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BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
Lady Falcons repel Fighting Maroons for 1st win in UAAP women’s volleyball
The Adamson Lady Falcons dug deep and turned back gritty UP Fighting Maroons side to record their first win of the UAAP Season 86 women's volleyball tournament, 25-22, 25-22, 28-26, Saturday afternoon at the Mall of Asia Arena in Pasay City......»»
Japan rocket explodes seconds after launch
Space One’s much-anticipated launch of its ‘Kairos’ rocket ended in disaster today as the rocket suffered a catastrophic failure shortly after lift-off in western Japan......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 18
ISLAMABAD -- Pakistan military said in a statement that the country had carried out effective strikes early Thursday morning against hideouts inside Iran used by "terrorists" responsible for recent attacks in Pakistan. The Inter-Services Public Relations (ISPR), the media wing of the Pakistan army, said that the precision strikes were carried out by "using killer drones, rockets, loitering munitions, and stand-o.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 18
ISLAMABAD -- Pakistan military said in a statement that the country had carried out effective strikes early Thursday morning against hideouts inside Iran used by "terrorists" responsible for recent attacks in Pakistan. The Inter-Services Public Relations (ISPR), the media wing of the Pakistan army, said that the precision strikes were carried out by "using killer drones, rockets, loitering munitions, and stand-o.....»»
Xinhua world news summary at 1530 GMT, March 8
BEIRUT -- Three Hezbollah fighters were killed and three civilians were injured on Friday in Israeli airstrikes targeting towns and villages in southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said that one of the Israeli raids targeted a house in the village of Blida, killing three Hezbollah members, while another raid targeted the town of Baraachit, wounding three ci.....»»
Xinhua world news summary at 1530 GMT, March 8
BEIRUT -- Three Hezbollah fighters were killed and three civilians were injured on Friday in Israeli airstrikes targeting towns and villages in southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said that one of the Israeli raids targeted a house in the village of Blida, killing three Hezbollah members, while another raid targeted the town of Baraachit, wounding three ci.....»»
Kartzone Cebu Racing Team celebrates recent wins, eyes bigger races in 2024
CEBU CITY, Philippines — There’s a new racing team in Cebu that will surely give everyone a run for their money. They’re no other than the KartZone Cebu Racing Team that recently made waves in the national karting scene. Amazingly, this team isn’t composed of veteran and hard-nosed drivers, but a bunch of talented kids.....»»
Record 325 teams vie for golf glory in Southwoods Invitational
The Southwoods Invitational unwraps Wednesday, March 13, with the initial batch of the record-breaking 325-team field aiming for strong starts at the Masters and Legends courses in what promises to be a highly charged yet friendly competition......»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
Mission impossible: Embracing the nuclear ‘explosion’
A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»
New PS5 Pro Console Rumored to Launch for 2024 Holiday Seaso
Sony is gearing up to launch the highly anticipated PS5 Pro just in time for the 2024 holiday season, as leaked documents from a PlayStation.....»»
PCO to launch Bagong Pilipinas digibox
As the Philippines switches from analog to digital terrestrial broadcasting this year, the Presidential Communications Office will launch the “Bagong Pilipinas” digibox to ease the transition for Filipinos who still have their analog televisions......»»
2-part album complete: Belle Mariano to launch And Solemn album
The launch will be like a mini concert of the young star, as it will feature live performances from her new album, set to release on the same day......»»
NEWS BRIEFS | 11 March 2024
Three news barangays created in Marawi City Voters in Marawi City ratified the creation of three new barangays during a plebiscite held last Saturday there, the Commission on Elections (Comelec) said. In a statement, the Comelec said that 2,121 out of 2,265 voters approved the creation of the three barangays. The voters came from the three barangays […].....»»
Faster inflation could delay interest rate cuts – BDO
Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»
Pag-IBIG rate increase gets FFW’s support
Pag-IBIG Fund secured the support of the Federation of Free Workers, one of the country’s top labor organizations, in its plan to increase the nearly four-decade-old mandatory monthly savings rate for both members and their employers starting January 2024, officials said Monday......»»
‘Dragon Ball’ creator Akira Toriyama, pumanaw sa edad na 68
SUMAKABILANG buhay na si Akira Toriyama, ang lumikha ng kilalang manga comics na “Dragon Ball”. Ang malungkot na balita ay isinapubliko ng kanyang production team na “Bird Studio” ngayong Biyernes, March 8. Ayon sa kanila, noong March 1 pa talaga pumanaw si Akira dahil sa acute subdural hematoma. “It’s our deep regret that he still.....»»