Rates of Treasury bills, bonds may drop further
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could decline further after the US Federal Reserve began its easing cycle and the Bangko Sentral ng Pilipinas (BSP) announced a reduction in lenders’ reserve requirement
Luna Securities eyes expanded market reach
STOCK BROKERAGE firm Luna Securities, Inc. targets to expand its market reach with a lower commission rate pricing program, a company official said.“Not only do we want more Filipinos to experience stocks, but we also want stocks to be top
Rate cut impact on manufacturing to lag as policy settings still ‘tight’
REUTERSBy Beatriz Marie D. Cruz, ReporterTHE IMPACT of lower rates may not be reflected in the results of manufacturers this year, with Bangko Sentral ng Pilipinas policy remaining “tight,” according to analysts.“Given that the Philippines’ monetary policy remains tight and
Delays in landing imports also affecting shipments of meat
PHOTO COURTESY OF ICTSIPORT CONGESTION is also delaying the unloading of frozen meat, an importers group said, potentially adding another imported commodity to the list of items that cannot be brought to market promptly to mitigate high prices.“One of the
Initial work starts on preparing three ports to serve offshore wind farms
INSUNG YOON-UNSPLASHTHE Philippine Ports Authority (PPA) has kicked off the process of repurposing three ports to service the nascent offshore wind (OSW) industry, according to the Department of Energy (DoE).“The PPA has formally expressed its full support to the DoE