Bangko Sentral ng Pilipinas said a total of P80 billion will be offered this week, lower than the P100 billion last week. The seven and 14-day facilities will be offered for P20 billion each, while the 28-day offering is P40 billion. RAPPLER

TDF rates mixed anew

MANILA – The rates of Bangko Sentral ng Pilipinas’ (BSP) term facilities ended mixed anew on Wednesday, with undersubscription registered in the longest-tenor facilities. The rate of...
Christmas Eve dinner buffet

Delight in rustic revelry this Christmas at Richmonde Hotel Iloilo

MAKE the Yuletide merry and bright. Celebrate the holidays with Richmonde Hotel Iloilo as it fills your Christmas and New Year with joy and merriment. Experience...
A breakfast of scrambled eggs, rice and coffee with milk is one of three “no-frill” meals in a day that a Filipino family of five can fit in a monthly budget of P10, 727 that the government says is enough to meet “basic” food and non-food needs. REUTERS BLOGS

What can family of 5 eat with P10,727 per month?

MANILA – A breakfast of scrambled eggs, rice and coffee with milk is one of three “no-frill” meals in a day that a Filipino family of...
A truck passes by China Shipping containers at the Port of Los Angeles. MARK RALSTON/AFP

ADB cuts growth forecasts for China, developing Asia as trade war bites

THE Asian Development Bank (ADB) said Wednesday it lowered its growth forecasts for developing countries in Asia this year and the next, as a weaker outlook...
An aerial view of Makati City, the financial center of the Philippines. Foreign investments are up a whopping 348 percent between January to July, while local investments increased slightly by 2.7 percent. ORANGETRANSLATIONS.COM

British firms keen on doing business in PH

MANILA – More British companies are keen on doing business in the Philippines as supported by the country’s growing economy and availability of an educated workforce. British...
A smartphone user shows the Facebook application on his phone. Facebook Inc. dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020 from the seventh it had secured last year, amid heightened scrutiny of the world’s largest social network. REUTERS

Facebook drops from Glassdoor’s top 10 workplaces

FACEBOOK Inc. dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020 from the seventh it had secured last year, amid...
High liquidity because of cuts in banks’ reserve requirement ratio (RRR) resulted to the decline of the interest rate of government-issued three-year treasury-bond (T-bond) on Tuesday. AP

PH 3-year T-bond rate falls

MANILA – High liquidity resulted to the decline of the interest rate of government-issued three-year-treasury bond (T-bond) on Tuesday. The rate of the debt paper slipped to 3.724...
Employees work on a drilling machine production line at a factory in Zhangjiakou, Hebei province, China. Manufacturers in the United States expect a bounce in revenues in 2020 despite lingering unease over trade tariffs that are prompting supply chain shifts, according to an industry survey released Monday. REUTERS

US manufacturers see higher 2020 sales despite trade gloom

NEW YORK – Manufacturers in the United States expect a bounce in revenues in 2020 despite lingering unease over trade tariffs that are prompting supply chain...
TURNOVER. During the ribbon cutting for the turnover of the sustainable rainwater harvester of Metro Iloilo Bulk Water to Sto. Angel Elementary School in Barangay Sto. Angel, San Miguel, Iloilo on Nov. 22, 2019, from left: Metro Iloilo Bulk Water (MIB) chief operating officer Engr. Rolixto Jodieres Jr., Principal of Sto. Angel Elementary School Sally Salaveria, Kagawad Nith Cris Alcala, MIB Human Resources manager Sheena Marie Antonio, Metro Iloilo Water District (MIWD) officer-in-charge general manager Janelle Managero, MIWD officer-in-charge Human Resources head Rafonsil Andrade, MIB Facilities and Plant Maintenance Manager Engr. Ariel Huyong and pupils of Sto. Angel Elementary School.

MIB turns over rainwater harvester to Sto. Angel Elementary School

ILOILO bulk water supplier turned over a rainwater harvester to Sto. Angel Elementary School in Brgy. Sto. Angel, San Miguel, Iloilo on Nov. 22, 2019. The school...

Nissan GT-R50 now ready for production

The production-ready Nissan GT-350 barely changed at all from the quite stunning concept car first revealed to celebrate the GT-R’s half-century back in 2018. It’s more aggressive...