Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
Average rates on Treasury bills moved in mixed directions at Monday’s auction, as investors reacted to signals from the U.S. Federal Reserve that it may hold off on cutting interest rates in December.
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
Philippine Treasury bill yields slipped further at Monday’s auction, as investor sentiment remained buoyed by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of more easing ahead.
Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.
ACEN Corp. retail unit ACEN RES will supply renewable electricity to five Schneider Electric manufacturing facilities located at the Cavite Economic Zone, the company said Tuesday.
Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.
The National Privacy Commission (NPC) has asked Jollibee Foods Corporation (JFC) and messaging platform Viber to explain whether personal data were processed during the fast-food giant’s recent Christmas campaign, following complaints that branded content appeared inside users’ private chats.
PXP Energy Corp. has secured government approval to continue operations in the Galoc oil field in Northwest Palawan after receiving the executed Petroleum Service Contract (SC) 88 from the Department of Energy (DOE).