We are sorry, the requested page does not exist
Higher biofuel blend takes effect in October
The government is raising the country’s biofuel blend – more than a decade after it last adjusted the mix rates – to reduce the prices of various fuel products in the market......»»
Philippines to save P16 billion annually from higher ethanol blend
Increasing the ethanol blend in gasoline products from 10 percent to 20 percent could cut fuel prices by as much as four percent, resulting in as much as P16 billion in annual savings for Filipino vehicle owners, according to the United States Department of Agriculture-Foreign Agricultural Service......»»
PAL profit tumbles on price pressures
Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»
Gas prices up; diesel, LPG down today
In separate advisories, oil companies will implement a mixed adjustment as fuel products increased by P0.45 per liter for gasoline, while diesel and kerosene decreased by P0.60 and P1.05 per liter, respectively......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
Bank lending grew by 9.6% in April 2024 — BSP
Preliminary data released by the central bank on Friday showed that outstanding loans of universal and commercial banks, net of reverse repurchase placements with the BSP, expanded by 9.6% year-on-year in April, up from 9.4% in March......»»
Critical minerals are key to the green movement
Given the effects of climate change that are already being felt around the globe especially among the most vulnerable countries like the Philippines, there is now greater urgency in finding fast and high- impact solutions that would at least slow down, if not reverse, global warming......»»
When climate change hits home
The scorching heat being experienced not only in the Philippines but in other countries as well serves as a stark reminder that it’s about time we do our part in helping reverse climate change......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
FEF bucks proposal to restore NFA power
The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»
Golden Spikers aim to flip script vs Bulldogs
The University of Santo Tomas Golden Spikers are eager to reverse the situation in the UAAP Season 86 men’s volleyball championship as they face the four peat-seeking National University Bulldogs once again......»»
It’s Happy hour for SMB
Then Marcio Lassiter whipped up a storm in the third quarter to reverse the tide and help clear the way to a “routine” 112-103 victory for SMB in the PBA Philippine Cup yesterday at the PhilSports Arena......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
No lottery in PBA draft
A plan to hold a special no-order, computer-generated lottery for PBA draft applicants who would’ve been eligible to join at least four years earlier isn’t pushing through after all. According to PBA commissioner Willie Marcial, any change in format will require approval from the Board of Governors and for the moment, the guidelines for the draft on July 14 remain the same as before, meaning the order will follow the reverse standings of the teams the previous season unless slots are traded......»»
Interest rates to remain at 6.5% — BSP
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»
‘Cha-cha lies in the power of the people, not politicians’ – coalition
“The amendments are unnecessary, not urgent, and could worsen the situation of the Filipino people. The process is also alarming since adding the provision ‘unless provided by law’ gives Congress the power to revise or even reverse the constitutional provisions through ordinary legislation." The post ‘Cha-cha lies in the power of the people, not politicians’ – coalition appeared first on Bulatlat......»»
Trump wins Colorado ballot disqualification case at US Supreme Court
US Supreme Court justices unanimously reverse a decision by Colorado's top court to kick Trump off the state's Republican primary ballot.....»»
Wage hike to cut GDP growth, raise unemployment – NEDA
The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»
Banana exports reverse sagging trend, rise in 2023
Philippine banana exports reversed its sagging trend as shipments recovered in 2023, halting a four-year decline, thanks to additional production from rehabilitated areas previously affected by Panama disease......»»
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.".....»»