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Filipino rice farmers earn P10,836 for 4 months’ work

Filipino rice farmers in 2022 earned an average P10,836 for every hectare—an income that requires frontloaded investment and a waiting period of up to four months highly at risk to weather changes.

National Treasury sets coupon rate on 5.5Y retail dollar bond at 5.750%

The Bureau of Treasury set at an auction Wednesday the coupon rate on the retail onshore US dollar bond it will offer to the public at  5.750 percent.

CAB keeps fuel surcharge unchanged for October

The Civil Aeronautics Board (CAB) on Tuesday kept the fuel surcharge for passengers and cargo unchanged two months in a series at level 6 in October. 

National Treasury rejects all tenders for 3-year T-bonds

The national treasury rejected all bids for the P30-billion, three-year treasury bonds it offered at auction Tuesday to prevent the cost of borrowing from rising.

Holcim readies for delisting from PSE on November 27

Holcim Philippines Inc. said Tuesday it is looking to delist from the Philippine Stock Exchange on Nov. 27.

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Meralco Networks Group retains ISO quality certification with zero non-confirmities

The Networks Group of the Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has kept its ISO 9001:2015 Quality Management System certification after passing its second surveillance audit with no issues found.

BPI to launch stablecoin settlement system for faster, cheaper cross-border payments

The Bank of the Philippine Islands (BPI) has announced plans to introduce stablecoin settlement rails in partnership with global digital clearinghouse Meridian, aiming to modernize how funds enter the country with an initial focus on payroll support for informal economy workers such as freelancers and virtual assistants.

ADB backs LWUA’s P1.99-B projects for water districts

The Asian Development Bank will support the Local Water Utilities Administration in carrying out a P1.99 billion development project covering 11 water districts across the country.

PH strengthens US tariff case with forced labor ban

The Philippines has bolstered its position in the US' ongoing Section 301 tariff review by adopting stricter rules that prohibit the importation of goods produced through forced labor, a move aimed at strengthening supply chain integrity while protecting domestic manufacturers from unfair competition.

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