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.
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.
The First Philippine Industrial Park (FPIP), represented by Ricky Carandang, has been elected external vice president of the Philippine Chamber of Commerce and Industry (PCCI) – Tanauan City Chapter.
The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.
A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.
Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.