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MANILA – The Bureau of the Treasury (BTr) fully awarded the 91-day and 182-day Treasury bills (T-bills) but partially awarded the 364-day tenor during an auction on Monday after investors asked for high yields.... Read full article
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
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
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 economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metr... Read full article
MANILA – The Philippines’ long-term prospects remain positive, a Department of Finance (DOF) economic bulletin said after noting the recovery of foreign direct investments (FDIs) in the first half of the year.... Read full article
MANILA – Rising domestic coronavirus disease 2019 (Covid-19) infections continue to have an impact on investors, resulting in the negative close of both the main stocks index and peso on Friday.... Read full article
MANILA – The Philippines’ current account (CA) is projected to post a higher deficit in the coming years but a ranking central bank official said there are structural inflows that would offset this... Read full article
MANILA – The Department of Energy (DOE) will ask the 19th Congress to prioritize the review of the oil deregulation law as the agency aims to ease petroleum prices.... Read full article
MANILA – The peso is expected to trade within a wide range this and next year given the pandemic-related developments, as policy responses impact on investors’ confidence on the economy in general, Fitch Solutions said. ... Read full article
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