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MANILA – The Bureau of the Treasury (BTr) again rejected bids for the three- and 12-month Treasury bills (T-bills) due to high rate demand from investors.... Read full article
MANILA – An analyst has forecast the Philippine peso’s 2022 performance to be driven by changes in the Federal Reserve’s policy rates instead of trade developments, just like what happened last year. ... Read full article
MANILA – Robust demand for the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills resulted in the rise of the debt paper’s rates on 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
MANILA – The continued vaccination against the coronavirus disease 2019 (Covid-19), along with amendments to several laws such as the Foreign Investments Act (FIA), are expected to fuel the continued improvement of the employment situation in the cou... Read full article
MANILA – The Philippine peso is expected to remain generally firm against the US dollar as the Christmas holiday nears, a season for increased inflows from overseas Filipino workers (OFWs). ... Read full article
MANILA – Following the greater mobility and effective implementation of health and safety protocols with lesser and lesser coronavirus disease 2019 (Covid-19 cases),... Read full article
MANILA – Local shares bounced back on Thursday as bargain hunters looked for markets with no presence yet of the Omicron variant of the coronavirus disease 2019 (Covid-19), while the peso ended the day’s trading almost unchanged.... Read full article
MANILA – The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills moved sideways as demand remains despite the higher offer volume this week.... Read full article