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Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
Yen hits 34-year low
Last week, the Japanese yen hit a 34-year low of 151.97......»»
Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income
Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
China: Barge hits brige near Guangzhou, plunging vehicles in water
BEIJING — Two people were killed after a barge collided with a bridge over a waterway in China’s Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday. The Guangzhou Maritime Safety Administration said in a statement on their WeChat.....»»
Serious crash near Ashburton
Police are responding to a two-vehicle crash in Willowby, near Ashburton.The crash was reported around 5:40pm on Longbeach Road, near Winslow Willoughby Road.One person is in a critical condition, and a helicopter has been called for.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS Source: NZ Police.....»»
Lotto results for April 5, 2024
EZ2/LVM - 6 9 SUERTRES - 6 0 4 6D Lotto - 2 7 5 9 6/45 Lotto - 3 32 18 10 11 4 P14,118,336.00 6/58 Ultra Lotto - 39 52 26 43 54 32 P52,060,965.00.....»»
Lotto results for April 5, 2024
EZ2/LVM - 6 9 SUERTRES - 6 0 4 6D Lotto - 2 7 5 9 6/45 Lotto - 3 32 18 10 11 4 P14,118,336.00 6/58 Ultra Lotto - 39 52 26 43 54 32 P52,060,965.00.....»»
BDO funds 28 green projects from P52.7 billion bond proceeds
Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»
Lotto results for March 14, 2024
EZ2 - 19 3 SUERTRES - 4 2 2 6D Lotto - 2 8 9 2 5 1 6/42 Lotto - 30 9 7 41 33 32 P6,235,745.00 6/49 Super Lotto - 34 19 46 1 39 8 P52,733,768.00.....»»
‘Rice retail prices down by P2/kilo’
The retail prices of rice decreased by P2 per kilo as well-milled rice went down to P52 per kilo compared to the previous P54 per kilo, according to farmers’ group Samahang Industriya ng Agrikultura......»»
Cash flow problems
The good news last week was the inauguration and commercial energization of the P52-billion Mindanao-Visayas Interconnection Project......»»
PBCom eyes P2 billion from new bond issue
The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»
Globe hits SIMs engaged in spam and scam SMS
Globe hits SIMs engaged in spam and scam SMS.....»»
Cebu hits record high heat index of 39°C
Cebu hits record high heat index of 39°C.....»»
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town
Dawn fire hits 4 houses in Cebu City; 1 more razed in Argao town.....»»
Water shortage ‘severely’ hits barangays in 3 cities
Water shortage ‘severely’ hits barangays in 3 cities.....»»
Fire hits three-hectare land in Argao
Fire hits three-hectare land in Argao.....»»
Cebu Daily Newscast: Huge fire hits two sitios in Looc, Mandaue City
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, March 12, 2024. Huge fire hits two sitios in Looc, Mandaue City A fire broke out in two sitios in Barangay Looc, Mandaue City on Tuesday noon, March 12, 2024. The fire hit.....»»