PEZA partners with BLISTT for economic zone expansion

BAGUIO CITY – The Philippine Economic Zone Authority (PEZA) is asking the mayors of the municipalities adjacent here to help look for areas for possible economic zone expansions and the city to help provide the necessary manpower. “Lahat ng mga may lupa public or private iniimbitahan naming i apply nila to become an economic zone para ma-utilize at ma-spread natin ang mga industries (We are … Read More

PH T-bill rates down anew

MANILA — Rates of the Philippines treasury bills (T-bills) slid across-the-board Monday still on expectations of another cut in the Bangko Sentral ng Pilipinas’ (BSP) policy rates. Average rate of the 91-day paper declined to 3.003 percent from 3.072 percent during the auction last February 17. The Bureau of the Treasury (BTr) offered it for PHP6 … Read More

AboitizPower eyes solar, wind projects in Pangasinan

LINGAYEN, Pangasinan — The Aboitiz Power Corporation (AboitizPower) plans to construct a 975-megawatt (MW) solar and wind energy facilities in Aguilar, Bugallon, and San Manuel towns in the province. Aboitiz Power Corp. senior vice president for operations and maintenance Chris Faelnar said residents of these towns and Labrador, Mangatarem, Infanta, and Mabini towns will benefit from … Read More

TDF rates decline this week

MANILA – Rate of the Bangko Sentral ng Pilipinas’ (BSP) term facilities fell across-the-board Wednesday due to oversubscription. Data released by the central bank showed that rate of the seven-day facility dropped to 4.0301 percent from 4.0851 percent during the auction last January 15. The central bank offered this tenor for PHP80 billion this week, higher … Read More