Economy

BOI pledges hit P907-B in 2018

By Kris Crismundo/PNA MANILA -- Investment approvals in the Board of Investments (BOI) is nearing the trillion-peso mark as it registered a total of PHP907.2 billion worth of projects this year. BOI said...

TDF rates on the rise this week

By Kris Crismundo/PNA MANILA -- The central bank’s term deposit facility (TDF) rates rose across all tenors this week, but bids fell short of Bangko Sentral ng Pilipinas’ (BSP) PHP70-billion offering. Average rate...

Central Luzon sustains economic growth in 2018

By Zorayda Tecson/PNA CITY OF SAN FERNANDO, Pampanga -- The year 2018 saw the economy of Central Luzon in a sustainable growth level primarily pushed by major developments in the region. Amid the...

Local markets start trading week in negative territory

By Kris Crismundo/PNA MANILA -- Both the local currency and stock market started the trading week in negative territory amid mixed economic data overseas. The Philippine peso shed PHP0.10 against the US dollar...

BTr awards 91-day T-bills, rejects 182, 364-day bids

By Kris Crismundo/PNA MANILA – The Bureau of Treasury (BTr) awarded the 91-day Treasury bills (T-bills) in full while rejecting tenders for the 182- and 364-day T-bills during Monday’s auction. BTr awarded the...

GenSan economy sustains momentum in 2018

By PNA GENERAL SANTOS CITY -- The year 2018 was another leap forward for this bustling port city as it continued to exceed expectations and achieve key milestones, especially in the socio-economic...

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