Top News
Filinvest Land eyes up to P12B from bond issuance
Filinvest Land Inc., the listed property development arm of the Gotianun Group, said Monday its executive committee has approved the issuance of up to P12.0 billion in peso-denominated fixed-rate bonds, with a maturity period of up to 10 years.
Treasury bill rates rise after November inflation data
The average interest rates on treasury bills rose at Monday's auction, reflecting concerns over inflationary pressures following the release last week of November data, which showed a pick-up in price increases driven by supply bottlenecks caused by recent weather disturbances.
Government think tank projects steady growth in 2024-2025
The Philippines is expected to remain resilient over the next two years, fueled by strong domestic consumption, infrastructure investment, and an expanding services sector, according to a new report from the Philippine Institute for Development Studies (PIDS).
GIR decline highlights resilience of Philippines’ external liquidity
The country's gross international reserves (GIR) dropped to USD108.5 billion as of end-November 2024, down from USD111.1 billion in October, according to the latest...
Philippine employment data reveal mixed trends; Oct rate at 3.9%
The unemployment rate eased to 3.9 percent in October 2024 from 4.2 percent in the same month last year, with the number of jobless Filipinos declining to 1.97 million from 2.09 million.
