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GoTyme Bank rounds 2023 with P10 billion in deposits

"A shoutout to all you wonderful humans out there. Domo arigato to our GoTyme Bank colleagues for reaching 2 million customers and 10 billion pesos in deposits in 14 months!" the executive at one of the country's largest conglomerates said in his social media account, LinkedIn.

National Treasury allows higher treasury bill yields at auction

The Bureau of the Treasury (BTr) allowed Treasury bill (T-bill) yields to rise at the auction Tuesday, awarding the entire upsized offer at its first fund-raising effort for 2024.

Mindful PPA puts behind ugly Manila incident with trained front liners in ports across the country

The Philippine Ports Authority (PPA), which took care of more than 80,000 cruise ship passengers visiting the Philippines this year, plans developing more cruise terminals in 2024. 

November budget deficit narrows by 25% to P93.3 billion

The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.

Inflation seen easing some more in December

Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.

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Meralco holds animal welfare event for anniversary

The Manila Electric Company (Meralco) marked its 123rd founding anniversary by hosting an animal welfare event aimed at promoting responsible pet ownership, public health, and safer communities.

Biofuels pushed as buffer vs oil supply risks

Stakeholders in the local biofuels industry are urging the government to maximize the use of locally produced biofuels to help protect the country from possible fuel supply disruptions caused by the continuing conflict in the Middle East.

DA-FTI assures sufficient P20 rice supply, urges responsible purchasing

The Department of Agriculture (DA) and state-owned Food Terminal Inc. (FTI) on Friday urged Filipinos not to abuse the government’s subsidized rice program, warning that unusually large crowds at distribution sites are creating the false impression of a supply shortage.

Salceda sees crude oil above $80/barrel, volatility easing

Crude oil prices are likely to remain above USD80 per barrel in the coming weeks, but the era of massive pump price surges may already be fading, according to economist and former Albay congressman Joey Salceda.

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