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Treasury bill yields rise at auction; P15 billion offer awarded in full

The Bureau of the Treasury allowed treasury bill yields to move higher as it awarded the entire P15 billion it offered at Monday’s auction

DA Chief eyes FTI cold storage to address post-harvest losses, oversupply

Agriculture Secretary Francisco Tiu Laurel, Jr. plans to build more cold storage facilities at the Food Terminal complex in Taguig City as part of measures addressing overproduction and minimizing post-harvest losses of agricultural products, particularly vegetables and other high-value crops.

CIMB Bank earns ‘Most Trusted Bank’ citations from prestigious institutions

The new year has set CIMB Bank Philippines off to a good start having recently been cited as the Most Trusted Bank in the Philippines by the award-giving bodies Global Business & Finance Magazine and The Enterprise’s EPOCH Awards. The citations are testament to CIMB’s brand of service to its 7.5 million customers in the Philippines since 2018.

Bank loans accelerate 7 percent in November

The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.

GEM destinations served notice to address environmental issues or face rehab

At the meeting convened only last week, the DENR sought the participation of local chief executives from the five GEM sites to highlight the urgency of the matter. The five GEMS include the prime tourist destinations of El Nido and Coron in Palawan; Panglao in Bohol; Puerto Galera in Oriental Mindoro; and Siargao Island in Surigao del Norte.

Just in

Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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