Business

BTr partially awards 5-yr T-bond

MANILA -- The Bureau of the Treasury (BTr) on Tuesday partially awarded the five-year Treasury bond (T-bond) as investors continue to ask for high yields. The average rate of the debt paper rose...

PH still ‘interesting market’ for ITBPO firms: IBPAP

MANILA -- The Philippines continues to be an interesting market for information technology and business process outsourcing (ITBPO) companies, IT and Business Process Association of the Philippines (IBPAP) President Rey Untal said. Untal...

PH T-bill rates up again

MANILA -- The rate of the Philippines’ Treasury bills (T-bills) rose across the board on Monday, with the auction committee awarding in full the 91-day paper after three consecutive weeks of rejection. The...

Globe to deploy cell sites on major roads in Metro Manila

MANILA – Globe Telecom will be deploying cell sites on major thoroughfares across Metro Manila as part of efforts to improve its mobile services. This, as Globe has recently signed an agreement with...

Gov’t okays price setting, ceiling for agri products

MANILA – Trade Secretary Ramon Lopez said Monday he has the support of the National Food Authority (NFA), Sugar Regulatory Administration (SRA), and Department of Agriculture (DA) for price setting and price...

Another oil price hike set Tuesday amid surging world crude prices

MANILA – Another significant increase in local pump prices is set Tuesday, days after international benchmark Dubai Crude breached the USD80 per barrel level, triggering speculation that simmering geo-political tensions will once...
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