The Clark Development Corporation (CDC) has suspended its fuel royalty fee and rolled out support measures to cushion the impact of rising fuel costs on more than 1,300 locators and an estimated 150,000 workers in the Clark Freeport Zone.
Yields on Treasury bills were mixed at Monday’s auction, as strong investor demand built up over the past two weeks pulled down rates for shorter-dated securities, while longer tenors edged higher despite selective bid rejections, underscoring lingering uncertainty in the market.