The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
Rice prices may continue to ease inflationary pressure this July, even as the cost of other key food items rises with the onset of the rainy season, according to preliminary data from the Philippine Statistics Authority (PSA).
RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of ₱33.7 billion for the first nine months of 2025, up 11 percent year-on-year, driven by strong performances across its food, beer, and spirits divisions.
The Department of Transportation (DOTr) announced on Monday that train services along the Naga–Legazpi route have been temporarily suspended after a bridge was damaged by the super typhoon that hit on November 9.
Motorists will face another round of fuel price hikes starting Tuesday morning, with oil firms announcing increases of ₱0.50 per liter for gasoline and ₱1.00 per liter for diesel.