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FFCCCII backs further lowering of rice tariffs

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is supporting a proposal to further reduce the import duties slapped on rice to help bring down the prices of the staple......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

The Fed s meeting notes: Lack of further progress on inflation

The US Federal Reserve (the Fed) [link] released the minutes of the meetings held by the Federal Open Markets Committee (FOMC), the body charged with making the decision on interest rates, and a reading of the minutes revealed concern by officials that “recent monthly data had showed significant increases in components of both goods and services price inflation”, and that “in recent months there had been a lack of further progress toward the Committee’s 2 percent objective.”.....»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

MCWD water production drops further

MCWD water production drops further.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

MPUJ operators ask Cebu City to study SRP proposal further

MPUJ operators ask Cebu City to study SRP proposal further.....»»

Category: newsSource:  sunstarRelated NewsMay 8th, 2024

Comelec mulls further limiting substitution due to withdrawal 

Comelec mulls further limiting substitution due to withdrawal .....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

Hamas sends delegation to Egypt for Hamas for further ceasefire talks

Hamas sends delegation to Egypt for Hamas for further ceasefire talks.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

No classes in Cebu province due to extreme heat

CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Further improvement in Philippines external position seen

The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

NEDA: Further reforms needed in telco industry

The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Strong GDP expansion gives BSP room to further hike rates

he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

BSP to further relax forex rules

The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes

Saudi Arabia opens its first liquor store in over 70 years as kingdom further liberalizes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Trade gap expected to widen further

The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Bitcoins Sell The Fact Pullback Came From Exchanges: Kaiko

Title: Analysts Predict Further Price Drop for Cryptocurrencies; Investors Brace for Potential Losses As the cryptocurrency market faces ongoing volatility, analysts are predicting a further.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

Baguio chills further at 12.8°C

Baguio City locals and weekend visitors used thick clothing and blankets to parry off shivers after the highland vacation capital’s chill further dived early Sunday morning......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Hefty oil price cuts seen next week

Motorists can expect fuel prices to go down next week, according to the Department of Energy......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2024

Nomura cuts Philippines inflation forecasts

Nomura Global Markets Research slashed its inflation forecasts for the Philippines in the next two years due to the reduction of import tariffs on rice to 15 percent from 35 percent......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2024

Metrobank sees BSP rate cuts in Q4

Metropolitan Bank & Trust Co. expects the Bangko Sentral ng Pilipinas (BSP) to start cutting interest rates in the fourth quarter and maintain a restrictive policy environment for the most part this year amid upside risks to inflation......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024