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 – 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 – 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 country’s economic outlook for this year remains rosy, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion said during the Laging Handa public briefing Tuesday.... Read full article
MANILA – Extreme weather conditions hitting countries in the Asia-Pacific region and the rest of the world are not solely headline-worthy scenarios with oftentimes horrifying death tolls... 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 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
ISTANBUL – As global markets try to rebalance after uncertainty due to the US Federal Reserve's (Fed) signals for earlier interest rate hikes, investors and analysts have set their eyes on speeches by Fed officials, including Chairman Jerome Powell.... Read full article
MANILA – High domestic liquidity condition continues to drive the demand for Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills, which posted a lower rate on Friday.... 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
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