Banking & Insurance
Ten-year Treasury bonds ease on strong demand at auction
The average rate on Treasury bonds due August 2033 eased at the auction Tuesday, with strong demand for the debt paper pulling down yield.
Treasury bill yields mixed at auction of P15B debt paper
Philippine Treasury bill (T-bill) yields were mixed at Monday’s auction, with average rate on 91-day debt paper lower compared to the previous auction ahead of the central bank policy meeting.
Philreca seeks mandatory insurance for linemen
The Philippine Rural Electric Cooperatives Association (Philreca) is optimistic that Senate Bill (SB) 2303 providing mandatory insurance coverage and benefits to linemen in the...
SEC ups anti-fraud stance in lock step with new technologies
The Securities and Exchange Commission (SEC) is beefing up its enforcement capabilities by collaborating with global organizations to fortify its capacity to protect the public from securities fraud and other forms of investment scams.
Six-month BOP ends as surplus of $2.3B
The Philippines generated far more revenue than expense in the first six months this year as the country’s balance of payments (BOP) reverted into surplus of $2.3 billion from last year’s deficit of $3.1 billion.
