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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, German central banks partner on capacity-building

The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Central Luzon kasambahay may get pay hike

Household helpers or kasambahay in Central Luzon are likely to get an increase in their monthly salary......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

DOH ups measures for a cancer-free Central Luzon

DOH ups measures for a cancer-free Central Luzon.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Central Visayas inflation drops to 2.5%

Central Visayas inflation drops to 2.5%.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH

Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

P100-M illegal drugs seized in 3 days in Central Visayas

P100-M illegal drugs seized in 3 days in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

10% hike in registered voters expected in Central Visayas

10% hike in registered voters expected in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

ASF-hit Central Luzon hog raisers get P104.5 million aid

Farmers in Central Luzon whose hogs were affected by African swine fever have received financial assistance worth P104.5 million from the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Court order stalls Central Luzon power line works

The completion of a critical power transmission line in Central Luzon has been stalled following a temporary restraining order issued by the Supreme Court......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

DPWH completes projects in Central Luzon provinces

DPWH completes projects in Central Luzon provinces.....»»

Category: newsSource:  sunstarRelated NewsFeb 2nd, 2024

Metro3rd cities, towns create Northern Central Inter-Local Health Zone

Metro3rd cities, towns create Northern Central Inter-Local Health Zone.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Around P10M in illegal drugs seized in two-day anti-drug ops in Central Visayas

CEBU CITY, Philippines – Close to 150 suspected drug personalities, and illegal drugs worth around P10 million were seized following a two-day anti-drug operation in Central Visayas. Police in the region conducted another round of Simultaneous Anti-Criminality and Law Enforcement Operations (Sacleo) over the weekend, Police Lt. Col. Gerard Ace Pelare, spokesperson of the Police.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Armyworms infestation: 40 percent of Central Luzon onion farmers affected

Up to 40 percent of onion farmers in Central Luzon have been affected by an infestation of armyworms......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

4,156 ka pamilya migradwar sa 4Ps sa Central Visayas

4,156 ka pamilya migradwar sa 4Ps sa Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

UN Special Rapporteur Khan to meet Northern, Central Luzon CSOs in Baguio

UN Special Rapporteur for Freedom of Opinion and Expression Irene Khan will meet with members of civil society organizations from Northern and Central Luzon provinces in Baguio City on Friday......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Central Visayas police: Destabilization rumors vs gov’t untrue

Central Visayas police: Destabilization rumors vs gov’t untrue.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

DSWD Central Visayas field office aids families affected by floods, tension cracks

The Department of Social Welfare and Development (DSWD), through its Field Office-7 (Central Visayas), continues to coordinate with concerned local government units (LGUs) in the region for the monitoring and provision of appropriate interventions to families affected by flooding incidents and other emergencies that occurred in the last quarter of 2023. On the flooding incidents […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024