Treasury bill rates slipped amid easing hopes
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
Mobile portability use lags at 0.1 percent, PCC flags low awareness
The Philippine Competition Commission (PCC) said that fewer than 100,000 mobile users, or only 0.10 percent of subscribers, have availed of the Mobile Number Portability (MNP) service since its launch in September 2021, falling far short of expectations and international benchmarks.
Agri losses top ₱2.3B as weather wrecks food supply chain
The Department of Agriculture (DA) reported Monday that agricultural losses from the southwest monsoon and Tropical Cyclones Crising, Dante, and Emong have ballooned to ₱2.34 billion, highlighting growing threats to food supply and prices in the Philippines.
RRHI ventures beyond supermarkets, buys Premiumbikes for ₱146M
Robinsons Retail Holdings Inc. (RRHI), led by the Gokongwei Group, is venturing into the motorcycle retail business with the acquisition of Premiumbikes Corp., a company owned by JG Summit Holdings chairman Lance Y. Gokongwei.
DA lifts Australia poultry import ban
The Department of Agriculture (DA) has lifted its temporary ban on the importation of poultry products from Australia, a move expected to reinvigorate bilateral meat trade and stabilize local poultry prices amid ongoing supply pressures.
