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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 […].....»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
There are more singles than married couples in Central Visayas but…
CEBU CITY, Philippines – Did you know that there are more singles compared to married people in Central Visayas? In fact, there are more singles in the entire Philippines, based on the 2020 census, and Central Visayas, one of the most populous regions in the country, is no exception. State statisticians identified approximately 6.4 million.....»»
Worldwide Central Breaks Ground on Vitale Suites, Bringing Singapore-inspired Living to Mandaue
Worldwide Central Properties, Inc. proudly unveiled its latest venture, Vitale Suites, during a groundbreaking ceremony that marked the beginning of a new era for mixed-use residential and hotel developments in Mandaue City. Vitale Suites aims to redefine the landscape of urban living by bringing Singapore-inspired elegance to the heart of Mandaue. Worldwide Central Properties joined.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Tax Notes: EOPT is here: Revised rules on taxpayer classification and reduced penalties for micro and small taxpayers
Tax Notes: EOPT is here: Revised rules on taxpayer classification and reduced penalties for micro and small taxpayers.....»»
Stricter visa rules being enforced, assures Marcos
Stricter visa rules being enforced, assures Marcos.....»»
SC rules: Red-tagging is threat to life, liberty
For almost six years, red-tagging has been a major component of the bloody counterinsurgency campaign – initiated and implemented by the Duterte regime and sustained by the Marcos Jr. administration – through the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC). The post SC rules: Red-tagging is threat to life, liberty appeared first on Bulatlat......»»
DFA to tighten tourist visa rules for Chinese nationals
The Department of Foreign Affairs (DFA) plans to make tourist visa rules stricter for Chinese nationals to prevent exploitation by syndicates involved in illegal Philippine offshore gaming operators (Pogos). Foreign Undersecretary Jesus Domingo announced this at a news briefing on Thursday, stating that the new requirements will be enforced starting this week. These include requiring.....»»
Bunye: BSP changes FX rules for foreign investments to make them easier
Bunye: BSP changes FX rules for foreign investments to make them easier.....»»
19 AFP lawyers trained to apply the rules of war while providing legal advice
The training aimed to ensure that participants understand the ICRC’s humanitarian mandate and role in ensuring the rules of war are respected......»»
185 infrastructure projects to take off after PPP rules signing
An estimated P9.14 trillion worth of 185 flagship projects under the administration of President Marcos may soon commence, following the signing of the implementing rules and regulations of Republic Act 11966 or the Public-Private Partnership Code, lawmakers said......»»
‘Senate rules on Cha-cha on the right track’
The Senate rules on amending the 1987 Constitution are “on the right track” and ready even before the sub-committee wraps up its discourse on the Resolution of Both Houses 6 pushing Charter change, a senator said......»»
Gremlinz ends drought, rules MCBL Season 9
Gremlinz ends drought, rules MCBL Season 9.....»»
Players Championship: Rory McIlroy Stands Firm in Rules Dispute with Jordan Spieth
World No.2 Rory McIlroy overcame two rules disputes to kick off The Players Championship in Florida with a strong start. Despite hitting costly shots into.....»»
Z nars jewelry rules Sinulog Cup
Z nars jewelry rules Sinulog Cup.....»»
UM Lady Wildcats rules Uni-Games 3x3
UM Lady Wildcats rules Uni-Games 3x3.....»»
MCWD water production drops further
MCWD water production drops further.....»»
MPUJ operators ask Cebu City to study SRP proposal further
MPUJ operators ask Cebu City to study SRP proposal further.....»»