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.
Jaime Augusto Zobel de Ayala, chairman of Ayala Corp., struck a cautiously optimistic tone on the Philippines’ economic outlook, projecting a rebound as near-term risks begin to ease and structural strengths remain intact.
VITRO Inc. announced that its VITRO Santa Rosa (VSR) facility has achieved TIA-942 Rated 3 Facility Certification, confirming that the data center is designed to operate बिना interruptions even during maintenance or repairs.
Ambassador ENDO Kazuya has highlighted the growing opportunities for infrastructure development in the Philippines, particularly through public-private partnerships (PPP), during the Japan-Philippines Business Dialogue on Infrastructure and PPP Opportunities.
Filinvest Development Corp. (FDC) and its property arm Filinvest Land Inc. have approved a combined cash dividend payout of about P2.3 billion, signaling steady cash generation from their diversified real estate and financial services portfolio.