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.
The Bangko Sentral ng Pilipinas (BSP) forecasts that inflation in April will stay subdued, likely settling between 1.3 percent and 2.1 percent, continuing the downward trend seen in previous months. This outlook suggests easing price pressures for both households and businesses amid favorable supply conditions and global commodity trends.
Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.
The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.
Average rates on Treasury bills were mixed in Monday's auction, with six-month and 12-month debt papers seeing a softening of yields due to expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). However, uncertainty continued to push yields on three-month bills higher.
PUERTO PRINCESA CITY, Palawan - The government is stepping up its campaign against illegal and unregulated fishing by putting coastal communities at the center of fisheries enforcement, launching a new reporting hub in Palawan to help curb a practice that drains more than P5.3 billion from the economy each year.
The phrase first appeared almost quietly, embroidered on the back of Alex Eala's visor during her breakthrough run at Wimbledon. They have followed her ever since, becoming as much a part of her game as the shadow swings she takes between points.
Clean energy firm First Gen Corporation has organized another leadership summit to help young students gain the knowledge and skills needed to tackle climate and energy challenges in their schools and hometowns.
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.