BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
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%......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
‘BSP has room to keep policy settings steady’
Monetary authorities have room to keep the country’s monetary policy settings steady this month, even if inflation breaches the four percent upper target in April, according to Bangko Sentral ng Pilipinas Governor Eli Remolona Jr......»»
Louvre says Mona Lisa could get a room of her own
The Mona Lisa by Leonardo da Vinci, the world's most famous portrait, could get a room of its own in the Louvre, the museum's president said on Saturday......»»
JBL opens human rabies isolation room
JBL opens human rabies isolation room.....»»
Ready na sa tapatan: Ryzza Mae Dizon na-busy sa paghahanda ng dressing room ni Andres Muhlach
Marami ang nagtatanong sa X kung taped ba ang 'It's Showtime' nitong Friday? The post Ready na sa tapatan: Ryzza Mae Dizon na-busy sa paghahanda ng dressing room ni Andres Muhlach first appeared on Abante......»»
Ready na sa tapatan: Ryzza Mae Dizon na-busy sa paghahanda ng dressing room ni Andres Muhlach
Marami ang nagtatanong sa X kung taped ba ang 'It's Showtime' nitong Friday? The post Ready na sa tapatan: Ryzza Mae Dizon na-busy sa paghahanda ng dressing room ni Andres Muhlach first appeared on Abante......»»
MindaNews kids shookt after Boomers, GenX speak like GenZ
DAVAO CITY (MindaNews / 17 January) – The small meeting room at The Ritz Hotel at Garden Oases here erupted in laughter as the crowd of the mostly-veteran MindaNews journalists got their baptism of fire on Generation Z (Gen Z) lingo over the weekend. Of the 17 persons in the room, six are in their […].....»»
AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel
AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»
Vikings Clear Lockers, Ride Wave of Emotions
Lindsey Young EAGAN, Minn. - Emotions in the Vikings locker room ran the gamut Monday.Players trickled in following an all-team meeting with Head Coach Kevin O'Connell. Some chattered amongst themselves, while others strolled silently and introspectively. Many exchanged embraces with teammates.Helmets, footballs and Sharpies were passed back and forth throughout the room, as player.....»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Citi sees shallow rate cuts in 2024, 2025
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»
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......»»
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.....»»
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......»»
Inflation Rate (IR) in Eastern Visayas drops to 2.4 percent in July 2023
The Inflation Rate (IR) in Eastern Visayas slowed down further to 2.4 percent in July 2023 from 3.3 percent in June 2023......»»
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......»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
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......»»