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Government agrees to restore interest deductions

Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»

Category: newsSource: philippinetimes philippinetimesMar 10th, 2024

P1.1 billion released to restore heritage school buildings

The Department of Budget and Management has released P1.1 billion to conserve and restore heritage school buildings in the country......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

What are you waiting for God to restore or redeem?

What are you waiting for God to restore or redeem? How would you describe your attitude as you wait?.....»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

Korean firm agrees to terms of Comelec auto polls contract

South Korean firm Miru Systems and its partners have agreed with the Commission on Elections on the terms in the service contract for the 2025 automated election system.....»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Biden says Israel agrees to stop Gaza attacks for Ramadan as Hamas mulls draft truce proposal

The draft proposal, which would allow hospitals and bakeries in Gaza to be repaired and 500 aid trucks to enter the battered enclave every day, is the most serious attempt in weeks to end the conflict.....»»

Category: newsSource:  rapplerRelated NewsFeb 27th, 2024

Davao Oriental under state of calamity

The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Restoring the Philippine eagle’s habitat

The Philippine Eagle Foundation, with the help of Ayala-led Globe Telecom, is aiming to raise as much at P750 million through crowdfunding to restore key forest habitats of the endangered Philippine eagle......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

‘Part of something big’: Zain Mahmood sees bright future with UST Tigers

‘I think that culture shift over there is coming,’ says Filipino-Canadian teen recruit Zain Mahmood as UST tries to restore its lost UAAP men’s basketball glory.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

‘Prioritize child’s interest in media coverage’

‘Prioritize child’s interest in media coverage’.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos

74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Earn the highest interest rate on your savings up to 15% p.a. with CIMB summer promo

Until March 31, you can earn up to 15% per annum (p.a.) interest on your savings with CIMB’s Sunk15sed Promo......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Leyte barangay hall attack: Persons of interest identified

Probers have identified two persons of interest in the killing of five people, including three barangay officials, in San Isidro, Leyte on Saturday last week, the Philippine National Police (PNP) announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Banking 101: Unmasking Financial Lingo

Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Investor interest in power gaining steam – Lotilla

Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024