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BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
BSP urged: Ensure out-of-the-woods inflation before cutting interest rates
Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»
BSP may cut rates by mid-2024
The Bangko Sentral ng Pilipinas may start cutting interest rates as early as June this year, according to economists......»»
Strong GDP expansion gives BSP room to further hike rates
he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»
Power rates expected to rise because of El Niño
DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Returning MJ Philips of Petro Gazz grateful for team’s patience
MJ Phillips is taking things slow as she returns to the fray for the Petro Gazz Angels in crunch time at the 2024 PVL All-Filipino Conference......»»
BSP to keep policy stance unchanged
Monetary authorities may keep the benchmark interest rates unchanged in the near term as inflation quickened for the first time in five months, and could accelerate further to above the two to four percent target in the second quarter......»»
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.....»»
Leyte barangay hall attack: Persons of interest identified
Probers have identified two persons of interest in the killing of five people, including three barangay officials, in San Isidro, Leyte on Saturday last week, the Philippine National Police (PNP) announced yesterday......»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
Bond issuances decline by 53 percent in 2023
Government and corporate bond issues tumbled by more than half last year amid a challenging environment including high interest rates......»»
Update: Grenada Road
Grenada Road and the Churton Park-Glenside on-ramp has reopened.Police wish to thank motorists for their patience while the road was closed.ENDSIssued by Police Media Centre Source: NZ Police.....»»
Update: The Terrace
The Terrace between Bowen Street and Aurora Terrace has reopened.Police wish to thank motorists for their patience while the road was closed.ENDSIssued by Police Media Centre Source: NZ Police.....»»
Road reopens - Salisbury Road, Richmond
Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS Issued by Police Media Centre. Source: NZ Police.....»»
The Art of Time Management for Small Business Owners
Time is a small business owner’s most valuable resource as for many, time is their best capital. With countless tasks to juggle and limited hours in the day, mastering the art of time management is essential for maximizing productivity and achieving business success. So how can small business owners effectively prioritize their time and tasks […].....»»
Ancajas wants to test Inoue’s patience
Jerwin Ancajas could only wish that Takuma Inoue, the WBA bantamweight champion, wouldn’t consider changing his style so close to their title showdown in Tokyo on Feb. 24......»»
The Daily Guardian Reviews Nightingale: A Beautifully Crafted Fantasy Survival with BioWare Pedigree, but Patience is Key
Inflexion Games is set to release a highly anticipated survival and crafting adventure game called Nightingale, but early reviews suggest that the game may lack.....»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»