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Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Some developers cut through Chocolate Hills – DENR

Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!

NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP may cut big banks’ RRR to 5 percent

The Bangko Sentral ng Pilipinas (BSP) is looking at a significant reduction in the level of deposits banks are required to keep with the central bank after it starts  cutting interest rates this year, its top official said......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

May, not March

Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

BSP keeps interest rates steady

The Bangko Sentral ng Pilipinas said yesterday that its Monetary Board decided to keep rates steady. In doing so, the BSP said that inflationary risks “continue to lean toward the upside”, but that its latest forecasts showed that “inflation would settle close to the upper-end of the target range.”.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

BSP keeps rates on hold as expected

The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Ilocos Norte power rates down by 90 centavos

Electricity rates in this province have decreased by 90 centavos this month, according to the Ilocos Norte Electric Cooperative......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Meralco rates up this month

Household consumers should expect higher electricity bills this month as energy utility provider Manila Electric Co. increased rates by P0.4621 per kilowatt hour, to P11.4139 per kWh from P10.9518 per kWh last month......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Residential electricity rates up by P0.86/kWh for May-June billing

Residential customers of Visayan Electric will experience an increase of P0.86/kWh in their May-June electricity billing. The increase is attributed to high generation rates due to price hikes in the Wholesale Electricity Spot Market (WESM) in April brought about by power supply concerns in the Visayas Grid. As a result, the overall residential electricity rate.....»»

Category: newsSource:  inquirerRelated NewsMay 14th, 2024

Marina 7 to review ‘high’ Bantayan fare rates

Marina 7 to review ‘high’ Bantayan fare rates.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

BSP leaves interest rates unchanged

The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Meralco cuts power rates in April

The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024