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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 unlikely to cut rates in 1st half

The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Century Pacific expands and extends coco product supply agreement with Vita Coco

Century Pacific Food said that it has entered into a new agreement with The Vita Coco Company, which CNPF describes as a “global leader in the coconut water category”, to supply Vita Coco with 90 million liters of coconut water over the next five years......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Employers urged to comply with holiday pay rules ahead of Araw ng Kagitingan, Eid’l Fitr

The attached agency of the Department of Labor and Employment sent a reminder to employers about holiday pay regulations ahead of the upcoming Araw ng Kagitingan and Eid'l Fitr......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

SC: Disini estate to pay P100 million damages for BNPP

The Supreme Court has affirmed with finality its decision ordering the estate of late businessman Herminio Disini to pay the government damages for the US $2.3 billion mothballed Bataan Nuclear Power Plant in Morong, Bataan......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Sky Cable to shut pay TV

Cable operator Sky Cable Corp. is ending its pay TV business toward the end of February, as it moves to become a dedicated connectivity provider as part of its merger with PLDT Inc......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Overpriced pay parking fees? Report this to Cebu City Hall, says councilor

CEBU CITY, Philippines —A Cebu City councilor is urging the public to report to the city hall pay parking areas collecting overpriced fees.  Cebu City Councilor James Cuenco, the city council’s chairman of the Committee on Transportation, Councilor James Cuenco urged those with concerns of overpriced parking fees to contact his office and tell them the.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Early retirement of coal plants to significantly cut CO2 emissions

The early retirement of coal supply agreements in the Philippines is expected to significantly reduce carbon dioxide emissions, aligning the country with the objectives of the Paris Agreement......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Lapu-Lapu City signs agreement with private firm for socialized housing project

LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Assertion on Duterte’s ‘gentleman’s agreement’ with China exaggerated – Imee

There was a bit of exaggeration in the assertion of retired Supreme Court justice Antonio Carpio that former president Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, according to Sen. Imee Marcos......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

NZ - UAE trade agreement consultation begins

Following a meeting with UAE Trade Minister Dr. Thani bin Ahmed Al Zeyoudi at the WTO Ministerial Conference in Abu Dhabi, Trade Minister Todd McClay has launched public consultation for a trade agreement between New Zealand and the United Arab Emirates (UAE).  "The UAE is a top-20 export market for New Zealand, and our largest market in the Middle East, with exports increasing 17% i.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Switch emulator makers agree to pay $2.4 million to settle lawsuit

The Yuzu emulator developers have reached a settlement with Nintendo after a lawsuit was filed against them. As part of the agreement, the developers will.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 5th, 2024

DepEd inaprub overload pay ng mga guro

Babayaran na ng Department of Education (DepEd) ang overload ng mga guro o ang lagpas sa 30 oras na trabaho nila kada linggo. The post DepEd inaprub overload pay ng mga guro first appeared on Abante......»»

Category: sportsSource:  abscbnRelated News15 hr. 41 min. ago

Holiday pay on Labor Day

Double pay awaits workers who will report to work on Labor Day, according to the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Mandaue Councilor to MCWD: Allow consumers to pay water bills on staggered basis

MANDAUE CITY, Cebu – A Mandaue City Councilor is urging the Metropolitan Cebu Water District (MCWD) to allow city residents to pay on a staggered basis their bills for the months of March and April. Councilor Jennifer Del Mar, chairperson of the committee on Disaster Risk Reduction Management, said that doing so would lighten the.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

Wa pay hinabang gikan sa Cebu City

Wa pay hinabang gikan sa Cebu City.....»»

Category: sportsSource:  abscbnRelated NewsApr 5th, 2024

CV wage board sets public hearing for kasambahay pay

CV wage board sets public hearing for kasambahay pay.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Double pay for workers reporting on Holy Week

Workers nationwide may opt to enjoy a long holiday break or hefty pay this Holy Week......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024