• More OFWs allocating funds for investments–BPI
    Overseas Filipino workers (OFWs) are increasingly allocating their hard-earned dollars to investments, as they look for ways to fund their long-term goals, according to a local bank. Bank of the Philippine Islands (BPI) Asset Management and Trust Corp. (AMTC) on Tuesday said the number of their OFW remitters and beneficiaries who are into investments has […]
  • BTr rejects ‘outrageous’ bids for P15-billion debt paper
    The Bureau of the Treasury (BTr) has rejected all bids in its latest Treasury bonds (T-bonds) auction as investors sought high rates for the debt paper. National Treasurer Rosalia V. de Leon told reporters on Tuesday that the auction committee rejected all bids for the reissued seven-year T-bonds with P15 billion on offer on the back of […]
  • Government to borrow P40 billion for Marawi rehabilitation
    The Department of Finance (DOF) said it is targeting to raise around P40 billion through the issuance of bonds for the reconstruction and rehabilitation of war-torn Marawi City in Lanao del Sur. According to the DOF, the government is fine-tuning the funding mix for the budget needed to rehabilitate Marawi City. The city’s rehabilitation may be […]
  • Professional skepticism: Varying views
    “Professional skepticism is about asking ourselves ‘how do we know and how can we be so sure?’. It is about asking critical questions. Audit quality is best achieved in an environment where there is both support and challenge from other participants. Auditors also should be challenged by other stakeholders.” — Arnold Schilder, Chairman, International Auditing & Assurance […]
  • BTr awards P12.1 billion in T-bills auction
    THE Bureau of the Treasury (BTr) received mixed results in its latest auction for Treasury bills (T-bills) on Monday, awarding P12.1 billion from the P15 billion on offer, with the market preference still seen to lean on the shorter- end of the curve. National Treasurer Rosalia V. de Leon told financial reporters that market investor preference can […]

Feed by Business Mirror.