BSP fully awards debt at auction

By Jenina P. Ibañez, Senior Reporter  The Philippine central bank fully awarded short-term securities at an auction on Friday, as the average rate declined amid easing global oil prices.  The Bangko Sentral ng Pilipinas (BSP) raised P100 billion as planned from its offer of 28-day bills that attracted P130.51 billion in tenders. Demand was higher than P110.25 billion last week.  Accepted rates for the one-month debt ranged […]

TransCo proposes FiT-All rate of P0.3320/kWh

THE NATIONAL Transmission Corp. (TransCo) has asked the energy regulatory to approve its proposed feed-in tariff allowance (FiT-All) rate of P0.3320 per kilowatt-hour (kWh) for 2022 billing periods. According to a posting on the Energy Regulatory Commission’s (ERC) website, TransCo submitted supporting documents for its proposed rate, including its computations. The FiT-All is a uniform […]

EQIFI Launches Suite of the Decentralized Financial Products Powered by a Global, Licenced Bank

Powered by EQIBank, EQIFI’s highly anticipated launch provides a single uniform platform for DeFi products, including fixed- and variable-rate products, interest rate swaps, and a yield aggregator Road Town, British Virgin Islands / SEAPRWire / August 05, 2021 / – EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, […]

EQIFI Launches Suite of Decentralized Financial Products Powered by a Global, Licenced Bank

Powered by EQIBank, EQIFI’s highly anticipated launch provides a single uniform platform for DeFi products, including fixed- and variable-rate products, interest rate swaps, and a yield aggregator Road Town, British Virgin Islands, Aug 5, 2021 – (ACN Newswire via SEAPRWire.com) – EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and […]

Inflation decelerates in June

POLICY interventions to stabilize commodity prices have begun to take effect as headline inflation decelerated in June 2021, said the National Economic and Development Authority (Neda). The Philippine Statistics Authority (PSA) reported Tuesday, July 6, 2021, that headline inflation rate slowed down to 4.1 percent. This comes after three months of a steady 4.5 percent […]

Peso drops on labor data

THE PESO dropped versus the dollar following the release of data showing unemployment climbed in April. THE PESO retreated against the greenback on Tuesday following the higher unemployment rate in April, which was caused by the reimposition of lockdowns due to higher coronavirus cases. The local unit closed at P47.72 a dollar on Tuesday, depreciating […]

Experience the premium performance of the new portrait master, the vivo V21 series

The feature-rich, selfie-focused vivo V21 Series are now available in all vivo stores nationwide and official e-commerce sites. Be amazed at the photography capacities and impressive specs beneath the elegance of these new smartphones. A seamless experience is possible with V21 5G’s MediaTek Dimensity 800U 5G Processor. Boosting its core up to 2.4GHz, it makes the launching of apps and top games done in […]