Philippine treasury bill rates mostly inched higher at Monday’s auction, even as investor demand remained robust, with total bids more than three times the amount on offer.
Treasury bill (T-bill) rates were mixed in Monday’s auction, mirroring movements in the secondary market as investors awaited the Bangko Sentral ng Pilipinas’ (BSP)...
Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
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 Department of Agriculture (DA) has concluded a nationwide series of multi-sectoral consultations on House Bill No. 1, the proposed Rice Industry and Consumer Empowerment (RICE) Act, and other related measures that seek to amend the Rice Tariffication Law (RTL). The consultations aim to gather broad-based insights and recommendations from rice industry stakeholders to ensure that the final version of the proposal is robust and equitable.
Globe Telecom has successfully completed new pilot tests of its satellite-powered mobile service, marking another step toward providing reliable connectivity to all Filipinos, even in remote areas.