Tag: BSP

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T-bill yields fall further amid easing inflation

Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation. Investor...

BSP to suspend coin deposit machines program for review

The Bangko Sentral ng Pilipinas (BSP) said it will temporarily suspend the operation of Coin Deposit Machines (CoDMs) in select malls starting June 17 to conduct a comprehensive review aimed at enhancing the coin recirculation program. 

Rice prices ease in early May, supports slowing inflation trend

Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.

T-bill rates ease at auction as inflation slows

Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.

OceanaGold, BSP renew 3-year gold buying deal

OceanaGold (Philippines), Inc. said the Bangko Sentral ng Pilipinas has renewed its 3-year agreement to buy gold from the listed mining company. 

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Steel industry flags standards in  infrastructure projects

The local steel industry is calling for stricter enforcement of material standards in infrastructure projects, warning that substandard and underweight steel products remain a persistent risk in the domestic market.

LGUs pressed to accelerate digital collections

Local government units (LGUs) are being urged to fast-track the modernization of public collection systems as digital payments continue to dominate everyday transactions in the Philippines.

PNB expands ISO information security certification, includes Singapore branch

The Philippine National Bank has passed its surveillance audit for the ISO/IEC 27001:2022 information security standard and expanded the coverage of its certification, reinforcing its efforts to protect customer and business data.

P4M food hub upgrade boosts women’s livelihood in Muntinlupa

The Department of Agriculture (DA) and the Muntinlupa city government have invested P4 million to upgrade a local food hub that supports women-led enterprises and community food production.

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