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Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
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......»»
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......»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
BSP: February inflation expected to settle within gov t target
The Bangko Sentral ng Pilipinas expects that the inflation rate for February 2024 in the country will fall within the range of 2.8% to 3.6%......»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
DOLE monitoring ventilation in workplaces amid heat wave
With the high heat index being experienced this summer and aggravated by the El Niño phenomenon, the regional office of the Department of Labor and Employment (DOLE) is encouraging businesses to allow work-from-home arrangements......»»
5,844 schools suspend onsite classes due to extreme heat
Of 47,678 public schools nationwide, 5,844 suspended onsite classes yesterday due to extreme heat aggravated by the El Niño phenomenon......»»
Government working to revert to old school calendar – Marcos
The government is working to revert to the old school calendar from June to March as the scorching summer heat, aggravated by the El Niño phenomenon, is causing class disruptions in several areas across the country, President Marcos yesterday......»»
Why is Canada capping foreign students and who will be impacted?
Canada on Monday announced a two-year cap on the intake of foreign students after an explosive growth in recent years aggravated the housing shortage. Last year Canada issued nearly one million study permits, about three times that of a decade ago, according to government data and the new proposal will cut the intake by nearly.....»»
Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU
Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU.....»»
More Power offers relief measures amid power outages in Iloilo City
More Power offers relief measures amid power outages in Iloilo City.....»»
New NGCP grid brings relief to Panay, Negros Island consumers
New NGCP grid brings relief to Panay, Negros Island consumers.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
1,300 displaced Maguindanao del Norte families get relief aid
1,300 displaced Maguindanao del Norte families get relief aid.....»»
Farmers, fishers demand immediate relief for El Niño impacts
“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»
DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»