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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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Positive movement in S& P 500 futures following Meta and Amazon results preceding upcoming jobs report

Title: Tech Giants Fuel Market Optimism Amidst Fears of Rate Cuts in March Date: [Insert Date] Word Count: [300-400 words] The Daily Guardian – Amidst.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Stocks move in step with Asia-wide rally

Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

BSP seen to start rate cuts in August

The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

BSP rate cuts seen in lockstep with US Fed

The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Moody’s, Fitch research arms see rate cuts in 2nd half

The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Cebu City taxpayers can now avail services online

CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head.  Nelyn P. Sanrojo, OCCA’s computer division head, said that clients could now avail of its services such as the issuance of a certified true copy.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Cebu Daily Newscast: Dad in Cebu City jailed for stealing a watch in a mall

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday April 29, 2024. Dad in Cebu City jailed for stealing a watch in a mall A jobless man, who wanted money to provide for his family of four, found himself in deeper trouble.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Father shoots son dead for disrespecting mom in Cebu City

CEBU CITY, Philippines – He was only requested to turn off the lights of his hut, but his disrespectful response to his mother’s order ultimately led to his death. The fatal shooting of a 28-year-old jobless man by his own father in Barangay Lahug, Cebu City on Monday night allegedly stemmed from months of constant.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Fewer jobless Pinoys in January – DOLE

The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Jobless Filipinos balloon to 2.15 million in January 2024

The Philippine Statistics Authority reported that the number of unemployed persons ages 15 and above climbed to 2.15 million in January 2024, down from 1.6 million in December 2023. .....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

35 million jobless Filipinos

President Marcos Jr. has a new economic team......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

PUVMP consolidation rate reaches 81% – LTFRB

An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

DILG: Crime rate lower under President Marcos compared to Duterte

The Philippine National Police (PNP) has recorded a lower crime rate during the first 21 months of the Marcos administration compared to the same period under former President Rodrigo Duterte......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

DSWD-Davao posts 68% ECT completion rate

THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reported a completion rate of approximately 68 percent for distributing Emergency Cash Transfer (ECT) to residents of Davao del Norte and Davao Oriental affected by the Shear Line and Low-Pressure Area (LPA)......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Mandaue City logs highest inflation rate

Mandaue City logs highest inflation rate.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Mandaue labing taas og inflation rate sa HUCs

Mandaue labing taas og inflation rate sa HUCs.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024