Government seeks P45 billion from treasury auctions next week
The Bureau of the Treasury is looking to raise another P45 billion next week through the auction of treasury bills and bonds to support the government’s spending plans this year.
Asia-Pacific property market still listless in 4Q 2023—Colliers survey
Cap rates, the estimated yield of a property over one year, are on the rise in only five of 19 cities in Asia Pacific, all of them located in Australia, suggesting a still listless real estate market for most of the region in the fourth quarter of 2023, a survey by diversified professional services and investment management company Colliers showed Thursday.
Ayala Land renovating flagship malls, doubling hotel room count
Ayala Land Inc. has started a two-year program renovating four of its flagship malls as part of efforts to refresh its facilities after the pandemic.
Alleged fare haggling temporarily shuts down inDrive operations
Newcomer ride-hailing app inDrive on Thursday temporarily suspended its operations to address issues raised by the Land Transportation Franchising and Regulatory Board (LTFRB) on its fare system and user experience.
DOTr exercises regulatory forbearance and extends consolidation deadline another three months
For the nth time, the Department of Transportation (DOTr) announced on Thursday a final three-month extension for jeepney operators to consolidate under the public utility vehicle (PUV) modernization program. The extension is meant to boost the consolidation rate still higher to 85 percent in Metro Manila by the end of April.
