Banking & Insurance
Bill to amend CREATE Act to boost investments, enhance Philippines’ competitiveness
Proposed amendments to the Corporate Recovery and Tax Incentives for Enterprises, or the CREATE Law now pending at the House of Representatives but certified as urgent by President Ferdinand Marcos Jr., should foster more investments and enhance the country’s competitiveness, Colliers Research said Thursday.
BDO cuts short offer period for ASEAN Sustainability Bond by a week on strong demand
BDO Unibank Inc., the country’s largest lender by assets, on Wednesday cut short the offer period for its second ASEAN Sustainability Bond issue due to strong demand from both retail and institutional investors.
7-year bond offer attracts over P100B bids
The Bureau of the Treasury attracted bids totaling P107.1 billion for the 7-year paper it offered at the auction Tuesday.
Former Finance Sec. Diokno seventh man at MB
Former Finance Secretary Benjamin E. Diokno has been appointed as a full-time member of the Monetary Board for a six-year term effective 15 January 2024, after having served as chief of the Department of Finance.
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
