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Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Budget shortfall unlikely to return to pre-COVID-19 level — DBCC

Nearly two years into the term of the Marcos administration, government economists acknowledged that reducing the country’s budget deficit would take longer than initially projected amid the need to still support key programs despite a limited fiscal space, with returning to pre-COVID levels unlikely to happen in the short-term......»»

Category: newsSource:  thedailyguardianRelated NewsApr 6th, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Interest rates to remain at 6.5% — BSP

The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland

Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland

Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024

The power of words and reading

My favorite quotation on reading and books is from former US president Barack Obama, who said in a 2017 interview on what books mean to him: “…(reading) reintroduced me to the power of words as a way to figure out who you are and what you think, and what you believe, and what’s important, and to sort through and interpret this swirl of events that is happening around you every minute.”.....»»

Category: newsSource:  philstarRelated NewsApr 7th, 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

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Trabahante napalgang patay sa septic tank

Trabahante napalgang patay sa septic tank.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

3 burned in Makati gas tank explosion

Three people were injured after a liquefied petroleum gas tank exploded in Makati City yesterday......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024