Inflation quickens to 2.7 percent in July
MANILA, Philippines — The country’s headline inflation “continued to exhibit a faster pace” as it picked up to 2.7 percent in July, the Philippine Statistics Authority (PSA) said Wednesday. This…
BSP economists see fuel prices nudging up July inflation
Prices of consumer goods and services were expected to have risen between 2.2 to 3 percent in July — higher than the central bank’s forecast for June — due to…
At P5,000 each, 5-yr retail treasury bonds for sale starting July 16 via app, online channels
The Bureau of the Treasury will auction off an initial P30 billion in five-year retail treasury bonds (RTBs) on July 16 before making these available to small investors on a…
Treasury to sell RTBs starting July 15
MANILA, Philippines — The Bureau of the Treasury will again sell retail treasury bonds (RTB) starting July 15 not only to raise funds for COVID-19 response but also make available…
PH’s 3rd telco player DITO to miss July 8 technical launch
MANILA, Philippines — DITO Telecommunity, the country’s third major telco, is likely to miss the deadline for its “technical launch” set on July 8 this year. DITO chief administrative officer…
PH to borrow P205 billion in July via T-bills, bonds
MANILA, Philippines — The government will borrow P205 billion from domestic sources in July as rates remained low amid strong demand for treasury bills and bonds from investors who wanted…
SMC, DPWH to open last TPLEx segment on July 15
Conglomerate San Miguel Corp. (SMC) and the Department of Public Works and Highways (DPWH) are set to open the final segment of the Tarlac-Pangasinan-La Union Expressway (TPLEx) this coming July…
Machu Picchu to sharply limit visits after July reopening in Peru
Machu Picchu, Peru, South America. The Incan ruins show example of polygonal masonry and skill. Image: vitmark/Istock.com via AFP The ancient Inca citadel of Machu Picchu, a jewel of Peruvian…
DBM to submit P4.18-trillion 2021 budget proposal on July 20
MANILA, Philippines – The Department of Budget and Management (DBM) will submit for Congress’ consideration the proposed P4.18-trillion 2021 cash-based national budget on July 20, when President Duterte delivers his…
S. Korea’s Air Busan to resume flights on international routes in July
Yonhap via The Korea Herald/Asia News Network SEOUL — Air Busan Co., a low-cost affiliate of Asiana Airlines Inc., said Thursday it will resume flights on international routes from July…