TDF yields climb on rate hike bets
YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) continued to rise on Tuesday due to expectations of more rate hikes next month.
Pneumonia myths and facts
By Teodoro B. Padilla
A panel of experts underscored the facts and dispelled common myths about pneumonia in an event titled “Championing the Fight to Stop Pneumonia — Together” led by the Philippine Foundation for Vaccination (PFV) in line with World Pneumonia Day on Nov. 12.
Thai bank to buy stake in Philippine financing firm
THAILAND-BASED Bank of Ayudhya Public Co. Ltd. is set to acquire a 75% stake in consumer financing firm HC Consumer Finance Philippines, Inc. (HCCFP) as part of its expansion efforts in Southeast Asia.
Last-minute bargain-hunting lifts PHL shares
PHILIPPINE STOCKS extended their climb on Tuesday on last-minute bargain-hunting and ahead of the rebalancing of the MSCI.
GSIS to provide P125 billion to sovereign wealth fund
THE government financial institutions (GFIs) that will be tapped to provide capital and help manage a P250-billion sovereign wealth fund have disclosed their proposed contributions, with the pension fund for civil servants providing half the required initial funding.
European Chamber calls for EV tariff exemptions covering all countries of origin
THE European Chamber of Commerce of the Philippines (ECCP) urged the Philippines to eliminate tariffs on imports of all electric vehicles (EVs) regardless of country of origin.
Marcos to sign EO fast-tracking strategic investment approvals
PRESIDENT Ferdinand R. Marcos, Jr. is expected to sign an executive order (EO) that will fast-track applications for investments deemed strategic to the economy, the Palace said on Tuesday.
Philippines expects coronavirus spike during Christmas holidays
PHILIPPINE health authorities expect a spike in coronavirus infections during the holidays in the absence of restrictions.
Senate bill sets parking rates to protect public
A SENATOR has filed a bill fixing parking rates in all commercial and business establishments, institutions, and parking facilities in the country.
CoA vows to audit Health department’s COVID vaccine purchases
THE COMMISSION on Audit’s (CoA) chairman, whose nomination was confirmed on Wednesday, vowed to audit coronavirus vaccine purchases of the Health department.
Portugal and Brazil through to knockout stage of World Cup
LUSAIL, Qatar — A second half brace from a stunning Bruno Fernandes fired Portugal into the last 16 of the World Cup on Monday to join France and Brazil, after a 2-0 win that outclassed an uninspiring Uruguay given little chance to get into the match.
Angels beat final-bound HD Spikers in four sets
LINDSEY Vander Weide powered through a tired and weary Cignal and Petro Gazz essayed a 25-14, 25-21, 25-27, 25-19 victory yesterday to remain in finals contention in the Premier Volleyball League (PVL) Reinforced Conference at the PhilSports Arena.