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).
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
Investor...
Global Executive Solutions Group LLC (GESG), a longtime Philippine headhunting firm for mid- and top-level executives, is preparing to expand abroad and is searching for a foreign partner.
The Government Service Insurance System (GSIS) has reopened its renovated Zamboanga City branch and launched a Digital Business Center to improve services for nearly 48,000 members and pensioners.