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.
The Philippines maintained a strong external financial buffer as gross international reserves (GIR) settled at USD104.1 billion as of end-April 2026, giving the country ample protection against global market volatility, rising import costs and external debt pressures.
Average rates on Treasury bills climbed at Monday’s auction as investors demanded higher returns, adjusting to expectations of further monetary tightening by the Bangko Sentral ng Pilipinas amid rising inflation pressures.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
Energy firm ACEN Corp. has agreed to purchase additional shares worth P1 billion in its subsidiary Buendia Christiana Holdings Corp. (BCHC), as disclosed to the Philippine Stock Exchange.
As the Philippines pushes deeper into the digital economy, fintech firm eTap is betting that the future of financial inclusion will not be purely digital.
International Container Terminal Services Inc. (ICTSI) is strengthening its footprint in Europe after its Croatian subsidiary secured a new direct shipping link connecting the Adriatic region with key Asian trade hubs.
Global payments platform leader Mastercard and CrescentRating have launched the 11th edition of the Global Muslim Travel Index (GMTI) 2026, highlighting how technology, digital transparency and regional connectivity are transforming the Muslim travel sector.