Tag: inflation

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Treasury bill yields down amid rate expectations

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.

Rice, utilities costs pull down July inflation to 6-year low

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).

T-Bill yields mixed as slew of data loom

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 help temper inflation despite surge in other food costs

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).

Inflation edges higher on housing, education

Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes. 

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Waste management project transforms life in Tondo barangay

For years, residents of Barangay 128 in Tondo lived with the heavy burden of Metro Manila’s waste problem. Located near the old Smokey Mountain dumpsite and along Manila Bay, the community endured foul odors from rotting garbage, plastic-choked waterways, and fast-rising floods even during light rains, as local official Wendy Cañeda recalled. Today, however, conditions have greatly improved, thanks to the Eco-Ikot Center launched in October 2024.

Gokongwei Foundation’s ‘Iskolar ni Juan’ techvoc program opens career paths for young Filipinos

The Gokongwei Brothers Foundation (GBF), in partnership with food and beverage industry leader Universal Robina Corp. (URC), operates the Iskolar ni Juan scholarship program to provide young Filipinos—especially those unable to afford college education—with a clear alternative pathway toward stable employment.

Japanese firm brings AI boost to bananas 

Filipino banana growers could soon gain access to advanced artificial intelligence and drone technologies as Japanese agri-tech company E-SupportLink Ltd. moves to expand its operations in the Philippines, potentially accelerating efforts to modernize one of the country’s most important export industries.

Tanita considers Philippines for new ASEAN plant

Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.

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