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US inflation, BSP action on investors radar this week

The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

BSP to keep policy stance sufficiently tight

Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

FFCCCII backs further lowering of rice tariffs

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is supporting a proposal to further reduce the import duties slapped on rice to help bring down the prices of the staple......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

MCWD water production drops further

MCWD water production drops further.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

MPUJ operators ask Cebu City to study SRP proposal further

MPUJ operators ask Cebu City to study SRP proposal further.....»»

Category: newsSource:  sunstarRelated NewsMay 8th, 2024

Comelec mulls further limiting substitution due to withdrawal 

Comelec mulls further limiting substitution due to withdrawal .....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Hamas sends delegation to Egypt for Hamas for further ceasefire talks

Hamas sends delegation to Egypt for Hamas for further ceasefire talks.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

No classes in Cebu province due to extreme heat

CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

NEDA: Further reforms needed in telco industry

The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes

Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Trade gap expected to widen further

The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Bitcoins Sell The Fact Pullback Came From Exchanges: Kaiko

Title: Analysts Predict Further Price Drop for Cryptocurrencies; Investors Brace for Potential Losses As the cryptocurrency market faces ongoing volatility, analysts are predicting a further.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

Baguio chills further at 12.8°C

Baguio City locals and weekend visitors used thick clothing and blankets to parry off shivers after the highland vacation capital’s chill further dived early Sunday morning......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

British Chamber expects passage of anti-agricultural economic sabotage act

The British Chamber of Commerce Philippines looks forward to the passage of the Anti-Agricultural Economic Sabotage Act to further assist on inflation and food supply–echoing the government’s prioritization of imposing stringent measures to protect the local farmers and consumers. .....»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Nomura cuts Philippines inflation forecasts

Nomura Global Markets Research slashed its inflation forecasts for the Philippines in the next two years due to the reduction of import tariffs on rice to 15 percent from 35 percent......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2024

Shares rebound as May inflation stays within target

The stock market bounced back after a major sell-off the previous day as investors stayed positive despite higher inflation rate announced in May......»»

Category: financeSource:  philstarRelated NewsJun 5th, 2024

Rice inflation rate slowed down in May 2024 — PSA

The Philippine Statistics Authority reported a slow growth in rice inflation between April and May 2024, as well as a slight decrease in its retail prices......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024

Market plunges on inflation, peso woes

Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024