Treasury bill yields ended mixed on Monday as investors weighed the impact of fresh government debt supply against easing inflation concerns following a breakthrough peace agreement in the Middle East that triggered a sharp decline in global oil prices.
The International Monetary Fund (IMF) has urged the Bangko Sentral ng Pilipinas (BSP) to strengthen its legal, operational, and cybersecurity foundations as it advances plans to explore a wholesale central bank digital currency (wCBDC), highlighting the growing complexity of building next-generation financial infrastructure.
GCash will complete its transition from SMS-based one-time passwords (OTPs) to in-app authentication by June 22, marking a major cybersecurity upgrade aimed at protecting millions of users from phishing attacks and online fraud.
Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).
Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.
International Trade Centre (ITC) programs have generated more than USD200 million in business and investment leads for Philippine micro, small, and medium enterprises (MSMEs), highlighting how targeted trade assistance is helping local firms break into global markets despite an increasingly uncertain trading environment.
The line between loungewear and everyday fashion continues to fade, and UNIQLO is betting that today's consumers no longer want to change outfits just because they're stepping outside.
BDO Unibank Inc., the country’s largest lender by assets, is returning to the domestic debt market with a new peso-denominated fixed-rate sustainability bond offering worth at least PHP5 billion, marking its second sustainability bond issuance this year as the bank continues to expand funding for green and socially responsible projects.
SM Hotels and Conventions Corp. (SMHCC) has appointed hospitality veteran Melissa J. Carlos as vice president for commercial, strengthening its leadership team as the company expands its portfolio and sharpens its growth strategy in the increasingly competitive Philippine hospitality market.