Average Treasury bill rates slipped at Monday’s auction, coming in below secondary-market levels after the Bangko Sentral ng Pilipinas (BSP) moved to further ease monetary policy.
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.
The Port of Gdynia is strengthening its position as a major Baltic logistics gateway with the arrival of two new quay cranes at the Baltic Container Terminal (BCT), a key upgrade expected to boost cargo-handling capacity, improve efficiency, and accommodate larger vessels.
Demand for premium office space in Makati remains resilient despite evolving workplace trends, with AXON Group securing a long-term lease for a property formerly known as Teleperformance Center Ayala, reinforcing confidence in the country’s premier business district.
The Philippines and Vietnam signed 19 agreements spanning defense, trade, tourism, technology, education, and energy on Monday, translating their newly elevated Enhanced Strategic Partnership into a broad slate of government and business initiatives.
The Aboitiz Group is ramping up its Vietnam expansion, leveraging investments in energy, food security, and infrastructure as economic ties between Manila and Hanoi gain momentum under a deepening bilateral partnership.