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BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Councilor demands Davao Light to remove hazardous utility poles

DAVAO City Councilor Diosdado Mahipus Jr. on Tuesday urged the Davao Light and Power Company (Davao Light) to remove old power poles that pose risks to motorists and pedestrians......»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Asian Study Reveals Endocrine-disrupting Chemicals Found in Personal Care Products from the Philippines

In a press briefing in time for the observance of World Consumer Rights Month, BAN Toxics, a chemical and waste management NGO, discloses the findings of recent laboratory testing indicating the presence of parabens, triclosan, and triclocarban, classified as endocrine-disrupting chemicals (EDCs), in personal care products sold in the country. The result underscores potential health risks for.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

BSP on guard vs inflation risks amid El Niño

The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

PDEA warns vs. proliferation of Marijuana-flavored vapes

MANILA, Philippines — The Philippine Drug Enforcement Agency (PDEA) has cautioned the public on the proliferation of electronic cigarettes or vape containing marijuana oil. It issued the warning after monitoring an upsurge in the product’s presence nationwide during its recent anti-illegal drugs operations. PDEA also said the item is illegal and it poses health risks......»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

DFA backs Magna Carta for Seafarers

The Department of Foreign Affairs has expressed support for the enactment of the proposed Magna Carta of Filipino Seafarers, as the maritime industry grapples with security risks sparked by missile attacks by Yemen-based Houthi rebels on shipping in the Gulf of Aden and the Red Sea......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

BSP explores impact of Gen AI in banking

The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Smart money decisions

Minimizing risks is key for all individuals who want to grow their money......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Fight vs inflation far from over – BSP

Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

BSP to issue new guidelines for MSBs

The Bangko Sentral ng Pilipinas is finalizing a new regulatory framework for money service businesses to ensure that risks remain manageable amid the evolving industry......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Converting ponds to salt farms threatens mangrove restoration, conservationists warn

As the government seeks to revitalize the country's struggling salt industry, conservationists warn that allowing abandoned, undeveloped, and underutilized (AUU) fishponds to be converted into salt farms risks exacerbating the degradation of mangroves......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Go aids Davao fire victims

In observance of Fire Prevention Month, Sen. Bong Go has emphasized the importance of safeguarding homes against fire risks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Your Data, Your Rights: Proactive Steps for Personal Data Protection

Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»

Category: newsSource:  metrocebuRelated NewsMar 2nd, 2024

Why you should take cholesterol control to heart

Just because you’re skinny doesn’t mean you’re healthy. While there are higher risks for heavier people, thinner individuals are not immune to health issues, particularly heart diseases, diabetes, and dyslipidemia......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Measles infections pose far more risks than most realize, including a fatal neurological complication – The Daily Guardia

Tragedy Strikes as Unvaccinated Travelers Spark Measles Outbreaks in the US In a heartbreaking turn of events, Erica Finkelstein-Parker’s plans for her daughter Emmalee’s eighth.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2024

China’s Wang Yi tells Blinken US should lift sanctions on Chinese firms

The Biden administration has imposed bans on the sale of certain technologies to Chinese companies, citing national security risks.....»»

Category: newsSource:  rapplerRelated NewsFeb 18th, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024