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.
Binalot Foods Corp., the fast-casual brand famed for meals wrapped in banana leaves, is sharpening its growth playbook as it deepens its Philippine footprint and eyes a return to overseas markets.
The Board of Investments (BOI) has approved P977 billion worth of investment projects year to date, signaling robust investor confidence and reinforcing the Philippines’ push to become a regional hub for smart and sustainable investments.
The Department of Transportation (DOTr) has ordered the Maritime Industry Authority (MARINA) to speed up the deployment of additional passenger ships at Lucena ports to uuuaddress the growing number of travelers heading to Romblon for Christmas.