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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AXA and partner expand affordable protection for Filipino families

A new strategic partnership is expanding access to financial safety nets for millions of Filipino families who face high risks of debt during unexpected life crises.

Manila Water prepares East Zone for severe drought

Manila Water has kept its core sanitation services fully running while preparing for the stronger El Niño expected in early 2027, clearing 94,917 septic tanks across the East Zone from January through August 2026. The company serviced 11,470 tanks in August alone, covering all types of domestic accounts. This ongoing work guards public health and stops untreated waste from contaminating rivers and waterways—critical when drier conditions make clean water even more precious. Alongside adding new water sources and strengthening supply networks, Manila Water maintained perfect compliance across all 28 wastewater treatment facilities in August, with treated discharge meeting national standards and supporting healthy aquatic life. Corporate Communications Head Dittie Galang said proper upkeep prevents overflows and keeps communities safe as water resources face greater pressure. The company continues to deliver reliable wastewater services and urges customers to join the program, advancing both environmental care and long-term water sustainability through consistent, year-round operations.

Partners bring global player-fitted games to PH market

PAGCOR-licensed digital entertainment platform Casino Plus has sealed a strategic content partnership with international game studio Peter & Sons, aiming to expand its offerings with global titles shaped to suit local tastes.

Philippines, WIPO target IP financing for 500,000 entrepreneurs

The Philippines is seeking to turn intellectual property into a financing and growth tool for small businesses, with the government and the World Intellectual Property Organization (WIPO) targeting at least 500,000 Filipino entrepreneurs under an expanded partnership.

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