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The government is set to borrow P180 billion from the domestic market through the sale of T-bonds and T-bills in the second quarter, the Bureau of the Treasury (BTr) said yesterday.

 Term deposit continued to fetch higher yield as investors expect the US Federal Reserve to further raise interest rates this year.

The board of directors of the parent firm of Philippine Airlines (PAL) has approved an equity restructuring to remove both existing and additional deficit to be incurred after the acquisition of Zuma Holdings and Management Corp. and  subsidiary Air Philippines.

Columns

It would seem President  Duterte’s diplomatic skills are coming into fruition with the ambassadors of major superpowers US and China going to Davao City to wish him a happy birthday.

Today, we recognize the latest batch of Filipina entrepreneurs who are great examples for the next generation.

It’s summer, and with it comes the scorching heat – and brownouts.

Latest Business News

Upstream oil and gas firm PXP Energy Corp. has raised its stake in London-listed Forum Energy Ltd. for $12 million.

The Bangko Sentral ng Pilipinas (BSP) has directed banks and financial institutions to disclose all charges for domestic remittance transactions to level the playing field.

Thailand’s biggest agriculture company is pouring $2 billion worth of investments in the Philippine livestock sector over the next five years.

The stock market was unable to sustain gains seen in early morning trade as the property index weighed down yesterday’s session.

Listed China Banking Corp. expects to sustain a double-digit growth of 15 percent on the back of the growth in core businesses across all market segments.

The Securities and Exchange Commission (SEC) has suspended the primary license of 84 lending companies as part of its crackdown on illegal lenders.

MetroPac Water Investments Corp. (MWIC), the bulk water subsidiary of infrastructure and toll roads conglomerate Metro Pacific Investments Corp., has bagged a P2.8 billion bulk water project in Cagayan de Oro.

Bloomberry Resorts Corp., owner and operator of Solaire Resort & Casino and Jeju Sun Hotel & Casino, returned to profitability last year.

The Philippine chapter of a private sector group created by the United Nations is pushing for better awareness for disaster risk reduction (DRR) in the country.

After close to 40 years of dedicated service to the European Chamber of Commerce of the Philippines (ECCP), the partnership between the ECCP and Henry Schumacher is moving into a new phase.  As of the end of February, Schumacher has left the ECCP in an official capacity to pursue his own dreams and advocacies.

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