Economy

BTr announces lower Q3 borrowing program

By Joann Villanueva/Philippine News Agency MANILA -- The Bureau of the Treasury (BTr) is scheduled to issue a total of PHP230 billion-worth of government securities in the third quarter of this year,...

Local markets down on geopolitical concerns

By Joann Villanueva/Philippine News Agency MANILA -- Risk aversion capped the Philippine peso’s rise against the US dollar Wednesday and also triggered another slide in the Philippine Stock Exchange index (PSEi). The local...

TDF rates, bid coverage ratios decline

By Joann Villanueva/Philippine News Agency MANILA -- Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facilities (TDF) declined Wednesday, reminiscent of the auction of government-issued securities on Tuesday. Data released by...

PH seen to grow faster than other Asian powerhouses

PR/Philippine News Agency MANILA -- World Bank estimates show the Philippine economy will grow at a more rapid pace than Asia’s other regional economic powerhouses, such as China and Malaysia, during the...

PH T-bill rates go down

By Joann Villanueva/Philippine News Agency MANILA -- The average rates of Philippine Treasury bill (T-bill) declined across-the board Tuesday on expectations of further cuts in central bank's key rates and anticipation of...

Peso rises anew, local shares end rally

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso further gained traction against the US dollar Tuesday but the main equities index ended its six-day rally due to mounting fears of...

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