Top News
China wind farm equipment manufacturers look to seal $4-billion investment bid by yearend
The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.
Treasury bill yields continue to rise despite bid rejections
Yields on Treasury bills (T-bills) were higher at the auction held Monday, with the Bureau of Treasury allowing the average rate of the 91-day treasury paper to top 6.00 percent.
Six-month net oil import bill down 17% to $8.16B
The country's net oil import bill in the first six months this year eased 17 percent to only $8.16 billion from last year's $9.84 billion, according to the Department of Energy (DOE).
DOTr rejects NAIA consortium member bid to own equity above 20%
The Department of Transportation (DOTr) has thumbed down the request of participating airline-related entities to own more equity than allowed at present at the consortium proposing to rehabilitate, optimize and maintain the Ninoy Aquino International Airport for P170.6 billion
Philippines to recruit ‘cyber warriors’ for online defense
The Philippine military is creating a cyber command to improve defences against almost daily cyber attacks and will relax recruitment rules to ensure it can attract online experts, the chief of the armed forces said on Thursday.
