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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......»»
How has God been helping you grow in spiritual maturity and effectiveness for Him?
How has God been helping you grow in spiritual maturity and effectiveness for Him? Why is age not the most important factor?.....»»
Household cuts rice consumption
Household cuts rice consumption.....»»
Faster inflation could delay interest rate cuts – BDO
Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»
Jimmy Butler ejected in 4th-quarter scuffle but not before helping Heat top Pelicans 106-95
Jimmy Butler ejected in 4th-quarter scuffle but not before helping Heat top Pelicans 106-95.....»»
Gradual BSP rate cuts likely by Q3
The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»
Market falls amid worries over rate cuts, China growth
Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»
Philippines manufacturing output sustains growth in February
MANILA, April 12 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in February, the Philippine Statistics Authority (PSA) said Friday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 7.5 percent and 8.9 percent in February, respectively. The.....»»
Philippines manufacturing output sustains growth in January
MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»
Government arsenal spending up 420 percent but misses production target
The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»
Ban imposed on cattle imports amid new disease
The Department of Agriculture has banned the importation of live cattle and buffalo and their products from Libya, Russia, South Korea and Thailand amid outbreaks of lumpy skin disease in the four countries......»»
Strong Group escapes Libyan squad
Strong Group Athletics (SGA) swept the group stage of the 33rd Dubai International Basketball Championship after squeaking past Libya’s Al Ahly Tripoli, 91-89, early Thursday morning (Manila time)......»»
Lebanon: Gaddafi Son Wrongfully Held for 8 Years
(Beirut) - Lebanese authorities should immediately release Hannibal Gaddafi, a son of Libya's former leader, who has been held in pretrial detention on spurious charges since his arrest in December 2015, Human Rights Watch said today. Nearly 80 percent of Lebanon's prison population is in pretrial.....»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
Xinhua world economic news summary at 1100 GMT, April 19
CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»
To raise gov’t revenues, Recto says solution need not involve new taxes
New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»
Mixed adjustments in oil prices today
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»
Vape refill cartridges with marijuana oil seized by PDEA-12
Agents of the Philippine Drug Enforcement Agency-12 confiscated 51 vape refill cartridges said to contain marijuana oil in an entrapment operation in Barangay Apopong in General Santos City on Thursday afternoon......»»