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MANILA – The government’s decision to bring in the Sinovac vaccine from China as the first Covid-19 jab to be administered to priority sectors has “saved” the country when vaccine hesitancy was at its highest and supply was scarce.... 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 – 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 Department of Finance (DOF) is now finetuning a proposed arrangement with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corp. (NPC) on the funding rollout and implementation of the estimated PH... Read full article
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 – The Board of Investments (BOI) has intensified its effort in partnering with the academe to address skills and job mismatch in the country.... Read full article
MANILA – State-owned Development Bank of the Philippines (DBP) has approved a PHP2.5-billion credit assistance to Innov Block Development Corporation (IBDC) to finance the ongoing construction and completion of The Limketkai Podium –a lifestyle and c... Read full article
MANILA – Positive sentiments continued to buoy the local bourse on Thursday, and this benefited the local currency as well after it again touched the 50-level against the US dollar. ... 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
MANILA – The Court of Appeals (CA) has turned down a petition filed by a subsidiary of retail giant Robinsons for the use of the "My Choice" food and beverage products in its Ministop convenience stores.... Read full article
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