The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.
Philippine financial markets are entering a pivotal week as investors weigh a heavy lineup of economic data, corporate earnings, and global developments that could shape sentiment and expectations for monetary policy.
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.
SwiftPay is ramping up its anti-fraud capabilities with the launch of a real-time monitoring platform aimed at helping banks and other financial institutions meet the Bangko Sentral ng Pilipinas' (BSP) tougher anti-scam requirements as digital payment fraud continues to rise.
The Department of Agriculture (DA) has lifted the import ban on domestic and wild birds from Japan, including day-old chicks and hatching eggs, after confirming the country is free of highly pathogenic avian influenza.
The Department of Energy (DOE) is partnering closely with the BARMM Ministry of Environment, Natural Resources and Energy (MENRE) to strengthen energy security, expand access, and develop local resources.
The Department of Energy (DOE) is accelerating its waste-to-energy (WTE) programs following President Ferdinand Marcos Jr.’s renewed directive to turn leftover waste into useful resources, amid growing concerns that garbage building up in waterways is contributing to flooding.
Manila Electric Company (MERALCO), led by Manuel V. Pangilinan, and the Philippine National Police (PNP) have renewed their shared commitment to stop electricity theft and the illegal taking of power distribution facilities and materials.