Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
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).
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.
At the International Space Summit in Paris, in the presence of French Minister of Higher Education, Research and Space Philippe Baptiste, Eutelsat announced it has ordered 229 more OneWeb satellites from Airbus, marking a major expansion of its low Earth orbit (LEO) connectivity network.
What started as government livelihood support has grown into a self-sustaining business, transforming traditional Ayangan tribal farmers into empowered entrepreneurs and forest caretakers.
Mangroves may look like trees doing ordinary coastal work. In Dapitan City, they are doing something much bigger beneath the surface, quietly locking away millions of tons of carbon in the mud.