Philippine inflation decelerated to 1.8 percent in March, its slowest pace since the 1.6 percent registered in May 2020 when the economic activities was challenged by the COVID-19 pandemic-related lockdowns. This decline, down from 2.1 percent in February, was largely driven by lower food prices, particularly rice, which saw a significant annual decrease.
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.
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).
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.
Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.