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Fight vs inflation far from over – BSP

Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Japan unexpectedly slips into recession, Germany now world’s third biggest economy

Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»

Category: newsSource:  rapplerRelated NewsFeb 15th, 2024

Fewer Pinoys see better quality of life – SWS poll

Despite a having a positive outlook for 2024, a smaller percentage of Filipinos expect to have a better quality of life this year, a survey conducted by Social Weather Stations showed......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

The Importance of Still Keeping Loose Change

In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Cone banks on home support to help Gilas get job done vs visiting Taiwanese

'We're going to need every support we can get, because we're still searching for ourselves,' says Tim Cone as Gilas Pilipinas hosts Chinese Taipei to close out the first FIBA Asia Cup Qualifiers window.....»»

Category: newsSource:  rapplerRelated NewsFeb 25th, 2024

Cebu weather: Pagasa forecasts slightly to moderate conditions

CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»

Category: newsSource:  inquirerRelated News17 hr. 12 min. ago

Cebu temperatures to hit 40°C as scorching weather persists

CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

What to consider when investing in condos in 2024

The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Amparo steps in to replace Andales for the IBF world title bout in Japan

CEBU CITY, Philippines — In a surprising turn of events, world-ranked Jake “El Bambino” Amparo of the PMI Bohol Boxing Stable stepped in as a last-minute replacement for countryman ArAr Andales in facing the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka on March 31 in Nagoya, Japan.  This was confirmed by PMI.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

Engkwentro 12: All set for Wenceslao-Sanchez WBF title showdown

TAGBILARAN CITY, Philippines— ARQ Boxing Stable’s hard-hitting journeyman, Rodel “The Hulk” Wenceslao, and his foe, Ernie Sanchez, will trade leather in tomorrow’s main event, Friday, March 8, at “Engkwentro 12: Binombahay sa Cawayan” in Cawayan town, Masbate. Wenceslao and Sanchez passed the official weigh-in for their World Boxing Foundation (WBF) Australasian welterweight bout on Thursday,.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Santisima, Castino trade leathers with Japanese foe in Tokyo on Saturday

CEBU CITY, Philippines— Cebu-based unbeaten prospect Alex Santisima Jr. and PMI Bohol Boxing Stable’s Jhunrille Castino both passed their respective weigh-ins for their bouts in Tokyo, Japan, scheduled for Saturday, March 2nd. Santisima, the younger brother of world title challenger Jeo Santisima, fighting under ZIP Sanman’s banner, will face hometown opponent Subaru Murata. Murata and.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Gatchalian wants to hold gencos accountable for power outages

Power-generating companies that are unable to provide a stable and steady supply of electricity should be held accountable for outages that result in economic losses, according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Pacquiao thrilled to have newest world champion under promotional stable

Boxing icon Manny Pacquiao expressed elation for his promotional company, MP Promotions, having its first-ever non-Filipino world champion — Mexico’s Isaac Cruz, who annexed the World Boxing Association (WBA) super lightweight title last Sunday......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024

ALA keeps on punchin’

Meeting up with Tony Aldeguer, respected owner of the once-thriving ALA Boxing stable, was a highlight of my visit here for the EASL Final Four last weekend. It’s been years since we’ve seen each other and in between game days, Tony motored close to 1 1/2 hours to take me to lunch......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024