Treasury bill yields mixed at auction
Average rates for treasury bills were mixed at the auction held by the Bureau of the Treasury on Monday, as the prospects of further easing by the Bangko Sentral ng Pilipinas were weighed against the weakness of the Philippine peso versus the U.S. dollar.
Metro Pacific plans P80B elevated expressway in Jakarta
PT MPT Indonesia Services, a subsidiary of Metro Pacific Tollways Corp. (MPTC), is set to invest P80 billion in the construction of a 21.6-kilometer elevated toll road over the Jakarta Outer Ring Road (JORR).
DoubleDragon starts public offer of P10 billion retail bonds
DoubleDragon Corp. started on Monday a 10-day public offer of its 5.5-year retail bond offer that aims to raise P10 billion to fund its expansion plans.
Globe Telecom plans further capex cuts, eyes revenue growth
Globe Telecom said on Monday that it plans to further reduce its 2025 capital expenditure (capex) to below USD1 billion as part of its ongoing cost management strategy.
Marcos enacts CREATE MORE
President Ferdinand Marcos Jr. signed into law the Corporate Recovery and Tax Incentives for Enterprises (CREATE MORE) Act, a law designed to promote the...
