MANILA – Banks have continued to place funds in the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF), which registered a lower interest rate this week as domestic liquidity remained high. ... Read full article
ANKARA – Goldman Sachs has lowered its forecast of the United States (US) economic growth for this year to 5.7 percent from 6.2 percent.... Read full article
MANILA – Treasury bill (T-bills) rates were either little changed or flat on Monday as demand remained high amid the huge liquidity situation in the domestic economy. ... Read full article
COTABATO CITY – The Bangsamoro Board of Investments – Bangsamoro Autonomous Region in Muslim Mindanao (BBOI-BARMM) is facilitating the revival of banana farms in Maguindanao with the expected infusion of PHP200 million worth of new investments ... Read full article
MANILA – The Department of Science and Technology has allocated over PHP4.7 million to support a project that would use the internet of things (IoT) in monitoring poultry environment, an official said Friday.... Read full article
CEBU CITY – Overturning the anticipated effects of the coronavirus pandemic, Megaworld Corp. reported it has booked around 415,000 square meters of office leases since the start of the pandemic early last year... Read full article
The Department of Trade and Industry (DTI) has urged manufacturers and retailers of Noche Buena products to maintain their current prices for the upcoming Christmas holiday.... Read full article
MANILA – The Philippine Stock Exchange index (PSEi) slipped while the peso depreciated on Wednesday following reports of deteriorating manufacturing activities in August.... Read full article
MANILA – National government revenues for January to July 2021 rose by 3.6 percent to PHP1.75 trillion from PHP1.69 trillion in the same period in 2020.
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