The government was awarded a $52.5 million payout for losses the country suffered due to Typhoon Odette, the Department of Finance (DOF) announced on Tuesday, Jan. 25. Many Filipinos affected by Super Typhoon Odette are still in need of help up to this day In a statement, the DOF said the...
Lingering anticipation over unwinding monetary policies in the United States pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Jan. 18, the coupon rate for new 10-year Treasury bond fetched 4.875 percent, up from an interest rate of...
The Office of the Presidential Spokesperson (OPS) cautioned the public about individuals using the name of Cabinet members to solicit money for an unauthorized medical bond/medical insurance that would be used in applying for a government position. Cabinet Secretary Karlo Nograles (Malacañang...
converge Domestic credit rating agency Philippine Ratings Services Corp. (PhilRatings) gave the highest credit rating of "Aaa with stable outlook” to the P5 billion maiden bond offer of Converge ICT Solutions Inc., with an oversubscription option of up to P5 billion. PRS gave the rating due to...
A proper send-off for Daniel Craig and the birth of something new Daniel Craig as James Bond figuring out one of his final tasks Right off the bat, you’ll be greeted by a stirring event that leads to an interesting backstory. In “No Time To Die,” James Bond has left active service and is...
BATANG MAYNILA Manila Mayor Isko Moreno When I ran for mayor in 2019, I made pledges to the people of Manila. Modesty aside and with the invaluable help and support of my colleagues in the Manila city government, I was able to fulfill all my campaign promises with some bonuses on the side. This is...
Daniel Craig will star in his fifth and final James Bond film “No Time to Die,” which will open in Philippine cinemas on Dec. 15. “In No Time To Die,” Bond has left active service and is enjoying a quiet life in Jamaica. However, his peace is short-lived when his old friend Felix Leiter...
Gov’t borrows P360 billion from small investors By Chino S. Leyco The Duterte government completed its borrowing from small investors through the sale of retail Treasury bonds (RTB), the Bureau of the Treasury announced. In a statement, Monday, Nov. 29, the Treasury said the government sold...
Small Filipino savers can now take a piece of the government's latest Retail Treasury Bond (RTB) sale. Bureau of the Treasury office The Bureau of the Treasury has launched an offering of five-and-a-half-year RTBs that fetched a coupon rate of 4.625 percent. The offer period runs until Nov. 26,...
Speculation about a possible policy rate adjustment and higher full-year inflation pushed up the yield for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Nov. 9, the interest rate for the 10-year Treasury bond went up to 5.130 percent from 4.468 percent last...
Banks pressed for an increase in Philippine benchmark interest rates for short-term loans as the government mulls borrowing from small investors before the end of the year through the sale of retail Treasury bonds (RTB). At Monday's auction of Treasury bills on Nov. 8, the bellwether 91-day T-bill...
Lingering concerns over higher than expected inflation and the looming scaled back stimulus program in the United States pushed up the interest rate for long-term Philippine debt papers. At the Bureau of Treasury auction on Wednesday, Nov. 3, the yield for the five-year Treasury bond went up 3.762...
