Average rates on Treasury bills eased in Monday’s auction as investors positioned for potential monetary policy cuts by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve later this month.
Average rates on Treasury bills ended mixed at Monday’s auction, with the yield on the one-year tenor continuing to drift lower amid expectations of further monetary easing.
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.
The government will begin distributing P1.28 billion in additional financial assistance to transport workers starting April 6, Ferdinand R. Marcos Jr. announced on Tuesday.
Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.
Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.
The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.