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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

Philippines manufacturing output sustains growth in January

MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 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

Magnitude 4.3 quake hits Eastern Samar

MANILA, Philippines — A magnitude 4.2 earthquake shook Eastern Samar early Saturday morning, the state seismology bureau said. According to the Philippine Institute of Volcanology and Seismology (Phivolcs), the epicenter of the earthquake was located east of Hernani. It was tectonic in origin and had a depth of focus of seven kilometers, the Phivolcs said......»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

Seafood exports from far eastern Russia soaring

The region supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday.  .....»»

Category: newsSource:  philippinetimesRelated NewsJan 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

Why Saving More than 20% Can Boost Your Finances

The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 6th, 2024

Inflation likely breached upper 4 percent target in April

Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Latest surveys are results of inflationary sugar cartel

High prices clobbered 72 percent of Filipinos in December. Inflation strained them worse than low wages, 40 percent; joblessness, 28 percent and poverty, 25 percent, Pulse Asia’s survey shows......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

CHED approves 20th public medical school

The Commission on Higher Education has approved the establishment of the first state medical school open to all kinds of enrollees in the Eastern Visayas region. .....»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

PSA-RSSO 8 awards Outstanding Stakeholders in Eastern Visayas

The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 8) recognized its partner organizations and individuals who have been instrumental in the success of PSA programs and activities for the past 10 years......»»

Category: newsSource:  samarnewsRelated NewsMar 1st, 2024

Cloudy skies, isolated rain showers expected in many parts of PH today – Pagasa

MANILA, Philippines – Sunday’s weather forecast nationwide predicts cloudy skies, isolated rain showers, and possible thunderstorms. The conditions are influenced by the shear line, northwest monsoon, or “amihan,” particularly impacting the central and eastern parts of the Visayas and Mindanao. “Rain is expected in many parts pf the country due to the shear line or.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

PUVMP consolidation rate reaches 81% – LTFRB

An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024