Business

Local stocks bounce back, peso remains lethargic

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended its five-day slide and came back strong on Friday but the peso continued to lose ground to the US...

Piñol orders stricter measures on entry of imported meat into PH

By Lilybeth Ison/Philippine News Agency MANILA -- Agriculture Secretary Emmanuel “Manny” Piñol on Friday ordered quarantine officers of the Bureau of Animal Industry (BAI) to implement stricter measures on the entry of meat...

TDF rates slide Wednesday

By Joann Villanueva/Philippine News Agency MANILA -- Term Deposit Facility (TDF) rates declined Wednesday on the heels of the reduction in the central bank’s key rates last week. Data released by the Bangko Sentral...

7-yr T-bond rate down, PH offers Panda bond

By Joann Villanueva/Philippine News Agency MANILA -- The average rate of seven-year Treasury bonds (T-bonds) issued by the Bureau of the Treasury (BTr) declined Wednesday, much like government securities auctioned Tuesday. The debt paper's...

DOE eyes 70% cap on power plants’ contracting capacity by Q3

By Joann Villanueva/Philippine News Agency MANILA -- Power producers in the Philippines will be required to have a 70-percent cap on their contracting capacities, likely by the third quarter of 2019, to ensure...

Personal remittances rise to P8.1-B in Q1

PR/Philippine News Agency MANILA -- Personal remittances from Overseas Filipinos (OFs) increased by 6.4 percent year-on-year to USD2.8 billion in March 2019 from USD2.6 billion in March 2018. This brought the total remittances for...
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