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.
Maynilad Water Services Inc. said several major water and wastewater infrastructure projects in its West Zone concession area are nearing completion, a development expected to improve water reliability, system resilience, and environmental protection for customers across Metro Manila and Cavite.
Cebu’s turquoise waters and sun-kissed shores are enjoying a starring role in the global streaming spotlight, thanks to the new Korean drama Boyfriend on Demand, now charming viewers worldwide on Netflix.
The IT and Business Process Association of the Philippines (IBPAP) and digital financial platform Maya have launched a program to improve financial access for nearly 1.9 million digital Filipino workers. The initiative aims to provide savings tools and responsibly structured credit products, such as credit cards, to qualified employees in the IT-BPM sector.
The ASEAN Digital Economy Framework Agreement (DEFA) is gearing up to transform Southeast Asia’s digital landscape. Targeted for signing in Manila this November on the sidelines of the ASEAN Summit, the pact signals a major leap in regional economic integration.