T-bonds average lower at auction compared to secondary market
Treasury bond rates auctioned Tuesday proved lower compared to prevailing rates in the secondary market, underscoring the market’s outlook for longer-term interest rates.
DA aims for higher rice production under the MaSaGaNa Rice Industry Development Program
The Department of Agriculture is reviewing the Masagana Rice Industry Development Program to significantly enhance domestic rice production and meet self-sufficiency goals, increase farmer incomes, lower consumer prices, and enable the Philippines to export rice again.
Cebu Pacific ramping up flights out of Davao beginning October
Cebu Pacific is expanding its reach with new domestic and international routes from Davao starting October this year.
Petron reports 21% increase in 1H revenue on strong volume growth
Petron Corp., the oil company under the San Miguel Group, said Tuesday first-half revenue climbed 21 percent year-on-year to P444.5 billion, fueled by increased sales and a favorable retail environment in both the Philippines and Malaysia.
Ayala energy unit supplies RCBC Plaza 100% clean energy
ACEN Corp. subsidiary ACEN Renewable Energy Solutions (RES) had been tapped to supply the RCBC Plaza in Makati with 100 percent clean energy.
