Top News
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.
China says no unusual pathogens found after WHO queries respiratory outbreaks
Chinese health authorities have not detected any unusual or novel pathogens and provided the requested data on an increase in respiratory illnesses and reported clusters of pneumonia in children, the World Health Organization (WHO) said on Thursday.
