Local News

Gov’t invites public to invest in Treasury bond for as low as 5K

LEGAZPI CITY -- The government through the Bureau of Treasury (BTr) invited the public to invest in its new 3-year retail treasury bonds (RTBs) with a minimum investment of PHP 5,000 during...

Oil price spike seen to drive higher inflation in May — economist

MANILA -- Inflation in May has been seen to further increase to 5 percent from 4.5 percent in April mainly due to higher oil prices in the global market, IHS Markit Chief...

Gov’t raises P13-B from T-bills

MANILA -- The Bureau of Treasury (BTr) was able to raise PHP13.24 billion for the national government Monday from the Treasury bills (T-bills) auction Monday. The auction committee decided to fully award the...

DOF sees inflation momentum receding despite higher May forecast

MANILA -- While they are still crunching the numbers, the Department of Finance (DOF) said it expects that May's inflation will even outpace that of the previous month. In the DOF Economic Bulletin...

No Filipino among Guatemala volcano eruption death toll

MANILA -- No Filipino was reported among the fatalities in Guatemala after Volcán de Fuego, an active volcano located outside the capital Guatemala City, erupted on Sunday, leaving at least 60 persons...

Abella on WPS diplomatic actions: It’s the content that matters

MANILA -- An official of the Department of Foreign Affairs said it is the content, whatever form it is conveyed, that matters in every diplomatic action taken by the agency on issues...

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