Tag: CITI

Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.

The Government Service Insurance System (GSIS) has welcomed Rolando Toledo to its board of trustees, while commending outgoing trustee Beatriz Torno for her long-standing public service. This move supports the state pension fund’s goal to strengthen governance and improve services for members and retirees.

The Financial Stability Coordination Council (FSCC) confirmed on Monday that the Philippine banking system is stable and resilient, even as it flagged major risks that could directly affect businesses and households.

The Department of Environment and Natural Resources (DENR) said Monday it understands public concerns over tree cutting, including issues at Quirino Avenue and the Berong Nickel Project in Palawan. It said the policy is clear: no tree may be removed without legal basis, environmental safeguards, and mandatory long‑term rehabilitation plans.