Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.
Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA).
The Philippine Stock Exchange (PSE) has revised upward its 2024 capital raising target to ₱185 billion, reflecting strong market momentum and sustained corporate interest in equity financing.
Megaworld Corp. is pushing forward with its commercial expansion strategy through the Imperial Wing of Lucky Chinatown in Binondo, Manila—an important addition that reinforces the developer’s role in revitalizing one of the capital’s historic business districts.
The Department of Public Works and Highways (DPWH) has completed three major revetment and flood control projects in Camarines Sur, Sorsogon, and Masbate, aimed at protecting coastal and riverside communities from flooding.
Cebu Landmasters Inc. (CLI) is set to launch its first Luzon development in Pasig City by late 2026, marking a significant milestone for the Visayas-Mindanao-based developer as it enters the Metro Manila market.