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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.”.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

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)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

BSP seen to stand pat on policy rates anew

The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 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

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......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

Janno nanega ang career; ibinandera ang dahilan kung bakit laging late

NAGPALIWANAG ang veteran comedian at TV host na si Janno Gibbs kung bakit lagi siyang nale-late sa kanyang mga trabaho. Dahil madalas siyang late dumating sa shooting o taping ng mga ginagawa niyang projects, binansagan siyang “The Late Janno Gibbs.” Ayon sa komedyante, nagsimula lang ito sa katuwaan at tuksuhan ngunit kalaunan ay nagkaroon na.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

Strong frontside finish puts Go in the mix

Lloyd Go put up an impressive frontside performance, racking up four birdies worth 8 points as he tallied a 9-point total to grab a share of 19th in the first round of the For the Players By the Players 2024......»»

Category: sportsSource:  philstarRelated NewsMay 9th, 2024

Korda triumphs in sudden death anew; Saso, Pagdanganan waver

Yuka Saso failed to sustain a third round 69 as she struggled with five bogeys against three birdies, while ICTSI stablemate Bianca Pagdanganan also faced difficulties, limping with a 78 to end up at tied 55th with 290......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Ababa rules Apo

Jhonnel Ababa canned two pressure-packed birdies, the first forcing a playoff and the other clinching the hotly disputed championship over Guido van der Valk to rule the ICTSI Apo Golf Classic here Friday......»»

Category: sportsSource:  philstarRelated NewsMar 16th, 2024

Ababa edges Dutchman in sudden death to cop ICTSI Apo Golf Classic title

Jhonnel Ababa canned in two pressure-packed birdies, the first forcing a playoff and the other clinching the hotly disputed championship over Guido van der Valk in a statement-making win at the ICTSI Apo Golf Classic......»»

Category: sportsSource:  philstarRelated NewsMar 15th, 2024

Zach Johnson fires 62, leads American Express with Alex Noren

(Photo credit: Ray Acevedo-USA TODAY Sports) U.S. Ryder Cup captain Zach Johnson ripped off six straight birdies amid a 10-under-par 62 and is tied with Sweden's Alex Noren for the lead after one round of The American Express on Thursday in La Quinta, Calif. Johnson and Noren each played their first rounds at La Quinta Country Club, one of three courses used for this week's tournament. Players will also play a round at P.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024