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Peso weakness could prompt rate hike anew – IMF

Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

STATEMENT | A cry for justice for the victims and survivors of the ongoing climate disaster in Davao region

This most recent landslide is only a stark reminder that recurring disasters have occurred, pointing to a lack of corporate accountability and the failure to install mitigating measures to prevent a new landslide and prompt response when a new one occurs......»»

Category: newsSource:  davaotodayRelated NewsFeb 14th, 2024

Recto sets sights on ‘more realistic’ targets

Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Australia sweats through heatwave, bushfire risk rated ‘extreme’

Hot and dry conditions combined with gusty winds prompt the forecaster to issue 'extreme fire danger' warnings for parts of Victoria and South Australia states.....»»

Category: newsSource:  rapplerRelated NewsFeb 4th, 2024

An analog story

Long before ChatGPT came into the picture, this student could perform and answer a prompt from his professor in analog style......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Higher power rates in Baguio, Benguet this month

Electricity bills in this city and Benguet will increase this month......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

DCWD to implement 20% rate increase starting February

DAVAO CITY (MindaNews / 12 February)—The Davao City Water District (DCWD) has implemented a 20-percent increase in its rates effective this month, an official announced on Monday. Speaking during Kapehan sa Dabaw, DCWD spokesperson JC Duhaylungsod said that the water rate adjustment would be reflected in the bills of the consumers next month. She said […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Pilipino Star Ngayon bags Hall of Fame award at 6th Gawad Lasallianeta

Pilipino Star Ngayon (PSN) was hailed as Hall of Fame award recipient at the 6th Gawad Lasallianeta after bagging the Most Outstanding Print / Digital Tabloid Award for the 5th straight year. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 30th, 2024

Marina 7 to review ‘high’ Bantayan fare rates

Marina 7 to review ‘high’ Bantayan fare rates.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday 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 the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Meralco cuts power rates in April

The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

BSP seen to stand pat on policy rates anew

The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Meralco power rates expected to go down this month

Lower power rates may be expected this month due to lower generation and transmission charges, according to energy utility provider Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024