Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.
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 peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.
Despite rising global inflation and mounting geopolitical risks, Jollibee Foods Corp. is determined not to compromise on product quality or portion sizes, even as it navigates higher operating costs.
Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.
The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.
The Philippines is making its pitch to become more than a consumer of artificial intelligence. It wants a seat at the table where the chips, data centers, and investments are being built.
President Ferdinand R. Marcos Jr. is heading to Canada next week with an investment-heavy agenda, seeking to translate growing bilateral ties into fresh capital for industries expected to shape the Philippines' next phase of economic growth.
FAST Logistics Group is adding more horsepower to its nationwide network, rolling out 45 new delivery vehicles as businesses demand quicker deliveries and supply chains stretch deeper into the regions.