Finance

DepEd helps teachers manage finances

MANILA -- The Department of Education (DepEd) continues to explore ways that would enable teachers and other personnel to manage their finances. In a statement issued Friday, DepEd cited that these measures...

PSEi, peso up after two-day trading break

MANILA - - Both the Philippine Stock Exchange index (PSEi) and the peso finished Thursday better after a two-day trading suspension in line with the All Saints’ Day holiday. PSEi rose for...

DBS sees BSP rate hike before end ’17

MANILA - - Multinational banking institution DBS forecasts a hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates before end-2017 partly due to sustained rise of inflation rate. “We expect BSP...

TDF rates up this week

MANILA -- Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose Thursday, with banks exceeding the offering for the longer-dated facility. Data released by the central bank showed...

BSP set to relaunch consolidation program for rural banks

MANILA -- The Bangko Sentral ng Pilipinas (BSP) is set to sign with several other government agencies an amended rules governing consolidation of rural banks. BSP Deputy Governor Chuchi Fonacier said they...

Dominguez cites value of using gov’t funds for infra projects

MANILA - The public-private partnership (PPP) mode of building infrastructure is to the detriment of the public because of the delay in project implementation instead of using available government funds to...

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