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‘Investment spending rebounds in 2023 4Q, driving GDP growth’
‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»
April inflation seen breaching 4 percent target
Inflation likely picked up and breached the four percent upper target for the first time in five months in April, which will prompt the Bangko Sentral ng Pilipinas (BSP) to keep its hawkish stance, a poll of economists showed......»»
Inflation likely breached upper 4 percent target in April
Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»
Hackers breach DOST tech, research website
Hackers breached anew the information technology systems of the Department of Science and Technology, hitting its Philippine Council for Industry, Energy and Emerging Technology Research and Development last Thursday......»»
Philippine exports breach $100 billion mark in 2023
Total Philippine exports breached the $100-billion level for the first time last year, but fell short of the government and private sector’s target......»»
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......»»
EDITORIAL - Compromised data
The Department of Education is verifying reports that its information system has been breached, with a hacker claiming to have harvested 750 gigabytes so far of DepEd data including banking details and information on students and teachers. Meanwhile, the Philippine Coast Guard took down yesterday its account on X, formerly Twitter, after its tweets were wiped out......»»
BSP to strengthen consumer protection
The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»
LRTA breaches pre-pandemic revenue level
The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»
Clark airport exceeds 2023 passenger target
Clark International Airport, the alternative gateway to Metro Manila, breached its passenger target in 2023 amid the recovery of global air travel......»»
Balik-Tanaw | Remain faithful in Jesus
I have been away from everything familiar to me for the last seven weeks living in Antigua, Guatemala. I am learning Spanish at a language school and living with a Guatemalan family. Like a child, I am trying to learn the basics of this language. It is humbling to be told so many times that I am not getting it right and that I have to exert more effort. Walking the streets of this old Guatemalan city was a joy in the beginning but after some time reality sinks in that I am far from home. Familiar it may be after so many weeks, there is that lonely thought that I am alone and away from home. The post Balik-Tanaw | Remain faithful in Jesus appeared first on Bulatlat......»»
NLEX spending P9 billion for C5 link, road widening
North Luzon Expressway (NLEX) Corp. will spend nearly P9 billion for the construction of a direct access to C-5 Road and the expansion of a certain portion of its tollway......»»
Chargers Announce 3rd Annual Donald H. Yee Fellowship Program
Eric Smith Michael Bae graduated from the University of Michigan this week with a degree in Sport Management.But he also had incredible NFL experience on his resume after spending nearly two months with the Bolts as part of the Donald H. Yee Fellowship in the summer of 2022.The fellowship aims to create more opportunities for leaders from the Asian-American Pacific-Islander community to pursue care.....»»
Monde Nissin earmarks P7.2 billion for capex to boost capacity
Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
TIMELINE: The Cebu Bus Rapid Transit
CEBU CITY, Philippines – Once operational, the bus rapid transit (BRT) in Cebu will be the first of its kind in the Philippines. After spending nearly two decades in the pipeline, the construction of the much-delayed public mass transportation went full swing in 2023. But like most big-ticket projects in the country, it hit multiple.....»»
BSP keeps interest rates steady
The Bangko Sentral ng Pilipinas said yesterday that its Monetary Board decided to keep rates steady. In doing so, the BSP said that inflationary risks “continue to lean toward the upside”, but that its latest forecasts showed that “inflation would settle close to the upper-end of the target range.”.....»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
Ilocos Norte power rates down by 90 centavos
Electricity rates in this province have decreased by 90 centavos this month, according to the Ilocos Norte Electric Cooperative......»»