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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

Banking 101: Unmasking Financial Lingo

Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Investor interest in power gaining steam – Lotilla

Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

People s Initiative or Politician s Interest?

People s Initiative or Politician s Interest?.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

PHL coco exports grow 78%

Exports of coconut oil and other coconut by-products reached an unprecedented level of $1.57 billion, 78 per cent more than last year’s value of $884 million, records of the Philippine Coconut Authority show......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Pelikula ng 4 na senador-action star pinaplantsa na para sa MMFF 2024

“IBA Ang May Pinagsamahan” ang working title ng pelikulang gagawin ng mga senador na sina Bong Revilla, Jinggoy Estrada, Robin Padilla at Lito Lapid kasama sina Coco Martin, Edu Manzano, Philip Salvador at Cesar Montano. Base sa kuwento ni Rez Cortez kay Morly Alinio sa kanyang vlog na naka-upload na sa YouTube channel ay nasa.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Batang Quiapo, Linlang, Can’t Buy Me Love sunud-sunod ang mga pasabog

SUNUD-SUNOD ang pasabog ng mga primetime show ng ABS-CBN Studios sa pangunguna ng “FPJ’s Batang Quiapo” ni Coco Martin. Ito’y magaganap nga sa pagbubukas ng bagong kabanata para ipagdiwang ang unang anibersaryo ng programa. Naglabas ng kapana-panabik na trailer ang “FPJ’s Batang Quiapo” para sa bagong yugto kung saan tampok ang mga kaabang-abang na rebelasyon.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 2024

Vhong Navarro thanks Coco Martin for casting son in Batang Quiapo

Kapamilya host Vhong Navarro is one proud father to his son Yce after he has been cast in the ABS-CBN hit teleserye "FPJ's Batang Quiapo.".....»»

Category: entertainmentSource:  philstarRelated NewsFeb 21st, 2024

Pelikula nina Bong, Coco, Robin at Lito pinaghahandaan na para sa MMFF 2024

SINIGURO ni Sen. Bong Revilla na mas marami pang pasabog na mapapanood sa mga next episode ng “Walang Matigas na Pulis Sa Matinik na Misis Season 2“. Super thankful at feeling grateful si Sen. Bong sa resulta ng pilot episode ng kanilang weekly action-comedy series sa GMA 7 last Sunday, February 4. Magaganda rin ang.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Australian Open: Osaka out, Gauff, Medvedev in for next round

Two-time Australian Open champion Naomi Osaka’s Grand Slam comeback ended at the first hurdle on Monday but US Open winner Coco Gauff and men’s third seed Daniil Medvedev surged on in Melbourne. On a baking-hot day, men’s seventh seed Stefanos Tsitsipas and women’s sixth seed Ons Jabeur also tasted first-round victory. But Wimbledon champion Marketa.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

JG Summit income triples

Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Robinsons Bank systems convert into BPI in 18 months

Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

MVP, RSA hope to seal tollway deal this year

Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BDO declares a property dividend of Treasury shares

BDO revealed that its board of directors approved the declaration of a property dividend of BDO Treasury shares that will result from the “eventual merger of BDO and SM Keppel Land Inc.”.....»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BDO Unibank, SM Keppel land: Notice of Merger

BDO Unibank Inc. announces a merger agreement with SM Keppel Land Inc., with BDO as the surviving entity......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

PSE hopeful on talks for merger with PDS

The Philippine Stock Exchange Inc. (PSE) is aiming to wrap up negotiations with shareholders of the Philippine Dealing System Holdings Corp. (PDS Group) within the first half of the year, paving the way for the long-awaited integration of the local bourse with the fixed income exchange to finally happen this 2024......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Hotel101 moves one step closer to NASDAQ SPAC listing

Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024