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MANILA, Philippines — With more foreign loans and domestic borrowings availed in May to finance the fight against COVID-19, the national government’s outstanding debt stock further climbed to a fresh…
MANILA, Philippines — The pace of price increases in the local economy likely stayed “benign” in June as rising petroleum and rice prices were likely offset by cheaper cooking fuel…
MANILA, Philippines — The Bureau of the Treasury on Tuesday sold P15 billion in 35-day T-bills at 1.684 percent, the lowest-ever rate for the short-dated securities revived at the height…
MANILA, Philippines — Social distancing and transportation restrictions during the COVID-19 lockdown have forced the majority of taxpayers to settle their dues digitally, with over three-fourths of the internal revenue…
TOKYO — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. People wearing a face…
Leading local multi-brand kiosk operator Fruitas Holdings Inc. (FHI) grew its first quarter net profit by 41 percent year-on-year to P14.6 million on the back of higher margins from price…
The Philippine financial system is “sound” and “very strict” rules are in place when it comes to the issuance of bank certifications, the Bankers Association of the Philippines (BAP) assured…
Stocks shrugged off a wobbly start to finish solidly higher on Wall Street Monday, as the market clawed back half its losses from last week. This July 16, 2013, file…
MANILA, Philippines — The Asian Development Bank (ADB) has greenlighted a $26.5-million loan (over P1.3 billion) so local governments in the Philippines can assess property taxes digitally. “The Local Governance…
MANILA, Philippines — Treasury bill rates fell below 2 percent on Monday following the Bangko Sentral ng Pilipinas’ (BSP) surprise and hefty interest rate cut last week that sent a…
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