Treasury bill rates continued to ease this week as investors bet on the growing likelihood of monetary policy easing, following softer-than-expected inflation data in the US.
Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
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 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.
The shifting global trade landscape, driven by higher US tariffs and tensions between Washington and Beijing, presents ASEAN with an opportunity to attract investment and strengthen its role in global supply chains, but countries must first make it easier for businesses to operate across borders, Ayala Corp. chairman Jaime Augusto Zobel de Ayala said.
Aznar Shipping Corp. has expanded its Western Visayas network with the launch of a Bacolod-Dumangas route, deploying a new roll-on/roll-off (RORO) vessel to strengthen transport links between Negros and Panay as it pursues a broader fleet and infrastructure expansion.
World Trade Center Metro Manila (WTCMM) celebrated its 30th anniversary, bringing together clients, partners, stakeholders, and the business community to mark three decades of hosting local and international events and fueling Philippine industry growth.
Philippine private‑sector groups have secured observer status at the ASEAN Common Carbon Framework (ACCF) during COP31 in Antalya, Türkiye, positioning the country to unlock climate finance for forest restoration, biodiversity protection, and local community livelihoods.