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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.....»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
Investors reconsider May rate cut expectations amid robust US inflation figures
Title: “Exclusive Offer: Subscribe to the FT Print Edition for Only $199 and Gain Access to Unparalleled Expertise” In today’s fast-paced digital age, where news.....»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
BSP unlikely to cut rates in 1st half
The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»
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......»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
Big Dome, MOA eyed for FIVB world meet
The Philippines will be the only second Asian country, next to Japan, to host the FIVB Men’s World Championship when the 32 best teams in the world converge on local soil to duke it out for the coveted volley crown on Sept. 12 to 28 next year......»»
SMC’s P1.03-trillion gift
Sept. 15, 2024 will be a watershed date for millions of Filipino travelers, for Philippine tourism and indeed for the country’s economy in general......»»
Gawilan, Otom earn tickets to Paris
Tankers Ernie Gawilan and Angel Otom became the first two Filipinos to qualify to the Paris Paralympics slated Aug. 28 to Sept. 8......»»
Roxas Holdings suspended for reporting failure
The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»
RDC 12 chairperson, MNLF renew commitment to peace process
The figurehead of the Regional Development Council 12 and the Moro National Liberation Front on Thursday agreed to continue fostering peace and sustainable development together in areas where there are MNLF strongholds covered by its Sept. 2, 1996 final truce with Malacañang......»»
Ok Taec-yeon, up close and personal
Ok Taec-yeon, the beloved K-pop idol and actor, set the New Frontier Theater ablaze with his long-awaited fan meeting in Manila on Sept. 23, 2023.....»»
Inflation accelerates to 3.7% in March
The increase in the prices of goods and services in the country accelerated for the second straight month in March on the back of faster upticks in food and transport costs, the Philippine Statistics Authority reported yesterday......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
Philippines urges speedy PJEPA review
The Philippines is wants a faster conclusion of the ongoing general review of the Philippines-Japan Economic Partnership Agreement, even as it continues to push for improved market access for some of its products, according to an official of the Department of Trade and Industry......»»
Affordable AirPods and Upcoming AirPods Max Set to Debut This Year
Apple is set to release new and more affordable AirPods later this year, according to analyst Jeff Pu. The tech giant’s supplier, Foxconn subsidiary, is.....»»
Sara tagilid kay Raffy sa 2028 eleksiyon
Mahihirapan si Vice President Sara Duterte na talunin sa 2028 presidential elections si Senador Raffy Tulfo, ayon sa political analyst na si Ronald Llamas. The post Sara tagilid kay Raffy sa 2028 eleksiyon first appeared on Abante......»»
iPhone 16 Pros A18 Pro Chip Rumored to Boost AI, Retain 6-Core GPU
Apple’s upcoming A18 Pro chip for the iPhone 16 Pro models is set to bring significant improvements in artificial intelligence performance, according to analyst Jeff.....»»