Top News
Treasury bill yields slip as easing bets build
Average rates on Philippine treasury bills fell across the board at Monday’s auction, as investors positioned for the possibility of further monetary easing amid signs that economic growth may be losing steam.
Peso unlikely to hit P60/dollar ‘soon,’ rate cut still a maybe – BSP
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the peso is unlikely to weaken to ₱60 per US dollar in the near term, even as the central bank remains cautious about further interest rate cuts, which he said was a “maybe” rather than a certainty.
DA draws line on farmland conversion in food security push
Agriculture Secretary Francisco P. Tiu Laurel Jr. has delivered a bold policy pivot, ordering an immediate freeze on all new agricultural land reclassification applications as the Department of Agriculture (DA) moves to fortify the nation’s food security strategy and shield precious farmland from rapid conversion pressures.
Banks seen as economic pillar amid uncertainty – BSP
The Bangko Sentral ng Pilipinas (BSP) highlighted innovation, inclusion, and integrity as key priorities for the financial sector during its annual reception for the banking community on Friday, saying the banking industry remains one of the bright spots in the economy.
Philippines returns to global debt market, prices USD2.75B bond
The Philippine government has staged a strong return to the global bond markets, successfully pricing a multi-tranche U.S. dollar offering worth USD2.75 billion—its largest dollar deal in more than three years.
