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BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
Stocks bounce back as market cheers higher FDI inflow
The stock market bounced back yesterday as investors cheered the country’s November net inflow of foreign direct investments......»»
FDI inflow down 17.5% in 10 months
The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»
‘Angat’s water level to drop by .40 meters daily’
The water level in Angat Dam may drop by up to .40 meters daily in April as the temperature gets warmer due to El Niño......»»
Globe gets ‘B’ CDP rating for 3 consecutive years
Globe gets ‘B’ CDP rating for 3 consecutive years.....»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Angat’s water level may drop to 190 meters
The water level in Angat Dam is expected to drop to 190 meters by the end of this month as elevations in other dams in the country continue to decrease due to the El Niño phenomenon......»»
Meralco cuts power rates in April
The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»
Daily Gospel, April 6
This is the Daily Gospel for today, April 06, 2024, which is the Satturday of Easter Week. READ MORE: Daily Gospel, April 5 Daily Gospel, April 4 Holy Gospel of Jesus Christ according to Saint Mark 16, 9-15. When Jesus had risen, early on the first day of the week, he appeared first to Mary.....»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Market climbs ahead of BSP meeting
The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»
DITO FY23 net loss: P8.1-B (30% improvement)
DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»
FACT CHECK: Did this vlog correctly state BBM’s net worth?
The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
Oil Prices Set to Drop After 5 Weeks of Increases
Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»
Police: Beware of online ‘love scams’ this love month
CEBU CITY, Philippines – Authorities here are reminding the public to not be swayed by sweet words and fake promises and end up as victims of “love scams” especially this love month On the second day of the month of February, Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations of the Cebu City Police.....»»
Airfares to go down next month
Filipinos planning to go on summer trips may start booking their flights next month to take advantage of cheaper airfares as the government cut the fuel surcharge for the second month in a row......»»
Panaad 2024: Cadiz City sales drop by 46%
Panaad 2024: Cadiz City sales drop by 46%.....»»