The Bureau of the Treasury announced that the national government is set to borrow P585 billion from the domestic market in the first three months of next year to cover its budget shortfall. Based on the Treasury’s quarterly local borrowing plan, the Marcos administration plans to issue P195...
WASHINGTON (AFP) -- Buffalo quarterback Josh Allen made NFL history to ignite the Bills' 31-10 rout of Dallas on Sunday, Dec. 17, to snap a five-game win streak even as the Cowboys clinched a playoff berth. Josh Allen of the Buffalo Bills attempts a pass while Stefon Diggs of the Buffalo Bills runs...
The higher availability and dispatch of generated capacities from power plants have been softening prices in the Wholesale Electricity Spot Market (WESM) – and if the trend will be sustained, that could redound as reduction in the January electric bills of consumers. According to the Independent...
LOS ANGELES (AFP) -- Josh Allen and Buffalo Bills kept their NFL post-season hopes alive with a nail-biting 20-17 victory over the Kansas City Chiefs on Sunday, Dec. 10, as Baltimore held off the Los Angeles Rams to move into pole position in the AFC playoff race. Josh Allen of the Buffalo Bills is...
The Philippine Statistics Authority (PSA) reported that the country's energy consumption registered a slight increase last year, with non-renewable sources contributing to almost half of the total energy supply. Data from the PSA indicated that the overall final energy consumption in the country...
The national government partially awarded its short-term debt papers as yields increased following the previous week's decline. The Bureau of the Treasury failed to meet its P11.2 billion target, managing to raise only P9.685 billion. The total bids received during the auction amounted to P34.372...
Due to the holiday season, the national government has scaled back its domestic borrowing plan for the month of December. Data from the Bureau of the Treasury showed that the Marcos administration intends to borrow just P60 billion next month, a substantial decrease from November's P225 billion....
Short-term benchmark interest rates sharply dropped anew, now below the local policy rate of 6.50 percent. At the Bureau of the Treasury auction on Tuesday, Nov. 28, the national government fully awarded its P10 billion offering. Total demand reached P72.215 billion, more than seven times higher...
LOS ANGELES (AFP) -- Quarterback Jalen Hurts ran in an overtime touchdown to give the Philadelphia Eagles a 37-34 NFL win over the Buffalo Bills on Sunday, Nov. 26, and move them to 10-1 on the season. Jalen Hurts of the Philadelphia Eagles attempts a pass during the second quarter against the...
The Bureau of the Treasury has decided to cancel its short-term borrowing plan for next week to give way for the government's maiden offering of blockchain-backed debt instruments. In a notice signed by Deputy National Treasurer Erwin D. Sta. Ana, the bureau has announced the cancellation of...
The Manila Electric Co. (Meralco) said that the power prices in the country coincide with the real electricity costs, and that their rates are fair and reasonable to its service quality. Meralco issued the statement to clarify the recent statements made by ACT-Teachers Representative France Castro,...
The national government successfully sold its short-term debt papers as benchmark yields decreased after a seven-week rise. On Monday, Nov. 13, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P46.441 billion, three times...
