Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes.
Treasury bill (T-bill) rates were mixed in Monday’s auction, mirroring movements in the secondary market as investors awaited the Bangko Sentral ng Pilipinas’ (BSP)...
Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.
Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.
Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.
Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.