Treasury raises award for T-bills; rates increase
BW FILE PHOTOBy Aaron Michael C. Sy, ReporterTHE PHILIPPINE government raised the award for Treasury bills (T-bills) it sold on Monday with higher rates amid inflationary concerns stemming from US President-elect Donald J. Trump’s planned fiscal policies.The Bureau of the
DITO CME proceeds with follow-on offering
BW FILE PHOTODITO CME Holdings Corp. is now proceeding with its follow-on offering, targeting to raise as much as P2.05 billion, the operator of telecommunications company DITO Telecommunity Corp. said on Monday.DITO CME priced its follow-on offering of 1.95 billion
DMCI Homes eyes P30B from Kalea, plans more Cebu projects
1 of 2By Beatriz Marie D. Cruz, ReporterDMCI Homes, Inc. expects its four-tower project, Kalea Heights, in Cebu City to generate around P30 billion in revenue, the Consunji-led developer said.“Here in Cebu, we’ve observed that other developments’ approach to solving
Shooter shot himself in the foot
PHILIPPINE STAR/JESSE BUSTOSShooting oneself in the foot is an idiomatic expression that means foolishly putting oneself in trouble. Then presidential candidate Rodrigo Duterte said at a rally in April 2016, “I’m used to shooting people.” But he shot himself in
BDO CEO expects to sustain net income growth next year
NESTOR TAN — BDO.COM.PHBDO UNIBANK, Inc. expects to sustain its profit growth in 2025 on continued core business expansion amid expectations of rate cuts from the Philippine central bank.“We’re hoping to sustain our net income growth because our earnings come