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 phrase first appeared almost quietly, embroidered on the back of Alex Eala's visor during her breakthrough run at Wimbledon. They have followed her ever since, becoming as much a part of her game as the shadow swings she takes between points.
Clean energy firm First Gen Corporation has organized another leadership summit to help young students gain the knowledge and skills needed to tackle climate and energy challenges in their schools and hometowns.
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.
The Department of Human Settlements and Urban Development (DHSUD) said it will accelerate the government's housing program after delivering or facilitating 575,693 housing units in its first four years, putting the agency halfway toward its recalibrated target under the Marcos administration.