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Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

EDITORIAL — ‘Very rotten’

A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Cebu City Council slashes Rama’s proposed P100B budget to P25B

  CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

Guv still hopes for PBBM s nod of NIR despite bishop s opposition

Guv still hopes for PBBM s nod of NIR despite bishop s opposition.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

PH Allocates Over P32 Billion to Boost Workforce

The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

State agencies have more time to spend 2024 budget

The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Opposition bares some Senate bets for 2025 elections

Liberal Party spokesperson Leila de Lima says that the party will try to convince former vice president Leni Robredo to join the opposition's senatorial ticket.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

Putin Critic Alexei Navalnys Partner Emerges from the Shadows

Yulia Navalnaya, the widow of late Russian opposition leader Alexei Navalny, has made a heartfelt plea for action from Russia’s opposition in the wake of.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 20th, 2024

Dutertes not credible opposition vs cha-cha, says Davao progressives

Progressive groups who have long battled moves by elected officials for charter change said this Sunday’s protest against cha-cha led by Duterte supporters in Davao does not make the Dutertes stand as a credible opposition......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

Labor groups rally against Charter change, call for wage hike instead

MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Live updates: The funeral of Alexey Navalny, Russian opposition figure – The Daily Guardia

The CNN Films documentary “Navalny,” released in 2022, delves deep into the harrowing story of Russian opposition leader Alexey Navalny’s poisoning and the subsequent fallout......»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 2024

Russian activist and Putin critic Alexei Navalnys demise inside prison – The Daily Guardian

Title: Russian Opposition Leader Alexei Navalny Dies in Jail, Fueling Controversy and Political Turmoil Byline: [Author’s Name] Date: [Date] Word Count: 350 Russian opposition leader.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 16th, 2024

Australian lawmakers talk up security cooperation during Taiwan visit

A leading Australian opposition lawmaker visiting Taiwan this week has highlighted the importance of security cooperation between Taiwan and Australia.In a meeting with Taiwanese President Tsai Ing-wen Monday, Andrew Wallace, the deputy chair of Australia's Parliamentary Joint Committee on Intelligence and Security, said that in an ever-changing geopolitical landscape, security cooperation is 'paramount.'.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Davao lawmakers thank President Marcos, Romualdez for aiding flood victims

Lawmakers from Davao have thanked President Marcos and Speaker Martin Romualdez for continuously sending aid to flood victims in the region, including the endorsement of P150 million in cash aid and 51,000 food packs......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Lawmakers welcome back wages for displaced OFWs in Saudi Arabia

The government’s efforts to ensure displaced overseas Filipino workers (OFWs) receive their back pay from bankrupted Saudi Arabian construction companies have been lauded by lawmakers from both the upper and lower chambers......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Lawmakers seek to amend ownership regulations on Constitution s economic provisions

Lawmakers are calling for the revision of some economic provisions of the 1987 Constitution, covered by the Public Service Act, which stipulate that public services should exclusively be owned by Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

US lawmakers stand with Philippines vs Chinese sea aggression

Visiting US lawmakers expressed their concern over China’s continued aggression in Philippine waters during their meeting with President Marcos at Malacañang yesterday......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Lawmakers seek probe on students rights violations in UST

Lawmakers at the House of Representatives filed a resolution urging an investigation into several reported instances of censorship and restrictions allegedly imposed on students at the University of Santo Tomas......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Why 4 lawmakers voted against RBH7, the economic charter change proposal

House lawmakers, convening as a committee of the whole, adopts the proposal on economic charter change just two weeks after deliberations started at the committee level.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024