Tag: BSP

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August inflation eases, but price pressures remain

Philippine inflation eased to a five-month low of 6.1 percent in August, offering some relief after prices accelerated sharply earlier this year, but the reading remained elevated enough to underscore the Bangko Sentral ng Pilipinas’ decision to raise interest rates last week.

Treasury bill yields climb after BSP rate hike

Treasury bill yields rose across all tenors at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the possibility of further monetary tightening.

BSP makes preemptive quarter-point rate hike on inflation risks

The Bangko Sentral ng Pilipinas on Thursday delivered a preemptive 25-basis-point rate hike and left the door open to further tightening as stubborn inflationary pressures threaten to keep prices above the central bank’s target range.

Moody’s affirms Philippine rating despite growth slowdown

Moody’s Ratings affirmed the Philippines’ Baa2 sovereign credit rating on Monday, citing expectations that the government’s fiscal position will stabilize over the next two years despite a sharp slowdown in economic growth.

Treasury bill yields rise ahead of BSP meeting

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.

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Aboitiz Renewables named ASEAN’s top clean energy producer

Aboitiz Renewables Inc., the clean energy arm of Aboitiz Power Corp., has been voted Independent Power Producer of the Year at the Enlit Asia Power & Energy Awards 2026.

Alas Pilipinas men’s team battled South Korea broke

The Alas Pilipinas national men’s volleyball team put up a gallant stand before dropping a tight contest in straight sets, 16–25, 25–27, 22–25, to South Korea in their opening match of the 20th Asian Games Aichi-Nagoya on Sunday.

₱310.9M Nueva Vizcaya farm road breaks ground

The Department of Agriculture (DA) broke ground Sunday on the P310.9-million Pangawan–Banao farm-to-market road project in Nueva Vizcaya.

El Niño farm damage hits P6.87B; food costs set to rise

The Department of Agriculture (DA) reports initial damage from the ongoing El Niño has reached P6.87 billion, hitting crops and livelihoods across the country and raising concerns over food supply and consumer prices.

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