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Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Viral drift video suspect sued

THE Davao City Police Office (DCPO) on Tuesday, February 20, announced the filing of an alarm and scandal complaint against a businessman who was caught drifting recklessly in a rented vehicle......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Murder case filed vs 5 tagged in slay of Lapu market collector

LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

Chinese economy to moderate in 2024: ADB

Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Justin Fields market has only reinforced Ryan Poles likely QB decision

The Daily Guardian As the NFL off-season continues to unfold, the future of Chicago Bears quarterback Justin Fields remains uncertain. General manager Ryan Poles has.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 13th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Strengthening the Single Economic Market

Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman.    "I have met with Treasurer Chalmers and shared our new Government's ambitious economic goals, our plans to gr.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Women activists to Marcos: provide jobs, lower prices, not cha-cha

For working women and mothers, the Marcos Jr. presidency should provide jobs, decent wages, and lower prices of commodities to address economic woes and not tinker with the Constitution......»»

Category: newsSource:  davaotodayRelated NewsMar 11th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Over 40 defective weighing scales seized in Carbon Market

CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Meralco power rates expected to go down this month

Lower power rates may be expected this month due to lower generation and transmission charges, according to energy utility provider Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

‘New poll machines to give speedy results, lower failure rates’

There will be faster transmission of votes and lower failure rates with the new machines and transmission service to be used in the May 2025 midterm elections, the Commission on Elections said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian

January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Power spot market prices lower in 2023

The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024