Business

BSP hikes offering for 7-day, 14-day TDF

MANILA -- The Bangko Sentral ng Pilipinas (BSP) hiked the offering for its seven-day and 14-day Term Deposit Facilities (TDFs) for the auction on Feb. 21, 2017 following the strong appetite this...

PH electronics sector posts record USD32.7-B export in 2017

MANILA -- The country’s electronics sector posted a record export revenue of over USD32 billion in 2017, regaining its strength after the market slowed down in the past six years. Semiconductor and...

BTr partially awards T-bills after rate upticks

MANILA -- Banks continue to ask for high yields for government-issued securities, prompting the Bureau of the Treasury’s (BTr) auction committee to partially award Treasury bills Monday. The Committee awarded PHP7.394 billion...

More foreign competition will help logistics sector grow: PIDS

MANILA -- The Philippines should implement reforms aimed at introducing more foreign competition into transport and logistics industry in a bid to boost export competitiveness, according to a study by state think-tank...

STL posts P1.87-B revenue in January: PCSO

MANILA -- The Philippine Charity Sweepstakes Office (PCSO) announced that the sales of the expanded Small Town Lottery (STL) has posted PHP1.87 billion for the month of January. This translates to a...

Private biz urged to join job-for-students program

SAN JOSE De BUENAVISTA, Antique -- The Department of Labor and Employment’s (DOLE) Antique office is encouraging more private businesses to be a partner in the Special Program for the Employment of...
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