The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).
Average yields on treasury bills declined across all tenors at Monday’s auction, as expectations of further monetary easing continued to push rates lower.
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
Investor...
Average rates on treasury bills drifted lower at the auction Monday as demand continued to increase after the central bank confirmed its commitment to further monetary policy easing this year.
Ayala Land’s 752-hectare Vermosa estate in Cavite has received the highest rating under the Philippine Green Building Council’s (PHILGBC) BERDE Districts certification system, adding a sustainability credential to its bid to establish itself as a major residential and commercial growth center south of Metro Manila.
House prosecutors in the impeachment trial of Vice President Sara Duterte have decided to focus on Article 2, which covers allegations of ill-gotten wealth, while withdrawing charges involving the misuse of confidential funds, bribery, and threats.
Listed property developer Haus Talk Inc. (HTI) is expanding its residential footprint in Southern Luzon, planning to develop more than 1,500 housing units on two properties in Batangas as it seeks to capture demand from economic and mid-market homebuyers.
President Ferdinand Marcos Jr. on Tuesday, October 13, appointed Social Security System (SSS) President and Chief Executive Officer Robert Joseph de Claro as secretary of the Department of Information and Communications Technology (DICT), tapping an executive with experience in digital banking and financial services to lead the government’s technology agenda.