Yields on Treasury bills continued to ease at Monday’s auction, following the Bangko Sentral ng Pilipinas’ (BSP)decision last week to lower benchmark interest rates.
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.