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Palace issues proclamations declaring special holidays
Malacañang has issued proclamations declaring special non-working holidays in various parts of the country, mostly to commemorate their founding and cityhood anniversaries......»»
Holidays in Cebu, Laguna areas declared
President Marcos has declared Jan. 15 and Feb. 6 as special non-working holidays in San Pablo City, Laguna and Consolacion, Cebu, respectively......»»
More road time for vehicles with temporary plates
More road time for vehicles with temporary plates.....»»
Unidentified landslide victims buried in temporary graves
Seventeen unidentified fatalities in the rain-induced landslide in Maco, Davao de Oro have been buried in temporary graves......»»
Himamaylan to hire 650 youth in temporary employment program
Himamaylan to hire 650 youth in temporary employment program.....»»
BSP seen defending peso at below 58:$1
The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»
April inflation seen breaching 4 percent target
Inflation likely picked up and breached the four percent upper target for the first time in five months in April, which will prompt the Bangko Sentral ng Pilipinas (BSP) to keep its hawkish stance, a poll of economists showed......»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
Singapore bank hikes Philippines inflation forecast
DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»
STATEMENT | A cry for justice for the victims and survivors of the ongoing climate disaster in Davao region
This most recent landslide is only a stark reminder that recurring disasters have occurred, pointing to a lack of corporate accountability and the failure to install mitigating measures to prevent a new landslide and prompt response when a new one occurs......»»
Recto sets sights on ‘more realistic’ targets
Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»
Australia sweats through heatwave, bushfire risk rated ‘extreme’
Hot and dry conditions combined with gusty winds prompt the forecaster to issue 'extreme fire danger' warnings for parts of Victoria and South Australia states.....»»
An analog story
Long before ChatGPT came into the picture, this student could perform and answer a prompt from his professor in analog style......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
First rate cut likely 25 basis points - The Manila Times
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»
Magic beat Cavaliers 121-83 to cut their deficit to 2-1
Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
29 housing projects to cut backlog in CL
29 housing projects to cut backlog in CL.....»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Some developers cut through Chocolate Hills – DENR
Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»