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PSA-7: 6.6 million already registered for PhilSys ID in C. Visayas

CEBU CITY, Philippines — Over 6.6 million people in Central Visayas now have Philippine Identification System (PhilSys) IDs. According to the Philippine Statistics Authority in Central Visayas (PSA-7), 6,682,192 individuals are registered, reaching 94.9 percent of their 7,040,833 target. They’ve already given out 4,328,065 physical ID cards and 2,333,544 ePhilIDs since registration began in 2020. The.....»»

Category: newsSource:  inquirerRelated NewsMay 19th, 2024

P108.8 million shabu seized in Zamboanga

Sixteen kilos of shabu with an estimated value of P108.8 million were confiscated from a “high-value” target in this city on Friday night......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

BSP keeps interest rates steady

The Bangko Sentral ng Pilipinas said yesterday that its Monetary Board decided to keep rates steady. In doing so, the BSP said that inflationary risks “continue to lean toward the upside”, but that its latest forecasts showed that “inflation would settle close to the upper-end of the target range.”.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Higher rates force government to cut down T-bond award

The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Philex to fast–track Silangan mine operations

Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Economy seen growing by 6.2 percent this year

Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

Philippine economy expands 5.7% in Q1

MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2024

First rate cut likely 25 basis points - The Manila Times

MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Inflation up slightly, but still within target

The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

NFA hikes local palay procurement

State-run National Food Authority purchased over 2,000 metric tons of palay or unmilled rice in March, more than triple than what it bought in February, but remained below its procurement target......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Petro Gazz, Choco Mucho target finals berth-clinching wins

In the next few days, the Premier Volleyball League's skies will have the same two teams that have been dominating it recently — the Petro Gazz Angels and the Choco Mucho Flying Titans......»»

Category: sportsSource:  philstarRelated NewsMay 1st, 2024

2.5 million voters register for 2025 polls – Comelec

The Commission on Elections yesterday expressed hope it would reach the target of over three million new voters for the May 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Drug bust: Teacher nabbed in Cebu City with P102,000 ‘shabu’

CEBU CITY, Philippines — A drug bust in Barangay Babag 2 in Cebu City on Thursday evening, April 25, 2024, resulted in the apprehension of a teacher and her common-law partner, who is identified as a target-listed drug personality. The suspects were identified as 31-year-old Maribel Arcilla, who works as a private school teacher; and.....»»

Category: newsSource:  inquirerRelated NewsApr 26th, 2024

PSE stays hopeful on targets despite market slowdown

The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Didipio mine on track to hit output target

Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Sydney police probe killer’s targeting of women in mall attack

Sydney, Australia — Australian police said Monday they are investigating why a 40-year-old man with mental illness appeared to target women as he roamed a Sydney shopping mall with a large knife, killing six people and injuring a dozen more. Videos shared on social media showed unshaven itinerant Joel Cauchi pursuing mostly female victims as.....»»

Category: newsSource:  inquirerRelated NewsApr 15th, 2024

Dito ramps up operations

After investing nearly $1 billion to build up its network and as it nears its compliance by the fifth year of its operations to provide the mandated 84 percent connectivity to its target population by the middle of this year, Dito Telecommunity is ramping up commercial operations to finally monetize and gain it rightful share of the market, according to Eric Alberto, president and CEO of Dito......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Trilateral deal to change South China Sea dynamic – Marcos

A cooperation agreement among the Philippines, the United States and Japan will change the dynamic in the South China Sea and the region, President Marcos said on Friday, while seeking to assure China it was not a target......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024