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.
Treasury bill rates were generally lower at Monday’s auction, as expectations of further monetary policy easing by the Bangko Sentral ng Pilipinas (BSP) continued to weigh on yields.
Average rates of Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of monetary easing by the U.S. Federal Reserve.
Yields on Treasury bills continued to decline at Monday’s auction, as expectations of further monetary policy easing gained ground amid slowing inflation.
The country’s sugar industry has submitted a unified manifesto to the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA), calling for tighter regulation of artificial sweeteners and other sugar substitutes.
The Department of Energy (DOE) is pushing a major acceleration of the country’s net-metering program by enforcing strict, time-bound permit processing across local governments—an overhaul the agency said will significantly speed up solar installations for households and businesses.
The Jollibee Group is highlighting its Danao Commissary in Cebu as a showcase of how sustainability can be built into manufacturing and logistics from the very beginning, rather than added as an afterthought.
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to set aside P200 million to P300 million to relocate National Grid Corporation of the Philippines (NGCP) transmission lines that are preventing full use of the Bicol International Airport (BIA) runway.