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Meralco expects lower power rates for April
Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»
Meralco expects lower power rates for April
Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»
T-bill rates ease ahead of Fed meet
Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Residential electricity rates up by P0.19/kWh for Jan-Feb billing.....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
Floorball takes center stage as Philippines hosts men s Asia-Oceania qualifiers
The fast-paced and fast-growing sport of floorball will be in full display when the Philippines hosts the Men’s Floorball Championships Asia-Oceania Qualifiers from May 21-25 at the PhilSports Arena in Pasig City......»»
Philex to fast–track Silangan mine operations
Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»
Military must evolve fast – Gibo
The Armed Forces of the Philippines must evolve fast and “try to focus on actual soldiering” because of threats to a “free and open” Asia-Pacific region, Defense Secretary Gilbert Teodoro Jr. said on Friday......»»
Orange Brutus unveils new summer favorites
The summer season is at an all-time high, and Orange Brutus‘ new releases promises to make things sizzle even more. For more than four decades, Orange Brutus has satisfied the Cebuano palate with their novel take on fast food: home cooked but served fast and hot. And now the beloved restaurant is ready to prove.....»»
PAGCOR cuts e-game rates to encourage more investments
State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
No change in BSP rates
As widely expected, the Bangko Sentral ng Pilipinas kept interest rates unchanged at a 16-year high as monetary authorities are looking for a more sustained downward trend in inflation......»»
‘Higher interest rates are here to stay’
The Bangko Sentral ng Pilipinas is likely to hold on to higher rates for a little longer, moving in lockstep with the US Federal Reserve and the rest of the central banks globally......»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
NAPOCOR seeks approval of higher subsidized rates
The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»
T-bill rates up across the board
Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»