Treasury bill yields slipped further at Monday’s auction, with the rate on the one-year paper breaking below 5 percent as investors priced in expectations of monetary policy easing by the Bangko Sentral ng Pilipinas (BSP) later this week.
Philippine treasury bill yields continued to soften at the auction Tuesday, dragged lower by prospects of further monetary easing after a weaker-than-expected economic...
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.
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.