Average rates on Treasury bills were mixed in Monday's auction, with six-month and 12-month debt papers seeing a softening of yields due to expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). However, uncertainty continued to push yields on three-month bills higher.
Average rates on Treasury bills (T-bills) increased during Monday's auction, ahead of the March inflation data release and the upcoming Bangko Sentral ng Pilipinas (BSP) monetary policy meeting.
Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.
Figaro Coffee Group Inc. ended 2025 with solid fourth quarter results, delivering double digit growth in earnings as store expansion and a favorable product mix offset weaker same store sales.
The Manila Electric Co. (Meralco) is considering joining the Department of Energy’s (DOE) planned auction for the rights to operate the Semirara Island coal resource in Antique.
Residents of Abucay in Bataan will get a first look at a proposed P500-million poultry farm as the Department of Environment and Natural Resources, through the Environmental Management Bureau, opens a public scoping on February 24, 2026.
Tax reform advocate Mon Abrea is pressing for full digitization and structural overhaul to rebuild confidence in the Philippine tax system, arguing that credible reform is key to unlocking investment.