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DTI sees inflation falling below 5% starting January

DTI sees inflation falling below 5% starting January.....»»

Category: financeSource: thestandard thestandardDec 6th, 2018

DTI sees inflation falling below 5% starting January

DTI sees inflation falling below 5% starting January.....»»

Category: financeSource:  thestandardRelated NewsDec 6th, 2018

Water rates to go up in January

CUSTOMERS served by Metro Manila’s two water concessionaires will notice a slight increase in their bills starting Jan. 1, after the Metropolitan Waterworks and Sewerage System (MWSS) approved rate adjustments based on inflation and the movement of the peso against the US dollar......»»

Category: newsSource:  bworldonlineRelated NewsDec 14th, 2018

Inflation seen falling below 6% in Dec

Nomura Securities Ltd. sees December inflation falling below six percent for the first time in four months, giving the Bangko Sentral ng Pilipinas (BSP) more room to finally keep interest rates steady......»»

Category: financeSource:  philstarRelated NewsDec 8th, 2018

Falling oil prices to ease economic pressures in Philippines

Falling oil prices would help ease economic pressures in the country in the coming months, starting off with inflation and the pressure on the central bank to further raise interest rates, London-based Capital Economics said in a report......»»

Category: financeSource:  philstarRelated NewsNov 29th, 2018

BSP sees November inflation slowdown

INFLATION likely slowed sharply in November from a nine-year peak, the central bank said on Thursday, citing falling oil prices and improved rice supply despite higher transport fares......»»

Category: newsSource:  bworldonlineRelated NewsNov 29th, 2018

BPI sees no more rate hikes in the offing

After jacking up key interest rates five times for a total 175 basis points this year, the Bangko Sentral ng Pilipinas (BSP) may keep its key interest rates steady through end-2019 as the country's inflation rate eases to targeted levels, according to a lead economist of the Bank of the Philippine Islands. In a press briefing yesterday, BPI's Emilio Neri Jr. said the inflation-targeting BSP, however, could have room to slash the reserve requirement of banks by as much as two percentage points if the country's inflation rate descends to the lower end of the target range of 2-4 percent. This could happen starting June 2019, he added. At 18 percent, the reserve requirement---or the ra...Keep on reading: BPI sees no more rate hikes in the offing.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

Fitch Solutions Sees One More Rate Hike, Cuts GDP Growth Forecast

Citing sustained rise of inflation and credit growth, Fitch Solutions forecasts an additional 25 basis points increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend. In a research note, the Fitch Group unit contends that while the implementation of tax reforms since January 2018 is a major contributor to price pressures, it […].....»»

Category: newsSource:  metrocebuRelated NewsAug 13th, 2018

Finance sees March inflation peaking at 4.1%

THE DEPARTMENT of Finance (DoF) expects inflation to have risen by 4.1% in March from 3.9% in February due to upticks in prices of tobacco and non-alcoholic drinks. “The month-on-month price change which slowed down to 0.24% on average from 0.79% last month and 0.88% in January comes largely from tobacco which rose 8.27%, non-alcoholic […] The post Finance sees March inflation peaking at 4.1% appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 4th, 2018

BSP sees even faster Jan. price pickup

By Melissa Luz T. Lopez Senior Reporter INFLATION likely accelerated in January to hit the high end of the government’s full-year 2018 target range, driven by rising food and crude prices as well as higher taxes on select goods under the tax reform law, the Bangko Sentral ng Pilipinas (BSP) said. The central bank expects […] The post BSP sees even faster Jan. price pickup appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 1st, 2018

BSP Sees 3.4-4% Inflation for January

Higher oil and commodity prices are seen as upside risks for Philippines’ inflation rate in January 2018 and bring the rate between 3.5 and four percent. In a statement, the central bank said its Department of Economic Research considered the impact of higher fuel prices overseas and weather-related disturbances in the country as factors that […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 1st, 2018

BSP sees faster Jan inflation due to Train

INFLATION may have accelerated to a range of 3.5 percent to 4 percent in January as the impact of the Tax Reform for Acceleration and Inclusion [Train] Act kicked in, the Bangko Sentral ng Pilipinas (BSP) said. “The increase in the prices of domestic petroleum products on account of higher global crude oil prices, along with [...] The post BSP sees faster Jan inflation due to Train appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 1st, 2018

