Anticipation of further monetary easing later this week kept Treasury bill yields on a downward path at Monday’s auction, as investors piled into short-dated government debt.

The Philippines’ aerospace goal received a fresh boost after Global Aerospace Technology Philippines Inc. formally registered as an Ecozone Export Enterprise at Cavite Technopark, signaling stronger investor confidence in the country’s push to become a regional manufacturing hub.

Public Works Secretary Vince Dizon said he will meet with the country’s top contractors next month as the government prepares to open the bidding for the rehabilitation of the Maharlika Highway.