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.
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.
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
Domestic liquidity grew by 7.6 percent year-on-year to P19.4 trillion in November, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP), reflecting continued expansion in money supply even as growth eased from the previous month.
Aboitiz Economic Estates and House of Investments have formalized a joint venture to expand the fast-growing TARI Estate in Tarlac, signaling rising investor confidence in Central Luzon’s emergence as a manufacturing and logistics corridor.
Filipinos can now open a Personal Equity and Retirement Account (PERA) more easily through a new digital initiative led by the Bangko Sentral ng Pilipinas (BSP).
Globe Telecom’s Digital Thumbprint Program (DTP) has reached more than two million students and educators nationwide, marking its 10th anniversary and highlighting the growing importance of digital safety and responsible technology use.
Robinsons Land Corp. is reshuffling the priority of several projects under its reinvestment program, channeling more funding into two residential developments as the listed property arm of the Gokongwei Group adjusts to shifting market opportunities.