Business

BTr announces lower Q3 borrowing program

By Joann Villanueva/Philippine News Agency MANILA -- The Bureau of the Treasury (BTr) is scheduled to issue a total of PHP230 billion-worth of government securities in the third quarter of this year,...

Local markets down on geopolitical concerns

By Joann Villanueva/Philippine News Agency MANILA -- Risk aversion capped the Philippine peso’s rise against the US dollar Wednesday and also triggered another slide in the Philippine Stock Exchange index (PSEi). The local...

SEC urges public to scrutinize firms before investing

By Leslie Gatpolintan/Philippine News Agency MANILA -- As it intensifies the crackdown on suspected investment scams, the Securities and Exchange Commission (SEC) has advised prospective investors to scrutinize first the legitimacy of...

TDF rates, bid coverage ratios decline

By Joann Villanueva/Philippine News Agency MANILA -- Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facilities (TDF) declined Wednesday, reminiscent of the auction of government-issued securities on Tuesday. Data released by...

PH seen to grow faster than other Asian powerhouses

PR/Philippine News Agency MANILA -- World Bank estimates show the Philippine economy will grow at a more rapid pace than Asia’s other regional economic powerhouses, such as China and Malaysia, during the...

DICT: 1st phase of Nat’l Broadband Plan completed next year

By Aerol John Pateña/Philippine News Agency MANILA -- The first phase of the fiber backbone for the National Broadband Plan (NBP) is set to be completed early next year, an official of...
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