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BPI sets P5B fixed-rate bond offer; bond sale starts Oct 17

Banking & Insurance Context.ph Context.ph -
The Bank of the Philippine Islands intends to offer and issue P5 billion of peso fixed-rate bonds due 2025, with an option to upsize.BPI said...

First Gen securing P60B to fund geothermal activities

Energy & Mining Context.ph Context.ph -
First Gen Corp. is securing as much as P60 billion from a combination loan and internally generated funds to finance the drilling of as many as 40 wells and extract steam for its geothermal projects.

Treasury sets auction of $200M 5.5-year retail dollar bond Wed

Banking & Insurance Context.ph Context.ph -
The Bureau of Treasury will start on Wednesday a one-week offer of US dollar bonds to retail investors to raise around $200 million from 5.5-year US dollar bonds for budget support.

BSP rules out any more deposit reserve cut for thrift banks

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas ruled out any more reduction in the deposit reserve requirement of thrift banks, saying that at 2 percent, the mandatory reserves are already low.

NAIA climbs 14 steps higher in latest OAG rankings

Transport & Logistics Context.ph Context.ph -
The Ninoy Aquino International Airport (NAIA), in the hierarchy of the world’s internationally connected airports, rose 14 notches in 2023 compared to the 2019 rankings.
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Philippine-EU trade deal key as GSP+ exit nears

Trade & Investments 0
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

Trade & Investments 0
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Communications & Technology 0
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.

New fish farming technology launched in Western Visayas

Agriculture 0
The Department of Agriculture and National Fisheries Research and Development Institute are bringing snubnose pompano farming to Western Visayas, offering fish farmers a profitable new option.

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