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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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Pinched wallets, sharper choices reshape Filipino spending

Economy 0
Filipino consumers are tightening their belts and reading the fine print as financial strain pushes them toward more cautious, calculated, and emotionally driven spending, according to Germaine Reyes, chief executive of Synergy Market Research + Strategic Consultancy.

Globe expands “buy now, pay later” mobile services for prepaid users

Communications & Technology 0
Globe Telecom Inc. is expanding its “buy now, pay later” connectivity services to help prepaid users stay connected despite ongoing global challenges.

DA strikes major deals to modernize farms, boost food security

Agriculture 0
The Department of Agriculture (DA) has signed two separate agreements aimed at modernizing the farm sector, increasing farmers’ incomes, and improving food security.

PHINMA names new VPs to boost leadership

Corporate Bulletins 0
PHINMA Corp. has promoted three senior officials to vice president positions as part of efforts to strengthen its leadership team and support business growth.

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