Business

TDF rates up amid undersubscription

By Joann Villanueva/Philippine News Agency MANILA – Undersubscription was registered on Wednesday’s auction of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) but rates of all three tenors increased. Rate of...

Peso ends flat, PSEi slips in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended flat against the greenback on Wednesday while the Philippine Stock Exchange index (PSEi) closed in the red along with most counters...

Domestic Liquidity Expands in June

PR Preliminary data show that domestic liquidity (M3) grew by 6.4 percent year-on-year to about ₱11.8 trillion in June 2019, unchanged from the rate of expansion in May 2019. On a month-on-month...

BSP eyes July inflation between 2.0 to 2.8%

By Joann Villanueva/Philippine News Agency MANILA -- Lower prices of rice and cooking gas are seen to cause the country's inflation rate to sustain its decline in July 2019, with government economists...

20-year PH T-bond rate declines

By Joann Villanueva/Philippine News Agency MANILA -- The rate of 20-year Treasury bonds (T-bond) have declined to 5.015 percent Tuesday, prompting National Treasurer Rosalia de Leon to attribute the development to a...

Peso rises to 50-level, but local stocks slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso appreciated against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) slipped after investors stayed on the sidelines as US...
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