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Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair

Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»

Category: entertainmentSource:  philstarRelated NewsFeb 11th, 2024

Shift in news coverage of West Philippine Sea needed

THERE ARE no signs to indicate that China will put a halt to its bullying tactics in the West Philippine Sea (WPS). They will keep up the gray zone tactics-tailing and shadowing Filipino vessels, using blinding lasers, and firing water cannons at vessels on supply missions to troops based on the carrying supplies to the grounded Philippine BRP Sierra Madre, which the Philippines maintains as its outpost in Ayungin Shoa.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

DTI Reminds Businesses to Secure Permits for Promotions

The Department of Trade and Industry (DTI) has emphasized the necessity for businesses to obtain permits before conducting promotions. DTI Assistant Secretary Amanda Nograles stated that such activities fall under the agency’s jurisdiction and require permits. Nograles warned that failing to secure a DTI permit for promotions could lead to penalties. DTI maintains a team […].....»»

Category: newsSource:  metrocebuRelated NewsApr 12th, 2024

Manila Archbishop: Washing of feet maintains faithful’s connection to Jesus

In his homily at the Manila Cathedral on the evening of Maundy Thursday, Advincula stressed the importance of the washing of the feet, not merely as a hygienic act but as a sign of one's relationship with Jesus......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Head-first slam on Pacio unintentional, Brooks maintains

Jarred Brooks underscored that he “did not intentionally do anything” after dropping his ONE FC strawweight MMA world championship to Filipino fighter Joshua Pacio due to disqualification......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

UK Labour’s foreign policy pitch maintains strong support for Ukraine

Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation

Bulatlat maintains that these so-called “cyber security” efforts could mean online surveillance, distributed denial of service (DDOS) attacks, “fake news” and other forms of attacks aimed to suppress freedom of the press and of expression, as well as the people’s right to information. This issue was brought to the attention of the UN Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression Irene Khan who will hold her official country visit next week. The post STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

BSP sinisipat 4.2% inflation noong Marso

Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

BSP issues guidelines for payment systems

The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

BSP on guard vs inflation risks amid El Niño

The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Market climbs ahead of BSP meeting

The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations

Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Finally, a complete 7-member Monetary Board

Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

USD3.32-B Loan Approved by BSP

On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»

Category: newsSource:  metrocebuRelated NewsJan 24th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 19

MANILA -- 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 deposits with the BSP.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 19

MANILA -- 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 deposits with the BSP.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

BSP partners with Baiphil

BSP partners with Baiphil.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024