Treasury bill yields, a reflection of the cost incurred when government borrows short term, were higher at the auction Monday even as the Bureau of Treasury rejected some bids, particularly for three- and six-month debt papers.
Oil, U.S. Treasuries and gold prices rose on Friday, with crude soaring nearly 6 percent, on safe-haven buying driven by the escalating Middle East conflict as Israel urged civilians to leave the northern Gaza Strip.
Private sector workers in Region XII, Region II, and Region III can expect higher salaries by 16 October when the new regional daily minimum wage rates take effect.
The monetary board of the Bangko Sentral ng Pilipinas (BSP) on Friday approved the government plan to borrow $2.7 billion more from overseas creditors in the quarter ending September this year.
Globe Telecom Inc. has expanded its network infrastructure in Lipa City and several municipalities in Batangas to meet growing demand for fast and reliable connectivity.
Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.
West zone water concessionaire Maynilad Water Services Inc. is set to push through with its long-awaited initial public offering (IPO) in the coming weeks, after securing commitments from cornerstone investors who will take up over half of the offered shares.