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BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Philippines posts 642 mln USD surplus in December

MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Philippines posts 642 mln USD surplus in December

MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

Marcos Jr. eyes stronger maritime ties with India

The Philippines is seeking stronger maritime security cooperation with India to ensure the safety of seafarers from both nations as the world’s oceans are becoming more dangerous for commercial shipping, President Marcos said......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Philippines pushes for stronger defense ties with Cambodia

The Philippines is pushing for stronger defense relations with Cambodia, which will further boost bilateral cooperation in various fields......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Commission calls for stronger measures protecting battered women

Commission calls for stronger measures protecting battered women.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Metro Pacific charts stronger growth path

Conglomerate Metro Pacific Investments Corp. is charting a stronger growth path on its first year back as a private company following its delisting from the stock market late last year......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Philippine calls for stronger action on climate change

Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

How does spending time in God’s presence make you stronger?

How does spending time in God’s presence make you stronger? In what ways will you “lean into Him” today?.....»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

DSWD to aid displaced traditional jeepney drivers - Philippine Canadian Inquirer

DSWD to aid displaced traditional jeepney drivers Philippine Canadian Inquirer.....»»

Category: newsSource:  manilanewsRelated News1 hr. 35 min. ago

DSWD to help jeepney drivers affected by PUVMP

The Department of Social Welfare and Development is ready to provide assistance to jeepney operators and drivers affected by the government’s Public Utility Vehicle Modernization Program (PUVMP), a DSWD official said yesterday......»»

Category: newsSource:  philstarRelated News5 hr. 15 min. ago

Jeepney drivers in Philippines to go on 3-day strike starting Monday

MANILA, April 28 (Xinhua) -- Jeepney drivers in the Philippines will mount a three-day nationwide strike starting Monday to protest the government's plans to remove decades-old jeepneys off the streets. The transport strike, which will run until May 1, has prompted the Department of Education to order all public schools nationwide to resort to online classes on April 29 and 30. The educational directive w.....»»

Category: newsSource:  manilanewsRelated NewsApr 28th, 2024

Oplan Kalsada conducted against erring taxi drivers

FOLLOWING the incident involving erring taxi drivers in Davao City that went viral online, the Traffic Enforcement Unit-Davao Region (TEU-Davao) conducted a surprise Oplan Kalsada to monitor several taxi terminals in the jurisdiction on Tuesday, April 23, 2024......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Jeepney drivers, operators prod SC on TRO vs PUVMP

Jeepney drivers and operators yesterday asked the Supreme Court to act on their petition for a temporary restraining order against the government’s public utility vehicle modernization program ahead of the April 30 franchise consolidation deadline......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

500 MPUV drivers fear income loss after CBRT package 1 s completion

500 MPUV drivers fear income loss after CBRT package 1 s completion.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Baste to use rattan stick on abusive cab drivers

Davao City Mayor Sebastian Duterte took to social media to warn taxi drivers against charging airport passengers with fixed rates......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024