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Treasury bill yields drop at auction; total tenders swell to P72.22 billion

The National Treasury awarded in full the P10 billion it offered at the auction Tuesday, an amount lower than the usual size after the government issued tokenized treasury bills and disclosed plans to raise USD1 billion from the offer of Sukuk bonds.

Barely enough power for industry, households forecast in 2024

Power industry leaders have warned of inadequate power supply next year, saying there is barely enough for the country' requirements given no new power plants coming online anytime soon.

Philippines launches maiden sukuk bonds sale

The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.

Government reworking game-changing commuter, long-haul rail lines abandoned by China

The Department of Transportation on Friday said the North-South Commuter Railway (NSCR) and South Long Haul (SLH) rail are game-changing projects seen reviving the country's rail industry.

Survey shows online shopping scams in Philippines highest in Asia — CICC

The  Cybercrime Investigation and Coordinating Center on Thursday warned the public to be extra careful when doing their Christmas shopping online, with the scam rate done through the Internet the highest in the Philippines among 11 Asian countries.

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Marcos hikes corn import quota amid projected supply shortfall

President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.

AC Health, US partner plan Pasig hospital project 

Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Isuzu launches D-MAX LS 4×2 AT at P1.549M

Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.

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