Tag: Editors' Picks
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ERC determines higher-than-permissible NGCP MAR over four years; likely refund looms
The Energy Regulatory Commission (ERC) has determined a much lower value in the maximum allowable revenue (MAR) permitted of the National Grid Corporation of the Philippines (NGCP) for the years 2016 through 2020.
Exuberant spirits, beer sales push SMFB 9-month income 4% higher
San Miguel Food and Beverage Inc. on Wednesday reported brisk beer and spirits sales in the first nine months that boosted income by 4 percent to P27.5 billion from last year’s P26.34 billion.
Philippines farm output down 0.3% In 3Q on lower crop, fish production
The value of farm production in the third quarter declined 0.3 percent year-on-year, hurt by lower output of crops and fish, the Philippine Statistics Authority said Wednesday.
Sharp fall in imports narrows balance of trade gap in Sept
The Philippines’ balance of trade in goods showed a narrower deficit of USD3.51 billion in September, with the country importing less during the month...
T-bill rates push higher at auction
Treasury bill yields continued to climb at the auction Monday despite bid rejections, with the market still adjusting to the recent central bank rate...
