Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
Investor...
Average yields on Treasury bills inched higher at Monday’s auction, as global uncertainties continued to damp expectations of a sustained decline in local inflation.
Average rates of Treasury bills (T-bills) were either steady or lower at the auction Monday, with strong demand and benign inflation expectation easing yields on longer-dated T-bills.
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.
The Bangko Sentral ng Pilipinas (BSP) has issued an advisory reminding the public that bank accounts and e-wallets are strictly personal and must only be used by their registered owners.
The Department of Tourism (DOT) is moving to revive arrivals from South Korea after the country’s longtime top source market slipped this year, even as overall foreign visitor numbers continued to grow and the United States emerged as the Philippines’ largest inbound tourism market.
The payment app of Mynt is set to launch a dedicated digital marketplace for returning overseas Filipinos, creating new livelihood opportunities and helping migrant workers