Top News
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.
2024 holiday schedule
President Ferdinand Marcos Jr. On Friday issued Proclamation Order 368 that sets the legal holidays for 2024. The advance holiday declaration allows business and individuals to plan ahead, especially travel arrangements that promote the tourism industry.
