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BTr raises P584.86B from retail treasury bond offer

The Bureau of the Treasury (BTr) said Monday its raised a record P584.86 billion through the public offer of retail treasury bond (RTB), securing a large amount of funds the government needs to bridge the budget deficit gap.

GoTyme Bank seeks distinction as first among lenders accredited under BSP’s coin deposit machine program

Digital-only GoTyme Bank on Monday bared optimism in catching the distinction as the first among lenders to be accredited under the massively popular coin deposit machine program of the Bangko Sentral ng Pilipinas (BSP)

DA responds to El Niño impact in Mindoro, calls for local state of calamity declaration to free-up more funds

To mitigate the adverse impact of the El Niño phenomenon in Mindoro, Agriculture Secretary Francisco P. Tiu Laurel, Jr., on Monday mobilized a rapid response team to deliver urgent aid to the island’s farmers and fisherfolk. The deployment aims to provide immediate relief and assess agricultural damage caused by the prolonged dry spell.

Joint MPIC-RSA tollway company seen organized within the year

The Metro Pacific Investments Corp. (MPIC) on Monday said the proposed joint undertaking with business tycoon Ramon Ang for a new tollway company is seen established within the year.

Treasury bill yield continue rise at auction Monday; yield on 182-day paper capped

Treasury bill rates rose at the auction Monday, tracking higher yields in the secondary debt market.

Just in

DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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