November GIR rises to US$101.3 billion
The country’s gross international reserves (GIR), an indicator of capacity to pay maturing foreign obligations, rose to USD101.3 billion as of end-November 2023 from the end-October 2023 level of USD101.0 billion, the Bangko Sentral ng Pilipinas (BSP) said.
Globe taps four lenders to finance capex requirement
Globe Telecom, Inc. on Friday signed a term loan agreement with BDO Unibank, Inc. for P20 billion to finance its capital expenditures, pay obligations and other corporate requirements.
PCG on heightened alert as Yuletide travels ramp up
The Philippine Coast Guard (PCG) is on heightened alert and has intensify security measures in seaports to ensure the safety of passengers during the Yuletide Season.
Jobless rate eases in Oct to 4.2% as farm sector creates more jobs
The unemployment rate in October eased to 4.2 percent, matching the rate in November last year, as agriculture generated around 400,000 jobs compared with the level in September to more than make up for the slack in services and industry.
One Meralco Foundation, Maynilad join hands for Angat-Ipo watershed reforestation
One Meralco Foundation (OMF), the corporate social responsibility arm of Meralco, has partnered with water concessionaire Maynilad Water Services, Inc. to strengthen reforestation initiatives for the Angat-Ipo watershed, a primary source of raw water in Manila.
