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Shares gain anew on rate cut hopes

The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

TikTok facing ban in America; penalized $384 million in Europe

The US House of Reps has passed a bill to ban TikTok unless it cuts ties to Communist China. Chinese parent ByteDance must sell TikTok to another nationality in six months or be shut down......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

NWRB cuts water supply for Metro next month

The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

PAGCOR cuts e-game rates to encourage more investments

State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Lower output cuts Philex profit

Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NWRB: Water cuts loom in April, May

There will be rotating water interruptions in Metro Manila in April and May, according to the National Water Resources Board......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

‘4Ps registered P9 billion deficit due to budget cuts’

The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Rate cuts to help investments regain momentum – economist

The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Positive movement in S& P 500 futures following Meta and Amazon results preceding upcoming jobs report

Title: Tech Giants Fuel Market Optimism Amidst Fears of Rate Cuts in March Date: [Insert Date] Word Count: [300-400 words] The Daily Guardian – Amidst.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo

Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Stocks move in step with Asia-wide rally

Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

BSP rate cuts seen in lockstep with US Fed

The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Moody’s, Fitch research arms see rate cuts in 2nd half

The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Heat index in Laoag, Aparri may reach 46 °C on Sunday – Pagasa

MANILA, Philippines — Two areas, namely Laoag City in Ilocos Norte and Aparri in Cagayan, might experience the highest heat index on Sunday at 46 °C, according to the forecast of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). These places are followed by Roxas City in Capiz and Guiuan in Eastern Samar at.....»»

Category: newsSource:  inquirerRelated NewsMay 12th, 2024

Cebu weather: Warm and stable weather for next 5 days – Pagasa

CEBU CITY, Philippines – As we head into the weekend, residents of Metro Cebu and the rest of the province can anticipate warm and stable weather conditions, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) Visayas Regional Services Division. For Saturday, May 11, temperatures are projected to range.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

Aparri, Cagayan heat index expected to hit 48°C

MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

16 areas could hit danger level heat index

A total of 16 areas in the Philippines are forecast to fall under the "danger" heat index classification on Sunday, PAGASA said......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Cebu weather: Still hot, humid for the next five days

CEBU CITY, Philippines – As the hot and humid summer continues, residents of Metro Cebu and the rest of the province can expect stable weather in the next few days, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) Visayas Services Division. From Saturday, May 4, to Wednesday, May 8,.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024