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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 15th, 2024

BPI renews alliance with Mizuho Bank

The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage

The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Second graft case filed vs Magalong

Baguio Mayor Benjamin Magalong is facing another graft case before the Office of the Ombudsman in connection with the allegedly anomalous improvement and rehabilitation of a P50-million multipurpose building in Barangay Irisan......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

GenSan court judge suspended for sitting on rape case

The Supreme Court has ordered the suspension of a trial court judge in General Santos City for sitting on a rape complaint for over 10 years before resolving the case......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Anti-Kaliwa Dam priest challenges Ombudsman case dismissal

A convener of the Stop Kaliwa Dam Network filed a petition for certiorari before the Court of Appeals on Thursday, challenging the dismissal of an Ombudsman case against officials involved in the construction of the project's access road......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

‘Not war with China; don’t rely only on US’ – Marcos Jr.

In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 23rd, 2024

PISTON urges SC: Issue TRO vs PUVMP before April 30 consolidation deadline

A progressive transport group called on the Supreme Court to immediately issue a temporary restraining order (TRO) against a controversial policy a week before the April 30 franchise consolidation deadline set for jeepneys and UV Express units......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Overseas businessmen show confidence in Hong Kong s business environment

HONG KONG, April 30 (Xinhua) -- A number of trade exhibitions were held in Hong Kong in April, attracting visitors worldwide who expressed their confidence in the business environment of Hong Kong. "Hong Kong is a very nice place. We are always happy to come," Belgian businesswoman Isolde Hanson said, adding that this was her first visit to Hong Kong after the pandemic. She had been to Hong Kong more than ten ti.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Groups insist Balikatan exercises harmful to Filipinos, environment

Bayan reiterated that after 38 military training sessions, Balikatan has nothing to show in modernizing the Philippines’ defense forces and enhancing local capabilities to secure the country’s territories. The post Groups insist Balikatan exercises harmful to Filipinos, environment appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 23rd, 2024

Rights groups call for a safer environment for children

By DOMINIC GUTOMAN Bulatlat.com MANILA – Half a million Filipino children were trafficked for the production of new child sexual exploitation material in 2022, according to rights groups. Over the past 15 years, online child sexual abuse material surged by 15,000 percent, according to non-profit organization Thorn: Digital Defenders of Children. Women’s group Gabriela attributed… The post Rights groups call for a safer environment for children appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 19th, 2024

What to Watch for at China s High-Profile Meetings

BEIJING - One burning issue dominates as the 2024 session of China's legislature gets underway this week: the economy.The National People's Congress annual meeting, which opens Tuesday, is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.That i.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

What to Watch for at China s High-Profile Meetings

BEIJING - One burning issue dominates as the 2024 session of China's legislature gets underway this week: the economy.The National People's Congress annual meeting, which opens Tuesday, is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.That i.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

China to ‘resolutely fight back’ if provoked on Taiwan

Denounced in the Philippines for her rebuke of President Marcos over the Taiwan issue, Chinese ministry of foreign affairs spokesperson Mao Ning has lashed back at Defense Secretary Gilbert Teodoro Jr., saying China is ready to “resolutely fight back” if provoked......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

BSP urged: Ensure out-of-the-woods inflation before cutting interest rates

Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

China `wag dedmahin sa pananakot – PBBM

Kailangang aksyunan at hindi maaaring magpanggap na lamang ang Pilipinas na walang ginagawang mali ang China sa West Philippine Sea, sabi ni Pangulong Bongbong Marcos kay Japanese Ambassador Endo Kazuya nang mag-courtesy call ito sa kanya sa Malacañang. The post China `wag dedmahin sa pananakot – PBBM first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’

Matapos akusahang ibinenta ang Scarborough Shoal sa China, rumesbak si dating Senador Antonio Trillanes IV at sinabing ang kampo ni dating Pangulong Rodrigo Duterte ang kumita dahil sa deal sa Beijing. The post Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’ first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Imee hinamon na gisahin si Digong sa China deal

Hinamon ni dating Senador Antonio Trillanes IV si Senadora Imee Marcos na magpatawag ng imbestigasyon sa Senado hinggil sa pinasok na kasunduan ni dating Pangulong Rodrigo Duterte sa China. The post Imee hinamon na gisahin si Digong sa China deal first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024