Average rates on Treasury bills (T-bills) increased during Monday's auction, ahead of the March inflation data release and the upcoming Bangko Sentral ng Pilipinas (BSP) monetary policy meeting.
The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.
Lower food prices in February contributed to a drop in inflation to 2.1 percent for the month. This was slower than both central bank and market forecasts, and marked a significant decline from 2.9 percent in January.
Finance Secretary Ralph G. Recto hailed the significant drop in inflation to 2.1 percent in February, marking the lowest rate since October 2024. He said the reduction provides vital relief to lower-income families, particularly on food prices. The bottom 30 percent income group's inflation rate fell to 1.5 percent, further easing the financial strain on vulnerable sectors.
House Speaker Ferdinand Martin G. Romualdez welcomed the unexpected deceleration in February inflation, calling it “great news for every Filipino family.” Inflation slowed to 2.1% in February, below the lower end of the central bank’s 2.2%-3.0% forecast, a sign the economic policies of the Marcos administration are working. “This proves that President Ferdinand R. Marcos Jr.’s economic team is getting the job done,” he said. Romualdez said the administration is unwavering in its focus on stabilizing prices, ensuring food security, and protecting the purchasing power of Filipinos. The House of Representatives is fully supporting these efforts by passing laws to lower food costs, stabilize energy prices, and create more jobs. “The past few years have been tough, but numbers don’t lie—our economy is getting stronger,” Romualdez added. “This is the result of sound leadership, strong policies, and the resilience of the Filipino people.”
The Department of Transportation (DOTr) is speeding up the construction of major transport projects and resolving right-of-way issues to improve the country’s transport system and boost the Philippines’ long-term competitiveness.
Security Bank Corporation ended 2025 by opening five new branches in December, bringing its total number of branches nationwide to 377. The expansion highlights the bank’s push to make banking services more accessible to more Filipinos.
The Department of Agriculture (DA) is rolling out a sweeping reform agenda aimed at fixing what it calls the “broken economics” of Philippine agriculture, a push that Malacañang sees as central to President Ferdinand Marcos Jr.’s lasting legacy before he leaves office in June 2028.
Megawide Construction Corp. will expand its precast construction facilities to support new affordable housing projects under a partnership with the Home Development Mutual Fund (Pag-IBIG Fund).