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%......»»
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......»»
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......»»
T-bill rates climb ahead of BSP meet
The government upsized its sale of short-term securities yesterday to P17 billion, even after rates picked up ahead of the policy decision of the Bangko Sentral ng Pilipinas this week......»»
Think tank: No change in BSP rates
The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»
BSP seen to keep rates unchanged
The Bangko Sentral ng Pilipinas is likely to leave rates unchanged anew this week as it remains on a hawkish stance despite easing inflation......»»
BSP unlikely to cut rates in 1st half
The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»
Government agrees to restore interest deductions
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»
BSP keeps interest rates steady
The Bangko Sentral ng Pilipinas said yesterday that its Monetary Board decided to keep rates steady. In doing so, the BSP said that inflationary risks “continue to lean toward the upside”, but that its latest forecasts showed that “inflation would settle close to the upper-end of the target range.”.....»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
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......»»
‘Higher interest rates are here to stay’
The Bangko Sentral ng Pilipinas is likely to hold on to higher rates for a little longer, moving in lockstep with the US Federal Reserve and the rest of the central banks globally......»»
PhilHealth defends contribution rates
Defending its current contribution rates, the Philippine Health Insurance Corp. yesterday said PhilHealth’s existing premium contribution rates are based on what is mandated by law......»»
Power rates down by P0.37/kWh for Feb-Mar billing
High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»
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 […].....»»
Manila’s ‘last lung’ to remain free from development
Arroceros Forest Park, often described to be Manila’s “last lung,” will remain off-limits to private interests, the city government said yesterday......»»
Valderrama: Our hearts remain
Valderrama: Our hearts remain.....»»
BDO to remain cautious amid risks
BDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and in the first quarter of the year......»»
MMDA to remain strict on e-trike, light vehicle ban
Despite an order from President Marcos, the Metropolitan Manila Development Authority would remain strict in banning light vehicles like e-bicycles, e-tricycles and tricycles from plying major roads in Metro Manila, acting MMDA Chairman Romando Artes said yesterday......»»
Marcos to Pinoys: Remain firm in your commitment, resolve this dragon year
President Marcos called on Filipinos to remain firm in their commitment and resolve to achieve a harmonious and progressive Philippines as he joined the Filipino-Chinese community in celebrating Chinese New Year yesterday......»»