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.
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).
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 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).
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.
President Ferdinand R. Marcos Jr. has issued Executive Order No. 122, establishing for the first time a single national policy framework to develop the country’s critical minerals sector—an action designed to position the country as a key player in the global clean-energy and technology supply chain while delivering broad economic and social benefits for Filipinos. Signed August 21, the order also restructures the Mining Industry Coordinating Council (MICC) to drive coordinated, strategic growth across the industry.
For households navigating compact condos, apartments, or family homes, finding appliances that fit limited spaces without sacrificing capacity, performance, or convenience has long been a common challenge.
Globe is strengthening its online safety safeguards and blocking hundreds of websites that promote or depict extreme violence — including content related to school shootings — as part of broader efforts to protect children and young people from harmful digital material.