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Argentine oil producers rebel against Milei government

A number of regions have threatened to withhold supplies in what has turned into a standoff with the president Argentina's key oil-producing provinces have threatened to cut supplies to the rest of the country if President Javier Milei presses ahead with a plan to slash funding and withhold billions in federal tax rev.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Magic beat Cavaliers 121-83 to cut their deficit to 2-1

Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

29 housing projects to cut backlog in CL

29 housing projects to cut backlog in CL.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!

NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

DENR move to cancel MOA on Masungi hit

Environmental group Masungi Geopark has criticized the move of Environment Secretary Maria Antonia Yulo-Loyzaga to cancel the 2017 memorandum of agreement between the Department of Environment and Natural Resources and the advocacy organization......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Philippines mining sector eyes growth with govt s plans

The move, according to Environment chief Ma. Antonia Yulo-Loyzaga, is part of a larger initiative to boost the industry in the face of the global shift towards green energy......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

In Negros Occidental, young bride gives birth minutes before Valentine’s Day wedding

'It was indeed as double celebration of marriage and life in one sitting,' says Moises Padilla Mayor Ella Celestina Garcia-Yulo, who administered the wedding of the couple at the municipal health office where the bride had just given birth.....»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2024

DENR alarmed by 82% drop in Philippine crocodile population

The population of Philippine crocodiles has declined by 82 percent, according to Secretary Maria Antonia Yulo-Loyzaga of the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

DENR mum on Loyzaga family landholdings

The Department of Environment and Natural Resources has refused to comment on allegations against Secretary Antonia Yulo-Loyzaga that her position as DENR chief clashes with her family’s vast landholdings. “.....»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

DENR chief breaks silence on reported family landholdings

Environment Secretary Maria Antonia Yulo-Loyzaga on Friday broke her silence on allegations that her position as Department of Environment and Natural Resources chief clashes with her family’s vast landholdings......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

A conflicted custodian of our environment

Antonia Yulo-Loyzaga’s duty as DENR secretary clashes with her family’s vast landholdings......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Suing Maldives to Enforce its Environmental Laws

An ongoing court case in the Maldives sheds light on why it is so hard to get the government to enforce the country's environmental laws.The Maldives is one of the most vulnerable countries in the world to the consequences of climate change, with 80 percent of the archipelago's islands less than a meter above sea level. The government has enacted significant environmental legislation, most notably the Environmen.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024