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Category: Business

BTr fully awards T-bonds

The Bureau of Treasury (BTr) on Tuesday fully awarded the reissued 10-year Treasury bonds (T-bonds). With a remaining term of four years and nine months, the security fetched an average rate of 5.805 percent, lower than the coupon rate of 6.250 percen…

LTFRB: Online request on some transactions no longer mandatory

Offices of the Land Transportation Franchising and Regulatory Board (LTFRB) are opening their doors to all transactions after the lifting of mandatory online filing of requests for selected transactions. In a statement on Monday, the LTFRB said the ne…

BOI foreign investment approvals surge Jan-May to over P400-B

Approved investments from foreign sources at the Board of Investments (BOI) posted a significant increase in the first five months of the year. Department of Trade and Industry (DTI) Undersecretary and BOI managing head Ceferino Rodolfo told trade rep…