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ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty

Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Philippine inflation rises to 3.4 pct in February

MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

SP tightens anti-smoking measures to protect minors

THE 20th Davao City Council passed the "Revised Comprehensive Anti-Smoking Ordinance of Davao City" on the third and final reading on Tuesday morning, April 16, 2024, at the Sangguniang Panlungsod......»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Marcos tightens protocol plate issuance to curb misuse

President Ferdinand Marcos Jr. has issued an order regulating the granting of protocol license plates to government officials following concerns about the increasing prevalence of low-numbered plates......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

Cavs-Lakers face-off comes with a Donovan Mitchell intrigue

The Los Angeles Lakers will size up one of their top summer trade targets when the Cleveland Cavaliers visit them on Saturday (Sunday Manila time) as the race to the playoffs tightens up. .....»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Cavs-Lakers face-off comes with a Donovan Mitchell intrigue

The Los Angeles Lakers will size up one of their top summer trade targets when the Cleveland Cavaliers visit them on Saturday (Sunday Manila time) as the race to the playoffs tightens up. .....»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Catapang tightens security after ambush

Bureau of Corrections (BuCor) chief Gregorio Catapang Jr. yesterday said security measures were doubled following the recent shooting incident involving his vehicle along the Skyway on Tuesday......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

House tightens security after lawmakers get bomb threats

The House of Representatives has been placed on heightened alert following threats received by lawmakers and House staff last week, including bomb threats, Secretary General Reginald Velasco said on Monday......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 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

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

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

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated 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