Treasury bill rates to end sideways on rate cut bets

RATES OF Treasury bills (T-bills) on offer this week will likely move sideways on expectations that strong bids will continue and of a policy rate cut by the central bank.

Agoda hopeful domestic tourism will recover soon

THE ongoing pandemic has brought the tourism industry to its knees, with multiple countries imposing travel restrictions, halting flights, and closing accommodations to stem the tide of COVID-19 (coronavirus disease 2019) infections. But online booking platform Agoda is hopeful, banking on domestic tourism to pick up and recover long before international travel does.

P30-B CCLEx more than halfway complete

THE P30-billion Cebu-Cordova Link Expressway (CCLEx), one of the country’s largest infrastructure projects that is expected to ease the worsening traffic in Metro Cebu and help spur economic growth in the Visayas, is now more than halfway complete, its developer said.

Irrigated land area up 2.6% in 2019 at 1.97 million hectares

IRRIGATED land in 2019 expanded 2.6% year-on-year to 1.97 million hectares, according to the Philippine Statistics Authority (PSA).

Abracadabra, Azkarra!

By Kap Maceda Aguila
THERE’S NO doubt about it, the auto industry is not just back; it’s now gaining momentum as well. After opening dealership doors (albeit cautiously) to customers over the last couple of weeks, brands are starting to take the perceived next step: the presentation of new vehicles.

Former Goldman Sachs trader plans a credit fund

NOT MANY Goldman Sachs partners seek out citizenship in a tiny Caribbean island to speed through airports. Ali Meli wasn’t your typical Goldman partner.

VLF 2020: Escapism in the virtual world

PLAYWRIGHT Luis Nario and director James Harvey Estrada had just finished their first few technical rehearsals for their Virgin Labfest play Gin Bulag when they spoke with BusinessWorld.

Philippines opens market to US cattle embryos

THE Philippines has opened its market to cattle embryos from the US, with sales estimated at $400,000 within the year, the United States Department of Agriculture (USDA) said.

Nissan looking to leverage Mitsubishi PHL factory for production

NISSAN MOTOR CO. LTD. is looking to rein in costs and mitigate the business effects of COVID-19 by taking a long hard look at its operations. Part of its vision may entail Nissan vehicles rolling out of a Mitsubishi production line here.

Covering up stylishly

THE virus strips away a little bit of ourselves every day — including half our faces. When our faces are covered, how can we continue to express ourselves? For some designers, the answer is chic face masks.

Suzuki PHL reopens most dealerships, gives ‘cost-efficient’ promotions

SUZUKI PHILIPPINES (SPH) reports that “a majority” of its dealerships have opened this month. These facilities are now ready for sales, after-sales services, and test drives. SPH said in a release that it “will continuously find ways to present customers with promos that are cost-efficient for interested vehicle buyers, including down payment policies and discounts.” Here are the reopened dealerships:

Market to watch case count as economy reopens

THE country’s ability to keep the number of coronavirus disease 2019 (COVID-19) cases low despite a relaxed lockdown will determine the movement of the market this week.