BW FILE PHOTOBy Aaron Michael C. Sy, ReporterThe Bureau of the Treasury (BTr) fully awarded P30 billion in reissued 10-year Treasury bonds (T-bonds) on Tuesday, despite slightly higher yields, as inflation in June remained below target.Total bids reached P64.04 billion, more than double the amount
STOCK PHOTO | Image by from Freepik(Part 1)Last year, total personal remittances from overseas Filipino workers (OFWs) to the Philippines reached $38.34 billion, representing a 3% increase from the $37.21 billion recorded in 2023. Cash remittances (sent through banks) totaled $34.49 billion, up 3% from
The UK Government has announced a record £92 billion investment in more than 50 major road and rail upgrades across England and Wales, promising to boost economic growth, create tens of thousands of jobs, and significantly improve journey times for commuters and businesses. Part of the
Chancellor Rachel Reeves has been warned that her economic roadmap may need to be “ripped up” as a global market shock triggered by Donald Trump’s new wave of tariff threats drives up UK government borrowing costs and rattles investor confidence. The yield on 10-year UK gilts
The High Court trial between PPE Medpro and the Department of Health and Social Care (DHSC) drew towards its conclusion today, with a blistering set of closing submissions from the defence that portrayed the government’s £122 million claim as a desperate attempt to deflect attention
Monzo has been fined £21 million by the Financial Conduct Authority (FCA) after fraudsters were able to open bank accounts using clearly fake or implausible addresses — including Buckingham Palace and 10 Downing Street. The FCA said Monzo’s financial crime controls were “completely inadequate”, allowing thousands
The UK government is to ban the use of non-disclosure agreements (NDAs) that silence employees who experience harassment or discrimination in the workplace, under landmark changes to the Employment Rights Bill.The new amendments, tabled ahead of the Bill’s return to the House of Lords next
The UK’s efforts to level up its economy are under renewed scrutiny as a growing digital divide emerges between small businesses in London and those across the rest of the country.According to new research released today by e-Residency, nearly three-quarters (74%) of SMEs outside the
British steelmakers face mounting uncertainty as crucial talks with the United States over tariffs remain unresolved just days before a key deadline set by former US president Donald Trump. No 10 confirmed on Monday that the UK has not yet finalised a deal to eliminate US
Green, the leading provider of data centers in Switzerland, has announced an important technological development in energy-efficient data center cooling. The company’s Chief Operating Officer and Chief Engineer, Andrea Luigi Campomilla, has successfully commissioned a newly developed pump drive that offers promising results.The new, water-cooled
Apple has filed an appeal against a landmark €500 million (£430 million) fine imposed by the European Commission earlier this year, escalating tensions between Silicon Valley and Brussels over digital market regulation. The penalty — one of the largest ever handed to the iPhone maker by
For over two decades, SM Development Corporation (SMDC) has been known as the real estate developer that brought vertical living to the heart of business districts, changing the way Filipinos experienced condominium life. Today, the company adds a new dimension to its growing portfolio —