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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

PUBG Mobile continues steady rise in Philippines

PUBG: Mobile has been a steady shooting game that Filipinos have been playing since its release back in 2018. Since then, the game has had Filipino-centric initiatives in 2022......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

US Federal Reserve holds steady

The US Federal Reserve decided to hold its interest rates steady for the 5th consecutive meeting......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

‘Volatile inflation to keep rates steady’

Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Philippines urged to tighten emission standards to protect public health

The government should tighten “outdated” emission standards for sources of air pollution, including coal-fired power plants, to safeguard public health and the environment, a group said on Tuesday......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

ACEN secures certification for WESM trading standards

ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System –  the first  among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Public servants’ code of conduct, ethical standards

The Center for Global Best Practices will hold a special online training titled Code of Conduct and Ethical Standards for Public Officials and Employees to be held on Feb. 23 from 1:30 to 4:45 p.m. via Zoom......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»

Category: newsSource:  sunstarRelated News18 hr. 49 min. ago

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Money lending firm collector killed in Zamboanga del Sur ambush

Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

SEC scores another victory vs erring lending firms

The Securities and Exchange Commission has scored another major victory against erring lending companies......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Bank lending picks up pace in January

Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

MPBA Season 2 completes north and south conferences’ semifinal contenders 

CEBU CITY, Philippines — The KMNH Lending-Luigi Bercede completed the southern conference’s final four of the ongoing Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup’s south division after grabbing a crucial win on Sunday evening against the Quadernos, 83-71.  The victory earned the KMNH Lending-Luigi Bercede the last remaining semifinal slot in the MPBA.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

DTI NegOcc warns public of unregistered lending firm

DTI NegOcc warns public of unregistered lending firm.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Special ASEAN Regional Summit in Australia

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Special ASEAN Regional Summit in Australia

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024