National Treasury sets auctions for P45 billion in government securities
The Bureau of the Treasury (BTr) is scheduled to auction next week P45 billion worth of treasury bills and bonds to help fund the government’s spending program for this year.
DA chief aims to transform agriculture as a “cool” venture
To attract a new generation of farmers, fishermen and aquaculture entrepreneurs, the Department of Agriculture is working double time to modernize the agri sector to make it a “cool” venture and career option, Agriculture Secretary Francisco P. Tiu Laurel, Jr. told the American Chamber of Commerce of the Philippines.
PAL Holdings secures regulatory approval for capital hike to P30 billion
PAL Holdings Inc., the listed company that primarily holds the interests of the Lucio Tan Group in Philippine Airlines, said Friday it secured regulatory approved to the increase in its authorized capital stock to P30 billion from the current P13.5 billion.
Consumer lending propels EastWest Bank earnings in 2023
The decision last year of the Gotianun Group’s EastWest Bank to focus on consumer lending and growing its deposit base paid handsome dividends as this helped lift net income by 32 percent to P6.1 billion.
Government rejects P2.5-billion MPTC direct negotiation offer for MCTEP
The Public Estates Authority Tollway Corp. (PEATC) on Friday rejected the Metro Pacific Tollways Corp. (MPTC) offer to buy out the interest of the government in the Manila Cavite Toll Expressway Project (MCTEP) for only P2.5 billion.
