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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
ANKARA – Oil prices rose on Monday over ongoing fears that the Organization of the Petroleum Exporting Countries (OPEC) will squeeze output to stabilize the market while data shows demand rising in Asia, Europe, and the United States.... Read full article
MANILA – Placing the National Capital Region Plus back on Alert Level 3 due rising coronavirus disease 2019 (Covid-19) cases is seen to result in a weekly gross value added (GVA) loss of around PHP3 billion, economic managers said.... 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 – With the easing of travel restrictions and lowering of alert level in Metro Manila and other parts of the country, balancing health and economy will be possible... Read full article
MANILA – The Philippines’ main equities index ended the week in the red following the higher-than-expected jobless claims in the United States, but the peso strengthened against the US dollar.... 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
Filipino businesses prepare for the summer sales season through demand forecasting, inventory planning, staffing adjustments, and targeted promotions. Strategic preparation helps industries maximize increased consumer spending during summer months.... Read full article