RATES of government securities on offer this week may climb due to faster inflation in October and hawkish signals from the Bangko Sentral ng Pilipinas (BSP).The Bureau of the Treasury (BTr) will auction off P15 billion in Treasury bills (T-bills) on Monday, made up of

BW FILE PHOTOTHE PESO may strengthen this week amid the seasonal inflows of remittances due to the upcoming holiday season, which could support the currency.The local unit finished trading at P58.55 against the greenback on Friday, appreciating by 25 centavos from the P58.80-per-dollar close on

BW FILE PHOTOLOCAL EQUITIES are expected to trade sideways this week ahead the release of third-quarter Philippine gross domestic product (GDP) data and the October US consumer inflation report.On Friday, the benchmark Philippine Stock Exchange index (PSEi) rose by 29.42 points or 0.47% to end

The country’s balance of trade deficit narrowed in September after imports growth slowed to a 19-month low while exports ended its two-month slump, the Philippine Statistics Authority (PSA) reported on Friday. Read the full story.Neil

Annual inflation quickened to its fastest pace in almost 14 years in October, as food prices soared due to the impact of recent typhoons, the Philippine Statistics Authority (PSA) said. Read the full story.

SHELL GLOBALTHE GOVERNMENT could have used the remaining gas from the Malampaya field as a stabilizing source of supply to temper price volatility in the gas market, instead of allowing control of the field to change hands, according to an alternative-energy think tank. “In the interim

PHOTO BY BERNARD HERMANTTHE supermarket industry has asked the government to lean on manufacturers not to raise prices in the next three months in order to contain inflation.Steven T. Cua, Philippine Amalgamated Supermarkets Association president, said the Department of Trade and Industry (DTI) should do

PHILSTARSUBSIDIES provided to government-owned and -controlled corporations (GOCCs) more than doubled in September, the Bureau of the Treasury (BTr) reported.The BTr reported that budgetary support to GOCCs jumped 158.2% year on year to P23.652 billion. It also increased 52.2% from August.The government provides subsidies to

THE Philippine Economic Zone Authority (PEZA) has agreed to promote sustainability among locators by subscribing to a program promoted by the Swiss government and the Global Reporting Initiative (GRI) that will make exporters more accountable for their environmental practices.In a statement issued Nov. 4, PEZA

Whether before or during the pandemic, related party transactions continued to proliferate both on a domestic and global scale. Business organizations should be mindful of the complexities of the rules surrounding their transactions with related parties. Philippine taxpayers have been anticipating transfer pricing audits by

HOUSTON ASTROS owner Jim Crane lifts the World Series trophy after the Astros defeated the Philadelphia Phillies in game six of the 2022 World Series at Minute Maid Park. — ERIK WILLIAMS-USA TODAY SPORTSHOUSTON — Yordan Alvarez drilled a three-run home run to straightaway center field to support another strong effort

PHILIPPINES’ Carlos Edriel Yulo in action during the men’s apparatus floor exercise. — REUTERS/PHIL NOBLEFOR the second straight World Championships, Carlos Yulo succumbed to pressure in the apparatus he was favored to dominate — the floor exercise.In a heartbreaking performance that was in stark contrast to his master class