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...
Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.
Metro Pacific Investments Corp. reported a 5 percent increase in first-quarter income to P6.9 billion from P6.6 billion a year ago, despite higher energy prices and global market volatility.
SPC Power Corp. has set aside P3 billion in capital expenditures for 2026 to support the development of battery energy storage system (BESS) and solar power projects.
AirAsia has signed a deal with Airbus to buy 150 A220-300 aircraft in an agreement valued at about $19 billion at list prices. The airline also has the option to increase the order to 300 aircraft in the future, making it the largest single firm order globally for the A220 model.
ASEAN leaders are expected to issue a unified statement on the Middle East at the 40th ASEAN Summit tomorrow, outlining both a regional position and a framework for addressing future crises, Foreign Affairs Secretary Ma. Theresa Lazaro said.