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.
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)...
The Jollibee Foods Corporation continues to leverage international store expansion to drive business growth, as its top executive emphasized the capacity of Southeast Asian brands to establish a strong presence in the global market during a regional summit in Pasay City.
A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.
JG Summit Holdings Inc., the listed investment holding company of the Gokongwei Group, plans to acquire nearly 37.1 billion common shares in listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, consolidating its investment in the oil and gas company at the parent level.
GMA Network Inc.’s principal shareholders, Television International Corporation (TIC) and M.A. Jimenez Enterprises Inc. (MAJEI), have approved a merger that will consolidate the two entities into a single corporation, with TIC as the surviving company.