Business

BTr partially awards T-bills in Monday auction

MANILA -- The Bureau of Treasury (BTr) partially awarded 91-, 182-, and 364-day Treasury bills (T-bills) during Monday's auction. In a statement, BTr’s auction committee said average rates across the three tenors were...

Stocks Sink as Trade Wars Loom

U.S. and European markets fell Monday as speculation over trade wars deepened worries across the globe. U.S. stocks fell more than 1 percent at the end of the day, while European markets...

Japan extends 1.84-B yen grant aid to PH

MANILA -- The Japanese government is extending 1.84-billion yen (roughly PHP892.69 million) grant aid to the Philippines for a flood control project in Cagayan de Oro River Basin and for human resource...

Peso slips further; PSEi breaches 6,900-mark

MANILA -- The Philippine peso weakened even further against the greenback while the local stock barometer dropped to the 6,900-level on Monday. The peso ended the day’s trade 16 centavos weaker at 53.44...

Budget deficit climbs in January-May 2018

MANILA -- The country's budget deficit in the first five months of the current year has more than doubled compared to the same period in 2017, the Bureau of Treasury (BTr) reported...

8 MSMEs to get research, production equipment from DTI

DAGUPAN CITY -- Eight micro small and medium enterprise (MSMEs) organizations in the province will soon receive production and research equipment from the Department of Trade and Industry (DTI) under its Shared...
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