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Treasury bill yields rise as rate outlook shifts

Treasury bill yields climbed across all maturities at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the prospect of further monetary tightening amid an elevated inflation outlook.

GBF marks 34th year with classroom donations

The Gokongwei Brothers Foundation (GBF) launched 10 new classrooms in Calasiao, Pangasinan and Bacolod City for its 34th anniversary, benefiting four public schools. Two classrooms each go to Nalsian-Bacayao, Bued, and San Miguel Elementary Schools; four to Emiliano Lizares Elementary.

China routs Gilas Pilipinas, ends title defense

Gilas Pilipinas needed only to keep its loss to China below 38 points to stay alive in the Asian Games. Instead, it was blown out by 44.

iSON Group commits USD375M to Philippine expansion

India-based iSON Group is committing up to USD375 million to expand its Philippine operations, led by a USD300-million telecommunications infrastructure program that will bring its tower network to 3,000 sites over the next decade.

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