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Ombudsman suspends Northern Samar town mayor
Mayor Jose Arturo Suan of Allen, Northern Samar has been suspended for six months in connection with a road project of the municipal government in a private property......»»
Policy easing likely in Q4, says Recto
The Bangko Sentral ng Pilipinas is expected to keep rates unchanged today, but rate cuts may happen only toward the end of the year......»»
Surge in consumer spending seen this year
Consumer spending in the Philippines is expected to surge this year due to easing inflationary pressures, healthy employment conditions and lower borrowing costs, according to BMI Country Risk & Industry Research......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Villar supports Marcos Jr’s easing of agriculture importation
Sen. Cynthia Villar expressed support for President Marcos’ order to ease the process of importation, which could also help sell agricultural products at cheaper prices......»»
T-bill rates rise across the board
Rates for the government’s short-term securities went up across the board as investors expect that policy easing here and abroad will likely be pushed further down the road......»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
FDI inflow registers 2-month high in January
The inflow of foreign direct investments soared by 89.9 percent to hit a two-month high in January, as easing inflation boosted investor confidence in the Philippines......»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
‘Limit political influence in protected areas permits’
Sen. Cynthia Villar yesterday proposed easing local politicians’ influence in approving permits for protected areas, following the Senate’s investigation on the infamous Captain’s Peak Resort built right at the foot of the Chocolate Hills in Bohol......»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
Single mistake can trigger SCS conflict – Marcos
A single mistake or a misunderstood move could lead to a conflict in the South China Sea, President Marcos said, as he expressed support for efforts to maintain peace in the disputed area while easing up the rhetoric of parties involved in the maritime row......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
75% dissatisfied with government effort vs inflation – poll
Despite the easing inflation reported in recent months, three in every four Filipinos now say they are dissatisfied with the government’s efforts to control the rising cost of basic commodities, a recent survey conducted by the OCTA Research group showed......»»
BSP seen to keep rates unchanged
The Bangko Sentral ng Pilipinas is likely to leave rates unchanged anew this week as it remains on a hawkish stance despite easing inflation......»»
‘Volatile inflation to keep rates steady’
Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»