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Moody’s: BSP rate cut could start in August

The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

10 NPA revolutionary tax collectors in Bukidnon surrender

Ten members of the New People’s Army from a group that forcibly collected money on monthly basis from hapless farmers and merchants turned in 18 assorted firearms and explosives and pledged allegiance to the government in Maramag, Bukidnon on Tuesday......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024

Philippines welcomes G7 backing in South China Sea dispute

In a meeting communiqué, G7 foreign ministers expressed their concerns about the situation in the South China Sea and stressed there is no legal basis for China’s expansive maritime claims in the strategic waterway. .....»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

CA reverses Ombudsman s dismissal order of ex-MIAA execs

In granting Chiong and Montalbo’s petition, the Court of Appeals said that it found that the Ombudsman’s decision “lack factual basis and substantial support in evidence.”.....»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Talamban’s all-women firefighting crew takes charge

CEBU CITY, Philippines – Fire incidents pose a major threat to the lives of everyone in Cebu City, where fires reportedly happened on a daily basis in 2023. Fortunately, there are thousands of individuals who are bravely taking the task of responding to fires despite the danger. In Cebu City, there is a total of.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland

Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

China s claims over Taiwan lack a legal basis under international law, says envoy to Switzerland

Taipei [Taiwan], March 9 (ANI): Taiwan's representative to Switzerland, David WF Huang, reiterated Taiwan's sovereignty in a keynote speech in Switzerland, Focus Taiwan reported.Invited by the Swiss think tank Foraus, Huang addressed nearly 200 attendees at the University of Zurich, highlighting recent developments in the Taiwan Strait, including China's adjustment of the M503 flight path.According to Foc.....»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024

Employers back staggered wage hike

The umbrella organization of employers in the country believes it is best to leave decisions on wage increases, which have historically been implemented on a staggered basis, to the regional wage boards......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Bea Alonzo and Dominic Roque confirm breakup in light of ‘insults,’ ‘ridiculous stories’

'Unfortunately, some even confirmed our breakup without our consent, and some created ridiculous stories that had no basis and were utterly false,' the two write in an Instagram post.....»»

Category: newsSource:  rapplerRelated NewsFeb 11th, 2024

House: RBH6 won’t lead to parliamentary system

Introducing “economic only” changes in the 1987 Constitution, as contained in Resolution of Both Houses 6, can never be a basis for a shift to parliamentary form of government, according to House leaders......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court

In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Moody’s, Fitch research arms see rate cuts in 2nd half

The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

India backs Philippines in dispute with China

New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

India backs Philippines in sea dispute with China

New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

Smart backs Paris-bound Philippines athletes

Smart Communications, Inc. has signed a partnership agreement with the Philippine Olympic Committee (POC) to strengthen the telco’s support for the Philippine delegation to the Paris 2024 Summer Olympic Games......»»

Category: sportsSource:  philstarRelated NewsMay 17th, 2024

Marcos backs revert to old acad calendar in 2025

Extreme heat driven by climate change has forced the government to speed up its return to the old school calendar, with President Ferdinand Marcos Jr. himself asking Vice President and Education Secretary Sara Duterte to provide a "concerted plan" for schools to go back to the June-March schedule by "next year.".....»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Senator backs return to old school calendar

Expressing concern over the prevailing heat conditions, Sen. Francis Tolentino has expressed support for the proposal to revert to the old school calendar......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Boss Toyo backs plan of Yogi Ruiz to run for Cebu City mayor

LAPU-LAPU CITY, Cebu- A group of vloggers and social media influencers gathered in Cebu City Saturday night to show their support for former Bureau of Customs (BOC) Commissioner Yogi Ruiz, who has expressed his interest to run for mayor in Cebu City in next year’s election. The group was led by Boss Toyo or Jayson.....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2024

Lawmaker backs calls vs motorcycle taxi expansion

An official of the House of Representatives committee on Metro Manila development has joined calls against the expansion of the pilot testing of motorcycle taxis in the National Capital Region......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024