17 February 2019

  • Tenders for 7-year T-bonds in BTr tap facility almost 5 times oversubscribed
    STRONG liquidity in the local market was shown during the auction under the tap facility of the Bureau of the Treasury (BTr) on Tuesday, as tenders for the seven-year Treasury bonds (T-bonds) were almost five times oversubscribed. Based on the auction results under the tap facility, tenders for the government security were almost five times […]
  • PLEA loans released to farmers, fishers hit P1.64 billion
    THE Agricultural Credit Policy Council (ACPC) said it has disbursed P1.64 billion in loans to small-scale farmers from June 2017 to December 2018, as part of government efforts to expand their access to affordable credit. The ACPC, an attached agency of the Department of Agriculture (DA), said its Production Loan Easy Access (PLEA) program released […]
  • Deutsche Bank seeks to rebuild in Middle East after cost cutting
    DEUTSCHE Bank AG aims to rebuild in the Middle East after years of cost cutting and has hired executives to help win debt and advisory deals. “We have pivoted from a pure cost-control focus in 2018 to a controlled, disciplined growth phase in 2019,” Jamal Al Kishi, chief executive officer of the Middle East and […]
  • Reforms to cut Q3 inflation to 2%–Diokno
    Inflation could fall to as low as 2 percent in the third quarter as measures rolled out by the government to boost food supply will further stabilize consumer prices, according to Budget Secretary Benjamin E. Diokno. Diokno also told reporters in a news briefing on Wednesday that inflation in the second quarter may fall within […]
  • LandBank regular loans up 33% to P799.2 billion in 2018
    GOVERNMENT-OWNED Land Bank of the Philippines (LBP) reported record-high growth in its gross loan portfolio, as it capped 2018 with P799.2 billion in gross regular loans. This is higher by 33 percent than the P601.2 billion reported in 2017 and is the highest year-on-year growth since 2009. This translates to a 29-percent rise in the […]

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