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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......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
3 dead, 17 injured in multi-vehicle crash in Manila
3 dead, 17 injured in multi-vehicle crash in Manila United News of India.....»»
Malaysian military copter crash kills 10 in training
Malaysian military copter crash kills 10 in training.....»»
Cavite helicopter crash: Navy forms team to probe why chopper went down
MANILA, Philippines — A team to investigate the helicopter crash in Cavite that killed two of its pilots has been formed on Thursday by the Philippine Navy. This was according to Navy spokesperson, Cmdr. John Percie Alcos on Friday. Alcos said in an interview over Radyo 630 on Friday that “The investigation team was already.....»»
Motorcycle rider dies in crash
A motorcycle rider died in a vehicular crash along Quirino Highway in Quezon City on Wednesday afternoon......»»
Philippine road crash kills woman, injures man
MANILA, March 18 (Xinhua) -- A woman was killed after the motorcycle she and her husband were riding was hit by an overtaking bus along a highway in Rizal province of the Philippines at dawn on Monday, police said. Police said the accident occurred around 4 a.m. while the couple traveled along a highway in Taytay town. The woman died at the crash site, while her husband sustained injuries in the left arm......»»
Death toll in truck crash in central Philippines rises to 15
MANILA, Feb. 22 (Xinhua) -- The death toll from the truck crash in the central Philippines on Wednesday rose to 15 as one of the critically injured died in a hospital, police said Thursday. Police said two other injured people are recuperating at a local hospital. The truck was traveling along a highway in Mabinay town in Negros Oriental province on Wednesday afternoon, when the driver lost control of the.....»»
Death toll in truck crash in central Philippines rises to 15
MANILA, Feb. 22 (Xinhua) -- The death toll from the truck crash in the central Philippines on Wednesday rose to 15 as one of the critically injured died in a hospital, police said Thursday. Police said two other injured people are recuperating at a local hospital. The truck was traveling along a highway in Mabinay town in Negros Oriental province on Wednesday afternoon, when the driver lost control of the.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 14
KUALA LUMPUR -- Malaysian authorities recovered the bodies of two individuals, who were killed in an aircraft crash on Tuesday. The two victims are Malaysians aged 30 and 42 and had died at the place of the incident, Selangor police chief Hussein Omar Khan said in a statement late Tuesday. (Malaysia-Plane Crash-Death) - - - - KUALA LUMPUR -- Former Malaysian Prime Minister Mahathir Mohamad has been.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»
Florida: 2 dead after jet plane crash lands on highway, collides with vehicles
A private passenger jet with five people aboard crash-landed on a busy Florida highway and collided with two vehicles on the ground in a fiery accident on Friday that killed two people, according to authorities and news footage from the scene. The Bombardier Challenger 600 business jet, which took off from Ohio, was on approach.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 21
KABUL -- Four people onboard a Russian plane that crashed in Afghanistan's airspace on Saturday were found injured on Sunday, local officials said. (Afghanistan-Plane Crash) - - - - JAKARTA -- At least two people died and 16 others were injured after the bus they were on rolled five meters down a highway in Central Java on Sunday, according to local police. The crash took place in Pemalang Regency.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 21
KABUL -- Four people onboard a Russian plane that crashed in Afghanistan's airspace on Saturday were found injured on Sunday, local officials said. (Afghanistan-Plane Crash) - - - - JAKARTA -- At least two people died and 16 others were injured after the bus they were on rolled five meters down a highway in Central Java on Sunday, according to local police. The crash took place in Pemalang Regency.....»»
Waikato Expressway near Rangiriri open following crash
The North bound lane on the Waikato expressway near Rangiriri is now open following a single vehicle crash earlier.ENDS Source: NZ Police.....»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
BSP’s ample dollar reserves to keep peso at bay – Nomura
The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»