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BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

134 warrants served for cyber libel in 2023

The police Anti-Cybercrime Group urged the public yesterday to be cautious when using their social media accounts after it served 134 warrants of arrest for cyber libel in 2023......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Travel agencies group warns about cheap, illegal operators

The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Angkas open to new investors

Motorcycle taxi service provider Angkas is open to taking in new investors to accelerate the company’s growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2024

Cocolife inaugurates new branch, enlightens investors in Cebu

Cocolife inaugurates new branch, enlightens investors in Cebu.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024

Cautious investors end brief market rally

The stock market snapped its brief two-day climb as investors stayed on a wait-and-see mode ahead of the BSP’s policy meeting......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

SPNEC to pick foreign investors for P200 billion Terra Solar project

Manuel V. Pangilinan-led SP New Energy Corp. is considering to onboard as many as two foreign investors to support the company in the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which is poised to become the world’s largest solar project once completed......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Index gains as investors gobble up bargain stocks

The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

Guidelines for IPO cornerstone investors issued

The Securities and Exchange Commission has set the guidelines for cornerstone investors in initial public offerings as part of its continuing efforts to boost investor participation in the capital market......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

DTI lures Lithuanian investors with booming ICT, renewable sectors

DTI lures Lithuanian investors with booming ICT, renewable sectors.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Agri-based technologies opened to CL investors

Agri-based technologies opened to CL investors.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Stock trading made easier for local small investors

The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Maharlika CEO: terrorists are the only investors we won’t deal with

In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Investors take profits ahead of Holy Week break

The stock market fell below the 6,900 level once more to end the week in the red as investors cashed in on their profits......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Investors swarm T-bond auction

Investors swarmed the latest offering of long-term securities, resulting in slightly lower rates and allowing the government to raise P30 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

US high-level businesses, investors visit PH to foster partnership

US high-level businesses, investors visit PH to foster partnership.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

SEC advises investors: Watch for red flags before investing

SEC advises investors: Watch for red flags before investing.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

More investors interested in NAIA funding, says Ang

More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024