Day: September 5, 2021

August inflation seen higher

Inflation likely accelerated in August on the back of higher food and energy prices, analysts polled by The Manila Times said. Projections for the month ranged from 4.3 to 4.4 percent with a 4.35-percent average, higher than the 4.0 percent recorded in July and the 2.4 percent in August last year. The Bangko Sentral ng […]

Index to track quarantines, econ data

Philippine shares are expected to monitor the country’s new quarantine classifications, along with the anticipation of the release of some economic data this trading week. Philstocks Financial Inc. senior research analyst Japhet Tantiangco said the local market might take cues from the government’s decision on the country’s quarantine restriction after Sept. 7, 2021. The local […]

Govt borrowings up in July

The national government’s gross borrowings climbed to P337 billion in July, boosting the year-to-date tally to P2.27 trillion, data from the Bureau of Treasury showed. The actual gross financing in the seventh month of 2021 was P337.14 billion, higher by 150 percent from P134.55 billion a year ago. Domestic borrowings went up by 169 percent […]

Psalm property up for bidding

The Power Sector Assets and Liabilities Management Corp. (Psalm) is soliciting proposals for the second round of public bidding for its property in Mexico, Pampanga. Interested entities may participate and bid for the Mexico property inclusive of warehouse structures and other land improvements. The minimum bid price for the power asset is P741.327 million. Psalm […]

PH logs 20,019 new Covid-19 cases

The Philippines logged 20,019 new Covid-19 cases on Sunday, the third day that the number of infections hit the 20,000 mark. This pushed the total number of cases to 2,080,984. The Department of Health (DoH) said that of the 157,438 active cases, 92 percent was mild. There were 20,089 new recoveries for a total of […]

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