Top News
ADB seeks month long bid submission extension of the NAIA rehab contract
The Asian Development Bank (ADB) wants to extend for a month the submission of bids for the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.
Treasury bill yields drop at auction; total tenders swell to P72.22 billion
The National Treasury awarded in full the P10 billion it offered at the auction Tuesday, an amount lower than the usual size after the government issued tokenized treasury bills and disclosed plans to raise USD1 billion from the offer of Sukuk bonds.
Barely enough power for industry, households forecast in 2024
Power industry leaders have warned of inadequate power supply next year, saying there is barely enough for the country' requirements given no new power plants coming online anytime soon.
Philippines launches maiden sukuk bonds sale
The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.
Government reworking game-changing commuter, long-haul rail lines abandoned by China
The Department of Transportation on Friday said the North-South Commuter Railway (NSCR) and South Long Haul (SLH) rail are game-changing projects seen reviving the country's rail industry.
