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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......»»
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......»»
Yen hits 34-year low
Last week, the Japanese yen hit a 34-year low of 151.97......»»
Globe sets 2024 capex at P55 billion, a 5-year low
Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
Hot weather in Cebu to continue despite low pressure disturbance
Hot weather in Cebu to continue despite low pressure disturbance.....»»
Serial blunders & low on dough
The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»
Serial blunders & low on dough
The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»
Serial blunders & low on dough
The National Food Authority or NFA may have enough money to cover pre-funded expenses, but an insider claims they don’t have enough cash to cover salaries and operating expenses. They are, figuratively speaking, low on “dough.”.....»»
DOH: Anthrax risk very low for most Filipinos
The chance of getting infected with anthrax is "very low" for most people, the Department of Health said after cases of the infectious disease were reported in other countries. .....»»
FARMGATE PRICES LOW | Lacson backs DA probe on possible pork price manipulation
FARMGATE PRICES LOW | Lacson backs DA probe on possible pork price manipulation.....»»
Iran election: turnout sinks to record low as polls close – The Daily Guardian
The recent parliamentary elections in Iran have sparked controversy and raised concerns about the legitimacy of the results, as the country saw a record low.....»»
Pagasa: Less chance of tropical cyclone forming in March
MANILA, Philippines — Meteorologists from Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) stated that there is a low chance of a tropical cyclone forming or entering the Philippine area of responsibility (PAR) this March. The likelihood of experiencing typhoons remains low this month, but it is still possible, said Benison Estareja, weather specialist from Pagasa,.....»»
INTERACTIVE MAP | Davao flood updates, low pressure area, February 1, 2024
We’re monitoring the progress of roads, floods, bridges, and landslides around the areas affected by this week’s low pressure area. To toggle the map, use two fingers to move around and pinch to zoom in or out. Each clickable element leads to a link to vetted sources of information on floods, roads, bridges, and landslides […].....»»
Egg retail prices drop due to low demand
Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»
Temperature in Baguio remains low at 11.6 Celsius
The temperature in Baguio City remained low at 11.6 degrees Celsius yesterday, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Pagasa says LPA may not enter PAR, but trough to bring rain in Mindanao
MANILA, Philippines — The low pressure area monitored outside the Philippine area of responsibility (PAR) is unlikely to enter PAR, state meteorologists said on Sunday afternoon. “Itong low pressure area sa labas ng ating Philippine area of responsibility, mababa ang tiyansa na pumasok nga sa ating area of responsibility,” specialist Veronica Torres explained in a.....»»
Very low chance of rain, devotees urged to stay hydrated
Very low chance of rain, devotees urged to stay hydrated.....»»
China stooped to 'gutter level talk': Philippines on Beijing s provocative comments
Manila [Philippines], January 18 (ANI): The Philippine Defence Secretary has called out a Chinese official for insulting President Ferdinand Marco Jr and the Filipino nation with his "low and gutter-level talk."In a statement by the Philippine Department of National Defense on Wednesday, Secretary Gilbert Teodoro said, "It is unfortunate that the PRC Ministry of Foreign Affairs spokesperson stooped to such low and gutter.....»»