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Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
More quakes hit Taiwan after deadly one this month
More quakes hit Taiwan after deadly one this month.....»»
Power rates down by P0.37/kWh for Feb-Mar billing
High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»
Oil prices hit fresh five-month high
Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»
Cebu to hit record high heat index on April 24
Cebu to hit record high heat index on April 24.....»»
BSP approves more changes to forex rules
The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»
Eased forex rules to take effect this year
The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
Cuts in bank reserves unlikely soon – BSP
The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»
Malampaya
Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»
La cote de l Afrique de l Ouest etait un paradis pour la piraterie et la pche illegale : comment la technologie change la donne
Le golfe de Guinee - une region cotire qui s'etend du Senegal l'Angola - est dote de vastes reserves d'hydrocarbures, de mineraux et de ressources halieutiques. Il s'agit egalement d'une voie importante pour le commerce international, ce qui le rend essentiel au developpement des pays de la region.Cependant, pendant longtemps, les pays du golfe de Guinee n'ont pas s.....»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
After 6 years, Boracay beach parties are back
When Boracay reopened in October 2018 after a six-month rehabilitation project, parties have been confined to establishments.....»»
Jericho Rosales working on comeback show, unnamed Star Cinema movie
Six years after his last TV role in the hit 2018 show "Halik" opposite Yam Concepcion and Yen Santos, Jericho Rosales is set to appear in another show this year......»»
Catriona, Julie Anne rarampa sa BGC, may sorpresa sa fans
KAABANG-ABANG ang dalawang bigating celebrities na sina Miss Universe 2018 Catriona Gray at Kapuso star Julie Anne San Jose. Magkakaroon kasi sila ng surprise performance sa Bonifacio High Street Activity Center sa darating na January 27. Para ito sa inilunsad na bagong gimik ng sikat na beverage company na Coca-Cola Philippines –ang #CokeZeroExcuses Promo. Noong.....»»
It’s Filipino Food Month 2024
After last month’s celebration of Women’s Month, we are off to the next big event to toast local food......»»
Police: Beware of online ‘love scams’ this love month
CEBU CITY, Philippines – Authorities here are reminding the public to not be swayed by sweet words and fake promises and end up as victims of “love scams” especially this love month On the second day of the month of February, Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations of the Cebu City Police.....»»
Airfares to go down next month
Filipinos planning to go on summer trips may start booking their flights next month to take advantage of cheaper airfares as the government cut the fuel surcharge for the second month in a row......»»