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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ASEAN digital pact poised to boost trade

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.

San Miguel Food boosts earnings in 2025

San Miguel Food and Beverage Inc. posted stronger earnings in 2025, with net income climbing 13 percent to P46.3 billion as its food, spirits and international beer businesses delivered steady growth despite a cautious consumer environment.

Wind power duo gains regulatory green light

Renewable energy leaders Alternergy Holdings Corp. and ABC Energy Inc. have officially secured the Philippine Competition Commission’s (PCC) nod to jointly develop two major wind projects: the 128 MW Tanay Wind Power Project and 64 MW Alabat Wind Power Project.

Globe backs digital education wallet to boost learning in public schools

Globe Telecom is supporting a new digital education initiative aimed at improving learning outcomes in Philippine public schools by combining technology, teacher training, and data-driven teaching.

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