Business

TDF rates post mixed results on Wednesday auction

By Joann Villanueva/Philippine News Agency MANILA – Bids for Bangko Sentral ng Pilipinas’ (BSP) term facilities continue to surpass the offered volume but rates posted mixed results Wednesday. Data released by the central...

LTFRB streamlines process for TNVS application

Raymond Carl Dela Cruz/Philippine News Agency MANILA — The Land Transportation Franchising Regulatory Board (LTFRB) on Tuesday said it streamlined the process of securing franchises for transport network vehicle services (TNVS). During a dialogue...

Peso stays firm, local shares drop ahead of Powell’s testimony

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso stayed firm against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) fell for the second consecutive day ahead of...

BSP to offer all tenors on Wednesday

By Joann Villanueva/Philippine News Agency MANILA -- All three tenors of the Bangko Sentral ng Pilipinas’ (BSP) will be offered during the auction scheduled on Wednesday, July 10, 2019. In an advisory, the...

MB approves $7.4-B funding for dev’t projects in 2018

PR/Philippine News Agency MANILA -- The Monetary Board (MB) approved public sector loans in 2018 amounting to USD7.355 billion, higher by USD3.869 billion (111 percent) from the 2017 level of USD3.486 billion,...

DOF: Second round audit of mining firms set July

PR/Philippine News Agency MANILA -- The interagency Mining Industry Coordinating Council (MICC) is undertaking the second round of its “objective, science-based, and fact-finding” audit of mining operations in the fourth week of...
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