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Category: Business

Less chicken imports sought as DA studies Romblon poultries

Broiler growers here on Monday appealed to the Department of Agriculture (DA) to ease the importation of frozen chicken meat in view of the prevailing oversupply situation, leading to declining revenues for the local poultry industry. The call coincid…

PH stocks rise, peso ends sideways after Fed rate pause

The main stocks index ended Thursday higher while the peso moved sideways following the pause in the rate hiking cycle of the Federal Reserve earlier in the day. The Philippine Stock Exchange index (PSEi) rose by 0.43 percent, or 27.36 points, to 6,46…

Traders ‘shortchange’ hog raisers amid ASF threat in Antique

The Antique Provincial Veterinary (ProVet) has warned hog raisers against unscrupulous traders offering to buy their hogs at a lower price due to the suspected case of African swine fever (ASF) that was reported in the municipality of Hamtic. ProVet P…

BTr fully awards reissued 20-year T-bonds

The Bureau of Treasury (BTr) on Wednesday fully awarded the reissued 20-year Treasury bonds. In a statement, the BTr said the T-bonds fetched an average rate of 6.085 percent. This was lower than the coupon rate of 6.500 percent when it was first issu…

PH economic team to entice more investors from Singapore

The economic team of President Ferdinand R. Marcos Jr. will be holding its second economic briefing in Singapore to attract more foreign investments. The second Philippine Economic Briefing (PEB) with the Singaporean business community will be held on…