Tag: Federal Reserve

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T-bill yields mixed after Fed keeps rates on hold

Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.

US Fed holds rates, awaits impact of policy changes

The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.

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St. Luke’s Global City performs first SAPIEN 3 valve implant

St. Luke’s Medical Center–Global City has successfully performed its first native balloon-expandable Edwards SAPIEN 3 heart valve implantation, expanding minimally invasive treatment options for Filipino patients with severe heart valve disease.

DOTr expands Siargao Airport, upgrades ports to boost tourism

The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.

NPC, Globe boost child online safety against AI misuse

The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).

Lemon Square expands Batangas operations, opens 150th store

Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.

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