MANILA, June 29 - The Philippines will most likely postpone a planned retail treasury bond issue planned for July, National Treasurer Roberto Tan said on Monday. Tan told reporters that the government expected inflows of...
MANILA, June 23 - The Philippines reserves the option to tap the dollar bond market to finance its budget deficit, even though it has signed an agreement on the issue of Samurai bonds, Finance Secretary...
MANILA, June 23 - Philippine Finance Secretary Margarito Teves said on Tuesday that he was confident the government's 2009 budget deficit would be maintained at 250 billion pesos ($5.14 billion). Teves was speaking after announcing...
MANILA, June 22 - Philippine economic growth in the second quarter is expected to be better than the first quarter on the back of higher state spending and healthy remittance inflows, a senior government official...
MANILA, June 17 - Philippines gross international reserves at the end of May totalled a record $39.589 billion, revised central bank figures showed on Wednesday. The revised figure compared with $39.318 billion reported previously for...
MANILA, June 17 - The Philippines is studying the possibility of issuing five- and 10-year Samurai bonds this year, a Department of Finance official said on Wednesday. Leah de Leon, a Finance undersecretary, told Reuters...
MANILA, June 17 - The Philippines is studying the possibility of issuing as much as $1.5 billion in Samurai bonds this year to cover a budget deficit expected to reach a record high in 2009,...
MANILA, June 15 - Remittances from overseas Filipino workers, a key pillar of the Philippine economy, reached $1.442 billion in April, up 2.2 percent from a year ago, the central bank said on Monday. The...
MANILA, June 15 - The Philippine Bureau of Treasury withdrew its offer for 6 billion pesos ($124 million) worth of 182- and 364-day T-bills on Monday after banks demanded a high premium for the debt...
MANILA, June 15 - The Philippines plans to sell Samurai bonds worth $500 million to partly cover an increased borrowing requirement this year, National Treasurer Roberto Tan said on Monday. The bond issue could cover...