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.
The Department of Transportation has approved 12 major rail projects valued at over $30 billion, marking a significant shift after decades of slow progress in the country's transit sector. Undersecretary for Railways Timothy John Batan reported that seven of these major projects are currently under construction, one is finished, and six are slated to open within the next seven years. In a push for environmental sustainability, all 12 networks are designed as fully electric railway systems.
Meralco clarified that customers with pending billing disputes will not have their power cut, and do not need to pay the contested amount while their cases are being reviewed. The announcement follows recent social media concerns over billing issues. The firm also noted that the Energy Regulatory Commission’s nationwide suspension on disconnections for all unpaid bills from May to July 2026 remains in effect. Meralco urged customers to raise questions through official channels, adding that all concerns are being assessed and resolved promptly.
Globe has maintained its top position in the Philippine mobile market, boosted by ongoing investments in network quality, customer experience and new technologies.