Tag: BSP

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Profit-taking weighs down stocks; peso finish higher

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.

Rate cut anticipation drive T-bill rate slide

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.

Inflation creeps up in January as bills bite back

Headline inflation in the Philippines nudged higher to 2.0 percent in January, a gentle but telling start to the year.

Rate-cut expectations pull T-bill yields down

Treasury bill yields continued to ease at Monday’s auction as investors positioned for a possible shift toward monetary easing by the Bangko Sentral ng Pilipinas (BSP) amid weakening economic momentum.

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.

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Tons of trash gone, mangroves planted in marine pollution cleanup drive

The Metro Pacific Investments Foundation (MPIF) rallied 2,894 volunteers across eight sites nationwide for its largest Shore It Up! Weekend yet, removing 2.3 metric tons of marine litter and planting 600 mangroves. The annual coastal and marine conservation event took place in Del Carmen, Siargao; Alaminos, Pangasinan; Puerto Galera, Oriental Mindoro; Medina, Misamis Oriental; Cordova, Cebu; Marinduque; Mabini, Batangas, with support from the Tubbataha Reefs Management Office and the Resort Owners Association of Mabini, Batangas.

BSP eyes closer financial ties with Switzerland after ambassador’s visit

The Bangko Sentral ng Pilipinas signaled its openness to deeper cooperation with Switzerland following a recent meeting between its chief and a top Swiss diplomat.

Brother Philippines plans to stay long-term, expands product offerings

Brother International Philippines Corp., known for its printing machines, said it plans to continue operating in the Philippines as the local printing industry evolves.

Wilcon’s net income drops despite higher sales

Wilcon Depot Inc., the home improvement retailer, reported a 3 percent drop in net income last year, falling to ₱2.44 billion from ₱2.52 billion in 2024, even as total sales rose.

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