BTr upsizes treasury bill offer on strong demand
Strong demand for treasury bills at the auction Monday allowed the Bureau of the Treasury to raise the offer size for three- and six-month debt, borrowing a total P19 billion for budgetary support.
January Meralco billing seen higher due to increased WESM prices
The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in January as a result of higher charges imposed by the Wholesale Electricity Sport Market (WESM).
Villar-owned MCX charges P1 more starting February
The Muntinlupa-Cavite Expressway (MCX) charges P1 more for using its freeway starting at the end of the month, the Toll Regulatory Board said on Monday.
11-month meat imports in 2023 similarly down 11 percent
The Philippines in the first eleven months last year imported 1.12 billion kilograms of meat, 10.9 percent lower than 1.25 billion kilograms of the commodity in 2022, according to the Bureau of Animal Industry (BAI).
FSCC acts proactively and prioritizes strengthening the bond market in 2024
The Financial Stability Coordination Council (FSCC), whose goal is to arrest risks before they become systemic, has begun fortifying the domestic bond market.
