BSP projects December inflation ranging from 3.6% to 4.4%
Notably lower prices of farm products as vegetables, fruits and fish helped slow inflation in December to as low as 3.6 percent, the Bangko Sentral ng Pilipinas said on Friday.
CitySavings deploys bank-on-wheels program
City Savings Bank (CitySavings), the thrift bank subsidiary of Aboitiz-led Union Bank of the Philippines (UnionBank), has deployed its groundbreaking bank-on-wheels (BOW) mobile kiosk program. The BOW services underserved regions in the Visayas and Mindanao and designated areas in Metro Manila.
National Treasury to auction next week P45B treasury bills, bonds
The National Treasury will auction next week a total P45 billion worth of treasury bills and bonds as part of fund-raising to efforts for budgetary support.
Mreit extends due diligence audit on properties generating more than P1 billion
Mreit Inc., the real estate investment trust of property developer Megaworld Corp., needs more time to evaluate the properties it looks to acquire in Taguig, Davao and Iloilo by another five months.
Bautista hardens stance and rules out extending PUV consolidation deadline
"We express our utmost support to all operators and drivers who have embraced the full implementation of the Public Utility Vehicle Modernization Program (PUVMP) but the deadline stays," Transportation Secretary Jaime Bautista said.
