Business

PH, Japan exchange notes on North-South Commuter Railway

By Aerol John Pateña/PNA MANILA -- The governments of the Philippines and Japan have signed an exchange of notes over the North-South Commuter Railway (NSCR) Extension Project on Wednesday. The exchange of notes was...

Torre Lorenzo, Dusit Thani sign deal for hotel business in Lipa

By Kris Crismundo/PNA MANILA -- Torre Lorenzo Development Corp. (TLDC) on Wednesday signed an agreement with Dusit International and Dusit Thani Philippines, Inc. for the development of the Dusit Princess Hotel in Lipa,...

Speedy nod to Japan-funded infra projects laudable: Dominguez

By Joann Villanueva/PNA MANILA -- Finance Secretary Carlos Dominguez III on Wednesday lauded the speedy approval of infrastructure projects to be funded by the Japanese government as well as the processing time for...

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...
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