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Banks issue holiday advisories

MANILA — Select branches of Sy-led Banco de Oro Unibank Inc. (BDO) will be operating on shortened hours for several …

Diokno on withdrawal for 2nd MCC grant: We want policy independence

MANILA — The Philippines withdrew its  application for second assistance from the Millennium Challenge Corp. (MCC) for policy independence. Budget …

7-day TDF attracts higher bids

MANILA — Yield of the Bangko Sentral ng Pilipinas’ (BSP) seven-day Term Deposit Facility (TDF) declined Wednesday but its bid …

Peso up on tax reform law signing; PSEi down anew

MANILA — Signing into law of the  PHP3.767-trillion  2018 national budget further lifted the Philippine peso Tuesday while the Philippine …

No zero budget for opposition lawmakers’ projects: Diokno

MANILA — Budget and Management Secretary Benjamin Diokno on Wednesday took exemptions on reports that opposition lawmakers’ proposed 2018 projects …

TRAIN will exert pressure on inflation: Capital Economics

MANILA— London-based macroeconomic research firm Capital Economics sees upside pressure on inflation from the Tax Reform for Acceleration and Inclusion …

R&I affirms investment grade rating for PH

MANILA — Japanese debt rater Rating and Investment Information, Inc. (R&I) affirmed its investment grade rating of BBB with Stable …

Peso stays firm vs USD; PSEi down on profit-taking

MANILA— Seasonal inflows from overseas Filipinos in time for the Christmas holiday boosted the Philippine peso Tuesday but the main …

MICC to submit to Pres. Duterte results of studies on open-pit mining

MANILA — The inter-agency Mining Industry Coordinating Council (MICC) is set to submit to President Rodrigo R. Duterte by January …

BTr rejects bids for 5-year T-bonds

MANILA— The Bureau of the Treasury (BTr) on Tuesday fully rejected bids for the five-year Treasury bonds (T-bond) after banks …

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