Average rates on treasury bills drifted lower at the auction Monday as demand continued to increase after the central bank confirmed its commitment to further monetary policy easing this year.
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.
MYEG Philippines, Inc. (MYEG PH) and the Philippine Economic Zone Authority (PEZA) have renewed their partnership to further strengthen digital government services and improve ease of doing business for PEZA-registered firms nationwide.
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.