of Trade and Industry (DTI)-Cebu offic... Read full article
MANILA – The Bureau of the Treasury (BTr) fully awarded the 91-day and 182-day Treasury bills (T-bills) but partially awarded the 364-day tenor during an auction on Monday after investors asked for high yields.... Read full article
MANILA – The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam.... Read full article
MANILA – A decline of oil prices overnight partly improved the risk-on sentiments in the local bourse resulting in the positive close of both the main equities index and the peso on Tuesday. ... Read full article