Joshua Pacio hopes to gain even more experience on his way back to a title shot

Team Lakay strawweight star Joshua Pacio isn't concerning himself too much about championships yet.  At just 21 years old, Pacio already knows what it's like to challenge for a world championship, and while he was ultimately unsuccessful, falling to then champion Yoshitaka Naito in the fourth round, the Baguio City native proved that he belonged at the top of the division.  Now, as 'The Passion' continues his road back to the top, all he's concerned about now is gaining even more experience to keep up with today's current crop of champions.  "Para sa akin, hindi ko na muna iniisip yung title kasi para sa akin, mas gusto ko pang lumaban or maging experienced pa, humugot pa ng maraming experience para makahabol sa mga champions," Pacio told ABS-CBN Sports during the pre-fight press conference for ONE Championship: Global Superheroes.  "Kasi yung mga champion ngayon, well-experienced, pero malapit ko na rin makuha yun." Pacio added.  On Friday at the Mall of Asia Arena, the road back to the title for Pacio puts him against China's Lan Ming Qiang, a late replacement for his original opponent Pongsiri Misatit, who had to back out due to injury. And while Lan is a short notice fight and is significantly less experienced than he is, the Pinoy isn't taking it easy.  "Napanood ko yung laban niya, striker din, mas malupit pa kay Pongsiri," Pacio shared. "Kaya yung gameplan ganun pa din, and i-shoshowcase ko yun this Friday." The former Team Lakay Challenge champion is coming off an impressive knockout win over Roy Doliguez in Manila last November, and another big win on Friday could vault Pacio back into the world title picture.    Team Lakay's Joshua Pacio meets China's Lan Ming Qiang in the co-main event of ONE Championship: Global Superheroes on Friday, January 26th at the Mall of Asia Arena in Pasay City.  Catch it live starting at 8:30 PM on S+A channel 23! .....»»

Category: sportsSource:  abscbnRelated NewsJan 24th, 2018

Metro Manila’s water bills to rise in January

CUSTOMERS of Maynilad Water Services, Inc. and Manila Water Company, Inc. will face higher bills starting Jan. 1, as the two water concessionaires raise rates to cover inflation costs and foreign currency differential adjustment (FCDA). “Beginning Jan. 1, 2018, residents in the West Zone will have adjusted water rates as Maynilad implements an average basic […] The post Metro Manila’s water bills to rise in January appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 15th, 2017

Inflation seen falling below 6% in December

Inflation may fall below six percent for the first time in four months at 5.7 percent in December due to lower oil and food prices, according to British banking giant HSBC......»»

Category: financeSource:  philstarRelated News1 hr. 11 min. ago

HSBC sees inflation easing to 5.7% as food and fuel prices drop

HSBC sees inflation easing to 5.7% as food and fuel prices drop.....»»

Category: financeSource:  thestandardRelated News11 hr. 32 min. ago

ABS-CBN S+A welcomes 2019 with a slate of Premier League matches

ABS-CBN S+A is set to continue serving up the best European football action, live on free TV to open up the new year this 2019. The January slate is packed with seven Premier League matches starting January 1 with the Arsenal vs Fulham tiff at 10:55 P.M. The top two clubs Liverpool and Manchester City will also see action on separate dates. There will also be select matches from the Premier League, which will all air LIVE on ABS-CBN S+A channel 23. Check out the full schedule below: .....»»

Category: sportsSource:  abscbnRelated NewsDec 17th, 2018

Water rates to go up in January 2019

Customers will be greeted with higher water bills at the onset of 2019 after the Metropolitan Waterworks and Sewerage System approved rate hikes for both concessionaires amid rising inflation......»»

Category: newsSource:  philstarRelated NewsDec 14th, 2018

Tightening cycle of BSP is over — economists

Economists are convinced the tightening cycle of the Bangko Sentral ng Pilipinas (BSP) is over as inflation is seen easing back to the central bank’s two to four percent target starting next year......»»

Category: financeSource:  philstarRelated NewsDec 14th, 2018

ADB sees PH inflation at 10-year high

The Asian Development Bank sees inflation in the Philippines hitting a 10-year high of 5.3 percent in 2018 even as the central bank's aggressive interest rate hikes in the past months were expected to ease consumer price increases in the near term.   In its Asian Development Outlook Supplement December 2018 report released yesterday, the Manila-based multilateral lender further jacked up its inflation forecast for the Philippines from 5 percent in its report in September.   At 5.3 percent, it will be the highest annual headline inflation rate since the 8.2 percent posted in 2008, using 2012 prices as base, Philippine Statistics Authority data showed.   It...Keep on reading: ADB sees PH inflation at 10-year high.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

ADB retains Philippine growth forecasts, but sees elevated inflation in 2018

The Asian Development Bank on Wednesday retained its growth forecasts on the Philippine economy, adding that Asia’s developing economies will weather external headwinds from trade friction between the US and China......»»

Category: newsSource:  philstarRelated NewsDec 12th, 2018