Top News
Presidential trips abroad bolster BOI-approved investments–DTI
Investment pledges approved by the Board of Investments in the first nine months of this year has more than doubled to P734 billion from the year-earlier period, bolstered by gains from the foreign visits of President Ferdinand Marcos Jr., a trade and industry official said Tuesday.
Treasury bill yields higher at auction despite rejections
Treasury bill yields, a reflection of the cost incurred when government borrows short term, were higher at the auction Monday even as the Bureau of Treasury rejected some bids, particularly for three- and six-month debt papers.
Oil, Treasuries, gold prices jump amid Mideast fears
Oil, U.S. Treasuries and gold prices rose on Friday, with crude soaring nearly 6 percent, on safe-haven buying driven by the escalating Middle East conflict as Israel urged civilians to leave the northern Gaza Strip.
High private worker pay in three regions effective 16 October
Private sector workers in Region XII, Region II, and Region III can expect higher salaries by 16 October when the new regional daily minimum wage rates take effect.
Monetary board green lights $2.7 billion 3Q government borrowing plan
The monetary board of the Bangko Sentral ng Pilipinas (BSP) on Friday approved the government plan to borrow $2.7 billion more from overseas creditors in the quarter ending September this year.
