Patrick Mahomes, Travis Kelce and the Kansas City Chiefs are going for a three-peat in a Super Bowl rematch. Kansas City Chiefs quarterback Patrick Mahomes and tight end Travis Kelce celebrate victory against the Buffalo Bills after the AFC Championship NFL football game, Sunday, Jan. 26, in Kansas...
President Marcos is expected to sign four of his priority bills, including the 2025 national budget, before the year ends, the Presidential Legislative Liaison Office (PLLO) said on Monday, Dec. 9. President Ferdinand 'Bongbong' Marcos Jr. signs three legislative measures into law: ‘Amendments to...
Yields on shorter-dated government IOUs mostly edged higher for the ninth consecutive week, driven by expectations of rising inflation and a strong US dollar. The Bureau of the Treasury successfully raised P15 billion from its latest Tresury-bill auction that attracted P57.0 billion in...
Power retailer Manila Electric Company (Meralco) announced a P0.4274 per kilowatt-hour (kWh) increase in electricity rates for November, bringing the overall rate to P11.8569 per kWh from October's P11.4295 per kWh. In a briefing, Joe Zaldarriaga, Meralco vice president and head of corporate...
Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand. During the auction on...
By Derco Rosal Short-term government debt interest rates increased anew for the fifth consecutive week due to strong investor demand, driven by expectations of future rate cuts, US inflation concerns, and a possible Trump win. A Trump win in the US elections is seen to result in an increase in US...
ACT Teachers Party-list Rep. France Castro (Facebook) ACT Teachers Party-list Rep. France Castro wants electricity bills waived for households severely affected by typhoon “Kristine”, as she highlights the need for “compassionate policies” to...
President Marcos has directed the Energy Regulatory Commission (ERC) to study the possible implementation of temporary relief on electricity bill payments in areas under state of calamity due to Severe Tropical Storm (STS) Kristine. Residents of Vista Verde Executive Village in Cainta, Rizal use...
By DERCO ROSAL A weaker peso, coupled with higher import prices, cautious US Federal Reserve signals, and the recent reserve ratio cut, pushed short-term government debt interest rates higher for four consecutive weeks. At Monday’s auction, Oct 28, the Bureau of the Treasury (BTr) raised...
By DERCO ROSAL Interest rates on short-term government debt continued to increase for three consecutive weeks due to falling oil prices, relatively strong investor demand, and anticipation of the reserve requirement ratio (RRR) cut taking effect on Oct. 25. At Monday’s auction, Oct 21, the Bureau...
Interest rates on short-term government debt continued to increase, driven by a weaker peso and external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts. At Monday’s auction, Oct 14, the Bureau of the Treasury (BTr) successfully raised P20 billion...
By DERCO ROSAL Interest rates on short-term government debt increased despite a four-year low inflation rate in September, driven by external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts. At Monday’s auction, Oct 7, the Bureau of the Treasury...
