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Lapu-Lapu posts 4th highest growth rate in ‘22
Lapu-Lapu posts 4th highest growth rate in ‘22.....»»
DCWD to implement 20% rate increase starting February
DAVAO CITY (MindaNews / 12 February)—The Davao City Water District (DCWD) has implemented a 20-percent increase in its rates effective this month, an official announced on Monday. Speaking during Kapehan sa Dabaw, DCWD spokesperson JC Duhaylungsod said that the water rate adjustment would be reflected in the bills of the consumers next month. She said […].....»»
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.....»»
Cebu City’s inflation rate soars to 4.5% in January
Cebu City’s inflation rate soars to 4.5% in January.....»»
Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia
Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»
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 […].....»»
Mandaue’s crime rate down by 5 percent
Mandaue’s crime rate down by 5 percent.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Inflation Rate (IR) in Eastern Visayas drops to 2.4 percent in July 2023
The Inflation Rate (IR) in Eastern Visayas slowed down further to 2.4 percent in July 2023 from 3.3 percent in June 2023......»»
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......»»
DavNor posts lowest Dec 2023 inflation rate in Davao region
DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»
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......»»
Pag-IBIG rate increase gets FFW’s support
Pag-IBIG Fund secured the support of the Federation of Free Workers, one of the country’s top labor organizations, in its plan to increase the nearly four-decade-old mandatory monthly savings rate for both members and their employers starting January 2024, officials said Monday......»»
Early BSP rate cut hopes buoy stocks
The stock market capped off the week on a high note, posting slight gains to extend its winning streak to a third straight day......»»
Market climbs back to 6,500-level
Share prices rose for a second straight session, buoyed by hopes for a US Federal Reserve rate cut later this year......»»
Shares rebound as May inflation stays within target
The stock market bounced back after a major sell-off the previous day as investors stayed positive despite higher inflation rate announced in May......»»
DOH logs 160 rabies deaths since January
At least 160 people have died of rabies since January, a case fatality rate of 94.67 percent, according to the Department of Health......»»
Rice inflation rate slowed down in May 2024 — PSA
The Philippine Statistics Authority reported a slow growth in rice inflation between April and May 2024, as well as a slight decrease in its retail prices......»»
World Bank Sees Further Economic Growth for PH
The World Bank sees positive growth in the country’s economy in the next few years. According to the World Bank, they expect the average growth will be at an average of 5.9% annually between 2024 and 2026. The World Bank said that the growth rate in 2024 will be at 5.8%, while 5.9% in 2025. […].....»»
Inflation climbs to 3.9% in May due to higher transpo, electricity prices
The country's inflation rate rose to 3.9% in May 2024 due to increased transportation and electricity costs, according to the Philippine Statistics Authority......»»