Yields on government debt end higher

YIELDS on government securities (GS) traded in the secondary market rose across the board last week as the market remained cautious amid monetary easing expectations here and in the United States and uncertainty ahead of the upcoming US presidential elections.

PSEi inches higher on hopes of oil war truce

THE MAIN INDEX ended with a slight gain on Friday on hopes of a truce in the oil price war between Saudi Arabia and Russia.

Gov’t told to pursue renewable over nuclear energy

THE PHILIPPINES should diversify its renewable energy mix instead of pushing nuclear energy, which could end up costing more than reliable power sources, according to analysts.

Training for the jobs of the future

By Marvin Tort
As we start 2021, COVID-19 is still with us, along with the many changes it has prompted in the way we do things. Many parents are still working from home, as children are also learning from home. Public transportation is still limited, and people are still encouraged to just stay home unless in need of essential goods or services. Many places and businesses have remained closed.

Truth Omission

By Luis V. Teodoro
February 25th came and went last week with only the most perfunctory references to it by the Duterte regime. Since 2017, President Rodrigo Duterte has never been to any ceremony or program commemorating the 1986 “People Power” EDSA uprising.

Palace warns trash may spoil ties with Canada

MALACAÑANG on Thursday said the 70 years of diplomatic relations between Canada and the Philippines may come “to naught” if Canada fails to act immediately on President Rodrigo R. Duterte’s demand to pull out its trash shipped to the Philippines some five years ago.

No go-ahead for NFA to import rice despite low inventories

THE National Food Authority (NFA) said on Wednesday that despite a decline in its rice inventory, the economic managers who control imports do not see an...

Gov’t fully awards T-bills at mostly steady rates

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mostly steady rates amid strong demand for short-term...

Sri Lankan medicine shortage a death sentence for some, doctors say

COLOMBO — A shortage of medicine caused by an economic crisis in Sri Lanka could soon cause deaths, doctors said, as hospitals are forced to postpone life-saving procedures for their patients because they do not have the necessary drugs.

House passes measure granting employees pension portability

THE HOUSE of Representatives sitting in plenary approved a bill proposing to make pensions portable as workers change employers and to introduce investment options for pension account holders.

First Gen earnings rise in Q1 on leaner operating costs

LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million for the first quarter, driven by lower operating expenses. Revenues...

Italy to appoint drought special commissioner

ROME — Italy’s government said on Thursday it will appoint a special commissioner to address the effect of a drought crisis, along with a...