GMA7 buys back PDRs | Inquirer Business

GMA Network Inc. is buying back its Philippine Depositary Receipts (PDR) in a preemptive bid to protect its foreign investors. GMA Network said in a Philippine Stock Exchange filing on Tuesday its board of directors had approved the acquisition of PDRs issued by GMA Holdings Inc. at P4.55 per share or lower until Oct. 31 […]

T-bills rates further slide | Inquirer Business

National Treasurer Rosalia de Leon. (INQUIRER FILE PHOTO) MANILA, Philippines — Treasury bill rates further slid across the board on Monday as government securities remained appealing to investors despite a COVID-19-induced recession. The Bureau of the Treasury sold...

PSEi slips 0.96% | Inquirer Business

The benchmark Phi­lippine Stock Exchange index (PSEi) sank on Friday after reports emerged that the Philippines topped the Southeast Asian region in terms of COVID-19 infections. This indicated that the government has yet to control the spread of the virus, which...

Inflation hits 6-month high | Inquirer Business

The lack of public transportation while more Filipinos returned to work during the gradual easing of the lockdown pushed transport costs higher for the second straight month in July, pushing inflation to a six-month high of 2.7 percent year-on-year, the government...

Agriculture after Sona | Inquirer Business

Though agriculture was not prominently mentioned at the State of the Nation Address (Sona) on July 27, agriculture may see a marked improvement after President Duterte’s speech. Mr. Duterte mentioned three things that favored agriculture: (1) The Department of...