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BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Gwen: No ‘ayuda’ despite state of calamity in entire province
CEBU CITY, Philippines – Cebu Governor Gwen Garcia does not intend to give ‘ayuda’ or dole outs despite declaring a state of calamity in the entire province on Friday, May 17. The governor placed the entire province under a state of calamity after receiving reports of huge damages to agriculture amounting to over P176 million.....»»
PBA D-League- Puno, Calimag take charge as San Beda staves off CEU scare, forces semis decider
PBA D-League: Puno, Calimag take charge as San Beda staves off CEU scare, forces semis decider ABS-CBN News.....»»
Liza Marcos sa mga palpak na gabinete: `If I’m in charge, lahat sila patay’
Sinabi ni First Lady Liza Araneta-Marcos na nakikita ng mga miyembro ng gabinete at ibang mga opisyal ng gobyerno na hindi siya nakikialam sa trabaho ng Pangulo at minsan lamang siya sumilip sa opisina nito. The post Liza Marcos sa mga palpak na gabinete: `If I’m in charge, lahat sila patay’ first appeared on Abante......»»
‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge
‘WATER MEANS LIFE’ | Baciwa-PrimeWater urged to reduce minimum water charge.....»»
Sulaiman retracts statement, clears Jumawan of fraud charge
Sulaiman retracts statement, clears Jumawan of fraud charge.....»»
Murder raps filed vs suspect in hit-and-run of basketball player
CEBU CITY, Philippines – Police here have filed on Thursday, February 8, a charge of murder against the suspect behind the fatal hit-and-run of Jeslar Uriel Larumbe. Four days after the 23-year-old Larumbe was left sprawled on the road lifeless, authorities have filed the charge against the suspect in the viral incident which sent shock.....»»
DOLE to issue revised IRR for Service Charge Law
The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»
Cone takes charge at Gilas
Coach Tim Cone, the chief architect of Gilas Pilipinas’ gutsy rise back to the Asian Games summit after 61 long years, will be in charge of the Nationals’ program moving forward......»»
NGCP ready to expand CNP project
The National Grid Corp. of the Philippines is eyeing further developments to improve power supply amid a projected increase of demand the following years after the completion of a backbone project in the Visayas......»»
‘Congress may review NGCP’s franchise’
The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»
Senate panel ready to review NGCP franchise
Following the massive power outage that struck Panay Island and other parts of Western Visayas on Jan. 2, another Senate panel is ready to conduct a probe into the National Grid Corp. of the Philippines franchise......»»
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.....»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
NCR retail prices rise at slowest pace in nearly 2 years
Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»
Rain lessens drop in Angat water level
Rain and cloudy skies have lessened the drop in the water elevation of Angat Dam in the past two days, according to an official of the Metropolitan Waterworks and Sewerage System (MWSS)......»»
Panaad 2024: Cadiz City sales drop by 46%
Panaad 2024: Cadiz City sales drop by 46%.....»»