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BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
Building code revision for better internet connection – think tank
An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»
Building code revision for better internet connection – think tank
An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»
Building code revision for better internet connection – think tank
An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»
Building code revision for better internet connection – think tank
An international think tank institution is urging the government to revise an old law and help improve the reach of internet connections across the country......»»
Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
Think tank: No change in BSP rates
The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Water bill to rise but no rate hike
Water bill to rise but no rate hike.....»»
Cristine Reyes hindi in-expect na tatagal ng 20 taon sa showbiz
HINDI ini-expect ni Cristine Reyes na tatagal siya sa showbiz industry ng 20 taon. Sa muli niyang pagpirma ng kontrata sa Viva Artists Agency nitong Biyernes ng hapon, Feb. 10, 2022, ay emosyunal niyang ibinahagi ang ang saya na nararamdaman niya na umabot siya ng 20 taon sa industriya. Ani Cristine, “Nagpapasalamat ako. I have […] The post Cristine Reyes hindi in-expect na tatagal ng 20 taon sa showbiz appeared first on Pinoy Parazzi......»»
MUP pensions, Maharlika Fund pose risks to PH economy, says new study
Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland
Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»
China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland
Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»
Enrile 100-anyos na ngayong V-Day, tatanggap ng P100k cash gift
NGAYONG Valentine’s Day, February 14, ipinagdiriwang ni Chief Presidential Legal Counsel at dating Sen. Juan Ponce Enrile ang kanyang ika-100 kaarawan. Kaya naman isa siya sa mga Pinoy na magse-celebrate ng kanilang 100 years ngayong taon na makakatanggap ng P100,000 centenarian cash gift, base na rin sa nakasaad sa Centenarians Act of 2016. Ayon sa Centenarians.....»»
Residential electricity rate up by P0.13 for March – April billing
Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»