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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.”.....»»
AP Bren secures top seed; Blacklist International edges Smart Omega to catch playoffs bus
Fans were on the edge of their seats over the weekend as the Mobile Legends Bang Professional League (MPL) Philippines held the final weeks of its regular season with everything still left to play — who will get the final playoffs spot and who will secure the upper bracket advantage......»»
‘BSP has room to keep policy settings steady’
Monetary authorities have room to keep the country’s monetary policy settings steady this month, even if inflation breaches the four percent upper target in April, according to Bangko Sentral ng Pilipinas Governor Eli Remolona Jr......»»
April inflation seen breaching 4 percent target
Inflation likely picked up and breached the four percent upper target for the first time in five months in April, which will prompt the Bangko Sentral ng Pilipinas (BSP) to keep its hawkish stance, a poll of economists showed......»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
Senate asks Davao police help in Quiboloy arrest
The Senate sergeant-at-arms has sought assistance from the Police Regional Office 11 in Davao in implementing the warrant issued by the upper chamber for the arrest of Apollo Quiboloy, the self-proclaimed son of God......»»
RTWPB 7 to hold public hearing for Kasambahay wage hike
CEBU CITY, Philippines — The Regional Tripartite Wages and Productivity Board (RTWPB)-7 will hold a public hearing on April 7 for the increase of the minimum wage for “Kasambahay” or housemaids. The public hearing will be held at the Grub Hub Food Park, Belmont One, Barangay Upper Calajoan in Minglanilla town. The activity will start.....»»
Medical marijuana bill reaches Senate plenary
The bill seeking to legalize medical marijuana in the Philippines has reached the Senate plenary, the first time in the history of the upper chamber, according to a cannabis lawyer......»»
Senate orders Quiboloy’s arrest; DOJ files sex raps
After snubbing the Senate investigation into alleged sexual abuses of Apollo Quiboloy, the self-proclaimed son of God, the upper chamber officially ordered yesterday the arrest and detention of the Kingdom of Jesus Christ leader for contempt......»»
Job generation master plan out in Q4 – NEDA
The National Economic and Development Authority is looking to complete the country’s employment generation master plan in the fourth quarter of the year......»»
‘Policewoman’ nabbed, charged for unauthorized use of PNP uniform, ID
MANDAUE CITY, Philippines – A 44-year-old woman was arrested Tuesday night, February 27, for the unauthorized use of the athletic uniform of the Philippine National Police (PNP). Myrlin Plandes Beard, a resident of BSP Camp Upper Banica, in Brgy. Lahug, Cebu City, was arrested at a police checkpoint along Zuellig St. in Barangay Subangdaku at.....»»
NEDA approves 23 new priority infrastructure projects
The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»
Mindanao railway project up for NEDA review
The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»
Marcos wants Cha-cha plebiscite in 2025 elections
This is the second time that Marcos has instructed the upper chamber of Congress — which is supposed to be independent of the executive and was lukewarm to Charter change until this year — about how lawmakers should revise the 1987 Constitution. .....»»
Wage hike to cut GDP growth, raise unemployment – NEDA
The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»
UST’s Poyos, UE’s Dongallo figure in explosive rookie duel
In a battle of super rookies, UST’s Angeline Poyos got the upper hand......»»
EV players push ‘green traffic’ as NEDA readies tariff review
Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»
NEDA’s bid to scrap telcos’ congressional franchise requirement opposed
The head of the 28-member minority bloc in the House of Representatives has opposed a proposal of the National Economic and Development Authority to scrap the legislative franchise requirement for telecommunications companies......»»
Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»