Yields on term deposits decline

YIELDS on the central bank’s term deposits dropped on Wednesday on expectations of slower economic activity amid the lockdown. — BW FILE PHOTO YIELDS on the central bank’s term deposits slipped on Wednesday as some restrictions remain in place, which could slow down economic activity and bring down inflationary pressures. Total tenders for the term […]

Boracay rehab delayed by resettlement snags

THE Department of Environment and Natural Resources (DENR) said the timeline for rehabilitating Boracay Island, originally due to be completed in May, has been delayed by resettlement problems. “We haven’t started the resettlement activities of the informal settlers living in the forest timberland. There are lots of civilians who live there, and because of the […]