Treasury bill rates plunge
By Lawrence Agcaoili
Treasury bill rates fell steeply yesterday due to strong demand on the back of easing inflation and possible further rate cuts by the Bangko Sentral, National Treasurer Roberto Tan said.
First Metro to package P70b worth of debt issue
By Jenniffer B. Austria
First Metro Investment Corp., the investment banking unit of Metropolitan Bank and Trust Co., is packaging P70 billion worth of borrowings by both the government and private sectors amid a slowing economy.
BSP booked P3.68-b income in 9 months
By Eileen A. Mencias
The Bangko Sentral ng Pilipinas yesterday reported a net income of P3.68 billion in the first nine months of the 2008, a sharp turnaround from the P28.93-billion loss it registered year-on-year.
Non-life insurers slam Makati for discrimination
Non-life insurers sought the help of the Insurance Commission and the Finance Department after the Makati city government limited the issuance of policies to 15 accredited insurance companies.
GSIS says it?s still active in the local capital market
State-run pension fund manager Government Service Insurance System remains an active player in the local capital market despite allotting $1 billion for global investments.
XAVIER School is demonstrating what most of us have long believed: an organization can safely dump Microsoft Windows and save millions of pesos by replacing it with Linux, a free and open source operating system.
