Wednesday, 28 January 2026, 4:47 am

    Tag: Interest Rate

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    Wall Street slips ahead of Fed Chair Powell speech

    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

    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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    ERC allows P31.34B recovery from terminated Meralco contracts

    The Energy Regulatory Commission (ERC) approved the recovery of P31.34 billion by four power generation companies following the termination of five power supply agreements (PSAs) with Manila Electric Co. (Meralco) due to a change in circumstances.

    PhilRice warns farmers of rice pest outbreaks in early 2026

    The Philippine Rice Research Institute (PhilRice), under the Department of Agriculture, is warning rice farmers to prepare for possible pest infestations in the first quarter of 2026, based on trends seen over the past five years.

    Monte Sur moves to mop up Dominion shares

    Dominion Holdings Inc. (DHI) is heading toward a possible ownership reshuffle after the company disclosed that Monte Sur Equity Holdings Inc. intends to launch a tender offer for all remaining DHI shares held by the public.

    SEC sets strict term limits for independent directors

    The Securities and Exchange Commission (SEC) will enforce stricter term limits for independent directors starting February 1.

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