Business

PH 7-year T-bond rate falls

By Joann Villanueva/Philippine News Agency MANILA – The rate of Philippine government-issued seven-year Treasury bonds (T-bonds) fell 89.8 basis points on Tuesday prompting National Treasurer Rosalia de Leon to attribute the decline...

BSP posts P17.58-B income in Jan-April

By Joann Villanueva/Philippine News Agency MANILA -- The Bangko Sentral ng Pilipinas (BSP) posted a 0.17 percent year-on-year increase in net income in the first four months of 2019, rising to PHP17.58...

Peso surges to 50-level, but local shares drop

By Joann Villanueva/Philippine News Agency MANILA -- Anticipation of rate cuts in several countries, including the Philippines, allowed the peso to close at the 50-level to a US dollar Tuesday but the...

DTI pushes for passage of bill institutionalizing microfinance

By Leslie Gatpolintan/Philippine News Agency MANILA – The Department of Trade and Industry (DTI) is pushing for the passage of a bill institutionalizing the government’s program of providing affordable financing for micro,...

Personal remittances up to $13.7-B in Jan-May

PR/Philippine News Agency MANILA -- Personal remittances from Overseas Filipinos (OFs) rose to USD2.9 billion in May 2019, a 5.5 percent increase from USD2.7 billion in May 2018. On a cumulative basis, personal...

NEDA panel OKs cost increases in Mindanao railway, MM bridges

PR/Philippine News Agency MANILA – The National Economic and Development Authority Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) on July 10, 2019 approved changes in two ongoing projects. These include the increase in cost...
spot_img

Popular