Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
Anticipation of further monetary easing later this week kept Treasury bill yields on a downward path at Monday’s auction, as investors piled into short-dated government debt.
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.
Expectations of further easing by the Bangko Sentral ng Pilipinas are rippling through the debt market, pushing treasury bill yields lower and fueling strong demand at the latest auction.
Takeda Healthcare Philippines, Inc. has secured two top honors at the Healthcare Asia Pharma Awards 2026, earning Most Differentiated Service of the Year – Philippines and Patient Advocacy Program of the Year – Philippines. The recognition highlights a patient access model that is helping more Filipinos complete treatment despite persistent cost and system barriers.
President Ferdinand Marcos Jr. on Monday said the government is taking all legal steps to secure the return of former Ako-Bicol partylist congressman Zaldy Co, who was apprehended in Prague last week and remains under Czech custody. Marcos said he has directed the Departments of Justice and Foreign Affairs to coordinate with Czech authorities and deploy a high-level team to oversee proceedings, stressing that extradition follows strict legal processes. “We will bring Zaldy Co home and we will do so in accordance with the law,” he said, adding the former lawmaker will answer to the Filipino people.
Bank of the Philippine Islands (BPI) posted a solid start to 2026, with first-quarter net income rising to P16.9 billion, up 1.7 percent year-on-year and 4.9 percent quarter-on-quarter, supported by stronger lending, wider margins, and resilient fee income.
A widening family rift inside Lopez Inc. is escalating into a high-stakes corporate battle over provisions that could force listed power generation firm First Gen Corp. to sell key energy assets at a steep discount, potentially wiping out nearly P24 billion in value.