Tag: Treasury bill

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Treasury bill yields ease on strong demand at auction

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 drives down T-bill rates

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.

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Exporters reject US forced labor allegations

The Philippine Exporters Confederation, Inc. has pushed back against allegations that Philippine exports are linked to forced labor, warning that a proposed US tariff increase could unfairly penalize compliant businesses and workers.

NPC expands AI oversight as privacy risks grow

The National Privacy Commission (NPC) is ramping up efforts to strengthen data protection and govern emerging technologies, unveiling plans to expand its regional presence and deepen oversight of artificial intelligence as it marked its 10th anniversary during National Data Privacy Awareness Week 2026.

DA targets August start for new FMR projects

The Department of Agriculture on Wednesday (DA) said that the construction of major farm‑to‑market roads (FMR) under its program is set to begin by August this year, with bidding activities scheduled from June to July. In a briefing in Quezon City, DA assistant secretary and spokesperson Arnel de Mesa, who also chairs the Bids and Awards Committee (BAC) for large FMR projects, said preparations are already underway, including a pre‑procurement conference scheduled soon.

EDC seeks nod for upgrade of P25-B Negros geothermal facility

The Department of Environment and Natural Resources (DENR) will hold a public hearing on June 24, 2026 for Energy Development Corporation’s proposed P25-billion expansion and upgrade of the Southern Negros Geothermal Project steam field in Valencia, Negros Oriental.

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