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.
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Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.
A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.
Tookitaki has expanded its footprint in the Philippines with a new satellite office at Ayala Triangle Tower One in Makati City, signaling confidence in one of Southeast Asia’s fastest-growing fintech markets.
The Philippines secured more than P925 million in preliminary sales leads at Internationale Tourismus-Börse Berlin 2026, reinforcing its push to capture higher-value European travelers and expand its long-haul market base.
Monde Nissin Corp. has received a Special Citation for Obliged Enterprises at the 2026 Extended Producer Responsibility (EPR) Recognition Program, highlighting its progress in cutting plastic use and advancing circular packaging.