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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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Power restoration underway; agri damage still reported after Sarangani quake

Efforts to restore power and assess the impact on farming continue following the magnitude 7.8 earthquake that struck Sarangani and nearby areas on Monday, according to the Department of Energy (DOE) and Department of Agriculture (DA).

New Manila International Airport’s first runway ready by 2028

San Miguel Corp. on Tuesday confirmed that the first runway of the New Manila International Airport in Bulakan, Bulacan will be operational no later than the second quarter of 2028, even as other parts of the project face adjusted timelines.

RACE program revival could boost ICE vehicles

The government is weighing a revival of incentives for internal combustion engine (ICE) vehicle manufacturers under the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, signaling a more technology-neutral approach to supporting the Philippine automotive sector.

Mandarin Oriental Makati redefines urban luxury experience

The upcoming Mandarin Oriental Makati marks a bold return of an iconic hospitality brand, reimagined for a new generation of urban travelers in Manila’s premier business district. 

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