Benchmark interest rates increased across the board at Tuesday’s auction of short-term government debt papers, as investors wait for the latest inflation report and shift in policy at US Federal Reserve. The yield on the 91-day Treasury bill, which banks use in pricing their loans, went up to...
Be wary of accepting money from politicians who would attempt to buy your votes as you may have unknowingly been exchanging the country’s future for fake peso bills. The Philippine National Police (PNP) reported Friday, Oct. 29, the arrest of two men in Cebu City who allegedly manufactured fake...
Benchmark interest rates move sideways By CHINO S. LEYCO The short-term benchmark interest rates move sideways. At Monday's auction of Treasury bills on Oct. 25, the bellwether 91-day T-bill rate, which banks use in pricing their loans, slightly rose to 1.119 percent from 1.113 percent previously....
Benchmark interest rates moved sideways on Monday, Oct. 18, as yields for the three-month and one-year IOUs resumed their increase, while the six-month paper marginally dropped. The 91-day Treasury bill rate, which banks use in pricing their loans, went up to 1.113 percent from 1.095 percent a week...
Investors pressed for an increase in Philippine benchmark interest rates for short-term loans following the US Federal Reserve’s pronouncement that it will likely begin reducing its monthly bond purchases. At Monday's auction of Treasury bills, Oct. 11, the bellwether 91-day T-bill rate, which...
Benchmark interest rates resumed their slide as the local debt market remains very liquid despite concerns on inflation, the Bureau of the Treasury said. At Monday's auction, Sept. 27, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 1.060 percent from 1.070...
Manila Water Company Inc. is urging its customers in eastern Metro Manila and Rizal Province to use the company’s latest mobile application app, which will help ensure their safety during the pandemic. The app, according to Manila Water, allows customers to access their bills and pay online...
The House Committee on National Defense and Security will have its hands full as it takes swift action on the legislative priorities President Rodrigo Duterte outlined in his recent State of the Nation Address. Police personnel Legislative measures providing for free legal assistance to personnel...
Police Gen. Guillermo Eleazar, Chief of the Philippine National Police (PNP), expressed gratitude to President Duterte on Tuesday, July 27, for pushing in the final year of his term two priority bills that will benefit the organization's 220,000-strong personnel. (File photo from Philippine...
The Department of Science and Technology (DOST) said Monday, July 26, that it was “happy” to hear that the bill seeking the establishment of a Virology Science and Technology Institute of the Philippines (VSTIP) has been included in the list of priority measures President Duterte mentioned...
Malacañang nudged Congress to pass the administration's priority bills before the year ends, noting that many of them will be busy with their reelection bids in 2022. Presidential Spokesman Harry Roque (File photo/Malacañang) Presidential Spokesman Harry Roque made the statement days ahead of...
Malacañang nudged Congress anew to pass a measure putting an end to contractualization (ENDO), saying such law remained to be an administration bill. President Rodrigo Duterte. (Malacañang photo) Roque made the statement a week before President Duterte delivers his last State of the Nation...