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Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties
Hontiveros raises concerns over Bamban, Tarlac mayor’s Chinese ties.....»»
Sen. Tulfo raises concern about resorts found near Mt. Apo
SENATOR Raffy Tulfo raises concern about resorts found at the buffer zones of Mount Apo......»»
Pagasa raises La Niña watch
Pagasa raises La Niña watch.....»»
Envi group raises concern over Aboitiz coal expansion in Cebu
Envi group raises concern over Aboitiz coal expansion in Cebu.....»»
Taiwan s Navy Chief to Visit US Next Week, Sources Say
Taiwan's navy chief, Tang Hua, will visit the United States next week to attend a military ceremony and discuss how to boost bilateral naval cooperation as China raises threats toward the island, six people briefed on the trip said.While Taiwan and the United States have a close relationship, it is unofficial, as Washington formally recognizes China, not the democratically governed island that Beijing claims as.....»»
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......»»
Laurel pushing for lower food freight costs
The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
Strengthening the Single Economic Market
Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman. "I have met with Treasurer Chalmers and shared our new Government's ambitious economic goals, our plans to gr.....»»
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.....»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»
SB Finance bags Asian Management Excellence Awards 2024
SB Finance has been recognized by the Asian Management Excellence Awards 2024 with the citation “Philippines - Team of the Year - Financial Services” during the awarding ceremony held recently in Bangkok, Thailand......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»
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......»»
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......»»