The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.
Global cybersecurity firm Kaspersky is calling on public and private organizations in the Philippines to move beyond traditional defenses and adopt “cyber immunity” — a security-by-design approach meant to keep systems resilient even when attacked.
Robinsons Retail Holdings Inc., the Gokongwei Group’s flagship retail arm, has extended its ongoing share buyback program and allocated an additional P2 billion to repurchase more of its shares, strengthening efforts to boost shareholder value five years after the initiative began at the height of the pandemic.
The Bangko Sentral ng Pilipinas (BSP) is set to release a new book next year titled “Risk and Resilience in the Philippine Financial System: How Much Has Changed?” The volume examines the major financial crises that have shaped the country’s financial system, the policy responses that followed, and the lessons these events left behind.
Manila Water Foundation (MWF), together with Cebu Water, Tagum Water, and local water districts, has strengthened its water, sanitation, hygiene (WASH), and sustainability programs in Cebu Province and Davao del Norte.