Tag: Interest Rate

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Wall Street slips ahead of Fed Chair Powell speech

Markets Context.ph Context.ph -
Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.

Treasury bill rates slipped amid easing hopes

Banking & Insurance Context.ph Context.ph -
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP). 

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Maynilad nears completion of mega water and wastewater projects

Corporate Bulletins 0
Maynilad Water Services Inc. said several major water and wastewater infrastructure projects in its West Zone concession area are nearing completion, a development expected to improve water reliability, system resilience, and environmental protection for customers across Metro Manila and Cavite.

Cebu steals spotlight in Netflix’s K-drama ‘Boyfriend on Demand’

Sports & Entertainment 0
Cebu’s turquoise waters and sun-kissed shores are enjoying a starring role in the global streaming spotlight, thanks to the new Korean drama Boyfriend on Demand, now charming viewers worldwide on Netflix.

New program gives IT-BPM workforce tools to build savings and credit history

Banking & Insurance 0
The IT and Business Process Association of the Philippines (IBPAP) and digital financial platform Maya have launched a program to improve financial access for nearly 1.9 million digital Filipino workers. The initiative aims to provide savings tools and responsibly structured credit products, such as credit cards, to qualified employees in the IT-BPM sector.

ASEAN digital pact poised to boost trade

Communications & Technology 0
The ASEAN Digital Economy Framework Agreement (DEFA) is gearing up to transform Southeast Asia’s digital landscape. Targeted for signing in Manila this November on the sidelines of the ASEAN Summit, the pact signals a major leap in regional economic integration.

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