Banking & Insurance
Treasury awards entire P30B offered at Tuesday’s bond auction
The Bureau of the Treasury awarded in full the P30 billion worth of reissued 7-year bonds at the auction Tuesday.
China sets 2024 GDP growth target at around 5%, same as last year
China has set an economic growth target for 2024 of around 5 percent, similar to last year's goal and in line with analysts' expectations, according to an official work report released on Tuesday.
Treasury bill yields rise slightly; demand remains strong
Treasury bill yields continued to climb at the auction Monday, with inflation in February expected to rise after slowing down in January.
Manila Water subsidiary secures $110 million loan from foreign banks
Manila Water subsidiary Manila Water Asia Pacific Pte. Ltd. has secured a three-year term loan for USD110 million from Mizuho Bank and from the Dutch financial services giant ING.
Forecast inflation seen averaging 3% in February
Food prices were to prove slightly elevated in February, likely averaging 3 percent for the month, based on latest forecast by analysts at Moody's Analytics.
