Business

PH T-bond rate down due to strong demand

By Joann Villanueva/PNA MANILA -- The rate of the Philippines’ five-year Treasury bond (T-bond) fell by 34 basis points Wednesday, attracting a large amount of bids, which in-turn prompted the auction committee to...

UN, PH partner on sustainable development priorities

By Leslie Gatpolintan/PNA MANILA -- The United Nations (UN) expects to mobilize USD506.63 million in funding to help the Philippines implement its priority programs on sustainable development and inclusive growth over the next...

TDF rates, bid coverage ratio up

By Joann Villanueva/PNA MANILA -- The rates of Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose across-the-board Wednesday in line with the rise of central bank’s key policy rates. Rate of the...

IPC launches content service network in PH

By Aerol John Pateña/PNA MANILA -- Cloud services provider, IP Converge Data Services Inc. (IPC), has partnered with Singapore-based digital media solutions provider Conversant Solutions to offer the country’s first local content service...

Peso remains strong; local stocks slide

By Joann Villanueva /PNA MANILA -- The Philippine peso remained firm against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) ended its five-day winning streak in sympathy reaction to US markets. The...

PH on track to hit 2018 expenditure program

By Joann Villanueva/PNA MANILA -- The Philippine government exceeded by 2.6 percent its spending program target for the first three quarters of 2018, which made Budget and Management Secretary Benjamin Diokno more optimistic...
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