TDF yields rise ahead of BSP meet

YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) continued to rise on Wednesday, as the 14-day papers were undersubscribed, ahead of the Monetary Board’s policy setting on Thursday (Sept. 22). Total bids for the central bank’s term deposits reached P293.004 billion, going above the P220-billion offer for this week. […]

DoTr told to review land acquisition process 

A CONGRESSMAN on Tuesday asked the Department of Transportation (DoTr) to look into its site acquisition process for a 53-hectare land that affected farmers in Misamis Occidental.  Party-list Rep. Rodante D. Marcoleta told a House of Representatives hearing he had received a letter from the farmers of Misamis Occidental expressing their concern about their expropriated […]

Toyota to Invest Up to 730 Billion Yen in Japan/U.S. Battery Production

TOKYO, Aug 31, 2022 – (JCN Newswire via SEAPRWire.com) – Toyota Motor Corporation (Toyota) has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing, and aims to begin battery production between 2024 and […]