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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

Magic beat Cavaliers 121-83 to cut their deficit to 2-1

Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Maybe no Fed rate cuts in FY24?

A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

29 housing projects to cut backlog in CL

29 housing projects to cut backlog in CL.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Some developers cut through Chocolate Hills – DENR

Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!

NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

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

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP unlikely to cut rates in 1st half

The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippines to save P16 billion annually from higher ethanol blend

Increasing the ethanol blend in gasoline products from 10 percent to 20 percent could cut fuel prices by as much as four percent, resulting in as much as P16 billion in annual savings for Filipino vehicle owners, according to the United States Department of Agriculture-Foreign Agricultural Service......»»

Category: financeSource:  philstarRelated News21 hr. 33 min. ago

‘Save Poro’s trees’: Parish church widens calls vs tree-cutting

CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»

Category: newsSource:  inquirerRelated News22 hr. 3 min. ago

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

Angeli Khang tinakpan ng tattoo ang mga ‘cut’ sa braso, naloka sa resulta

SA halip na makalimutan ang kanyang madilim at hindi kagandahang past sa pamamagitan ng pagpapa-tattoo, kabaligtaran ang nangyari sa kaso ni Angeli Khang. Ang tinutukoy ng leading lady ni Ruru Madrid sa GMA Prime series na “Black Rider” ay ang ipina-tattoo niya sa braso na may konek sa mga mapapait na karanasan niya noong kabataan.....»»

Category: newsSource:  inquirerRelated NewsMay 13th, 2024

State subsidies drop by 8 percent to P20 billion in Q1

The government cut down its budgetary support to state-run firms by eight percent to almost P20 billion in the first quarter, with the bulk of the subsidies meant to support the agriculture sector......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Big-time oil price cut expected on May 14

Another big-time oil price rollback is expected during the second week of May......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

DepEd to shorten next school year by 15 days

The Department of Education will cut the prescribed minimum of 180 school days for the coming school year 2024-2025 by 15 days to ensure that students and teachers are not in classrooms during extreme summer heat by April and May 2025......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Another oil price cut seen next week

Another rollback of pump prices may be implemented next week, according to Department of Energy (DOE) – Oil Industry Management Bureau assistant director Rodela Romero......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024