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Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday 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 the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Xinhua world economic news summary at 0900 GMT, April 12

SEOUL -- South Korea's employment kept rising last month due to a fast increase in elderly jobs, statistical office data showed Friday. The number of employed people aged 15 or older expanded 173,000 from a year earlier to 28,396,000 in March, according to Statistics Korea. It marked the lowest growth in over three years since February 2021, but the employment continued to grow thanks to higher elderly jo.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

US-based employment agency to set up foundation in Philippines

Immigration and employment consultancy agency CSI Professionals Inc. is launching a foundation in the Philippines this year to help sick Filipino children and send poor but deserving students to school......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

San Simon folks get TUPAD employment

San Simon folks get TUPAD employment.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Petitioning relatives for employment-based green cards

One of the most popular and informative articles for Filipinos was about petitioning family members for employment-based green cards, such as nieces, cousins, siblings, etc. for such jobs as caregivers for your parents or care homes, housekeepers to enable you to work longer for your high-paying job. For those of you who missed the article, I want to remind Filipinos again......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

3K students get P11K each under special employment

3K students get P11K each under special employment.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Poe to Ceneco employees: Employment to NEPC not automatic

Poe to Ceneco employees: Employment to NEPC not automatic.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

200 jobseekers hired at SM job fair

Nearly 200 jobseekers were hired on the spot yesterday by various companies during an employment event organized by the Private Sector Advisory Council (PSAC) Jobs Committee, the Department of Labor and Employment (DOLE), the Quezon City government and SM City North EDSA......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Himamaylan to hire 650 youth in temporary employment program

Himamaylan to hire 650 youth in temporary employment program.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

6.6-magnitude quake hits eastern Indonesia, no tsunami alert — USGS

A magnitude-6.6 earthquake hit Indonesia's eastern region on Tuesday, the United States Geological Survey said, with no tsunami warning issued......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

DAR proves unending government support to farmers

DAR Eastern Samar Provincial Office proved once again that delivery of government assistance is unending with the recent turnover of farm machineries and inputs to an agrarian reform beneficiaries organization (ARBO) in Hernani, Eastern Samar......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

No leads yet on cocaine bricks found in Eastern Samar

Police have yet to gather leads on the possible sources of cocaine bricks that were found floating in the waters off Arteche, Eastern Samar last week......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Romblon lawmaker, ex-Eastern Samar government cleared in fertilizer scam

Romblon Rep. Eleandro Jesus Madrona and former Eastern Samar governor Clotilde Salazar have been cleared of graft in connection with the 2004 fertilizer fund scam......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Quakes rock Eastern Samar

Two earthquakes with magnitudes 5 and 4.2 rocked areas in Eastern Samar yesterday, according to the Philippine Institute of Volcanology and Seismology......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Eastern Communications activates submarine cable PDSCN ‘Express Route’

Eastern Communications activates submarine cable PDSCN ‘Express Route’.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024