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Japan slips into a recession and loses its spot as the world s third largest economy
Japan slips into a recession and loses its spot as the world s third largest economy.....»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
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......»»
Cebu pharmacist group defends pharmacist over viral prescription issue
CEBU CITY, Philippines — A group of pharmacists here came to the defense of their fellow pharmacist who got embroiled in a social media fiasco involving prescription drugs. The Cebu Pharmacists Association Inc. defended their colleague for refusing to sell prescription medications to a customer who failed to present any prescription slips, a video of.....»»
Bantag slips from NBI dragnet in Baguio City
Former Bureau of Corrections chief Gerald Bantag, for the second time, slipped from authorities early Saturday morning when agents of the National Bureau of Investigation- Cordillera Administrative Region (NBI-CAR) went to one of the alleged lair of the former corrections official in Mines View barangay in Baguio City......»»
FPRRD senatoriable rating slides
FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»
Market slips ahead of US Fed meeting
Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»
The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs
The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»
Japan unexpectedly slips into recession, Germany now world’s third biggest economy
Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»
Fisheries output slips in 2023
Local fisheries production in 2023 slipped by 1.8 percent to 4.26 million metric tons from 4.34 million MT in 2022 as catch by both commercial and municipal fishers decreased, according to the Philippine Statistics Authority......»»
Malixi slips with wind-blown 78, falls by 6
Rianne Malixi struggled in rainy, windy conditions and hobbled with a five-over 78 at the Yarra Yarra Golf Club, tumbling from joint second to a share of 13th halfway through the Australian Amateur......»»
Malixi slips to joint third
Rianne Malixi flourished in an early backside start but faltered with shaky putting in the last 12 holes, ending up with a 72 to fall by four behind a steady Nika Ito halfway through the Australian Master of the Amateurs Championship at the Southern Golf Club in Braeside City in Melbourne Wednesday......»»
No classes in Cebu province due to extreme heat
CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»
Further improvement in Philippines external position seen
The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»
NEDA: Further reforms needed in telco industry
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»
Strong GDP expansion gives BSP room to further hike rates
he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
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......»»