Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
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Average yields on Treasury bills inched higher at Monday’s auction, as global uncertainties continued to damp expectations of a sustained decline in local inflation.
Average rates of Treasury bills (T-bills) were either steady or lower at the auction Monday, with strong demand and benign inflation expectation easing yields on longer-dated T-bills.
SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.
Listed real estate developer LFM Properties Inc. is planning to raise at least P1 billion through a stock rights offering as it gears up for expansion.
Individuals and an organization in the Philippines have been named recipients of the 2025 Japan Foreign Minister’s Commendation, an esteemed recognition given to personalities that have made outstanding contributions to deepening mutual understanding and strengthening ties with Japan.
Bank of the Philippine Islands (BPI) president and CEO Jose Teodoro “TG” Limcaoco visited Rodamel Drugstore in Tuguegarao to highlight the bank’s push toward more inclusive, community-based banking through its “May BPI Dito” initiative.