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Agencies’ budget usage rate improves to 70 percent

State agencies recorded a better spending rate at the start of the year as the government ramped up the release of its cash allocations to fund various projects......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Water bill to rise but no rate hike

Water bill to rise but no rate hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Lapu-Lapu posts 4th highest growth rate in ‘22

Lapu-Lapu posts 4th highest growth rate in ‘22.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

DCWD to implement 20% rate increase starting February

DAVAO CITY (MindaNews / 12 February)—The Davao City Water District (DCWD) has implemented a 20-percent increase in its rates effective this month, an official announced on Monday. Speaking during Kapehan sa Dabaw, DCWD spokesperson JC Duhaylungsod said that the water rate adjustment would be reflected in the bills of the consumers next month. She said […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

Cebu City’s inflation rate soars to 4.5% in January

Cebu City’s inflation rate soars to 4.5% in January.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Jobless rate declines to 3.1 percent in December

The country recorded its lowest unemployment rate in nearly two decades as more jobs were made available during the holiday season......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 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

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Mandaue’s crime rate down by 5 percent

Mandaue’s crime rate down by 5 percent.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

BSP sees room for further rate hike

After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Inflation Rate (IR) in Eastern Visayas drops to 2.4 percent in July 2023

The Inflation Rate (IR) in Eastern Visayas slowed down further to 2.4 percent in July 2023 from 3.3 percent in June 2023......»»

Category: newsSource:  samarnewsRelated NewsJan 26th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

DavNor posts lowest Dec 2023 inflation rate in Davao region

DavNor posts lowest Dec 2023 inflation rate in Davao region.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Philippine s population projected to reach around 138.67 mln by 2055

MANILA, Feb. 1 (Xinhua) -- The Philippine population is projected to reach 138.67 million by 2055, assuming that the total fertility rate (TFR) of 1.9 children per woman in 2021 will be sustained until 2055, according to a Philippine Statistics Authority (PSA) study released Wednesday night. The statistics agency based its projections on the 2020 census-based national population using three TFR scenarios. Total.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Philippine s population projected to reach around 138.67 mln by 2055

MANILA, Feb. 1 (Xinhua) -- The Philippine population is projected to reach 138.67 million by 2055, assuming that the total fertility rate (TFR) of 1.9 children per woman in 2021 will be sustained until 2055, according to a Philippine Statistics Authority (PSA) study released Wednesday night. The statistics agency based its projections on the 2020 census-based national population using three TFR scenarios. Total.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

DOLE assures workers of pay hike after wage review

Following President Marcos’ order for a review of minimum wage rates nationwide, the Department of Labor and Employment yesterday assured workers that pay hikes are coming soon......»»

Category: newsSource:  philstarRelated News10 hr. 1 min. ago