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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. .....»»
Think tank: No change in BSP rates
The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»
Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian
U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»
January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%
Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»
Philippines, Vietnam ink 5-year rice supply deal
The Philippines signed on Tuesday a five-year deal with Vietnam to ensure steady supply of affordable rice to the country as global prices of the staple continue to surge......»»
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......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19
PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 19
PHNOM PENH -- A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a steady increase in bilateral trade and investment volumes has benefited both countries and peoples. Sok Siphana, a senior minister and chairman emeritus of the Board of Directors of the Asian Vision Institute, said 2024 is the year to implement the China-Cambo.....»»
What’s in store in ’24?
This year, 2024, appears to be a hopeful year that will enable our economy to break off from the problems of the pandemic years. According to a study by PIDS, the government think tank, growth will be steady in 2024......»»
Malixi slips to joint third
Rianne Malixi flourished in an early backside start but faltered with shaky putting in the last 12 holes, ending up with a 72 to fall by four behind a steady Nika Ito halfway through the Australian Master of the Amateurs Championship at the Southern Golf Club in Braeside City in Melbourne Wednesday......»»
PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP
Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»
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......»»
Fuel price rollback expected this week
MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»
Over 2 mln foreign tourists arrive in Philippines since January
MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»
A stable peso& food security
The past few weeks have been understandably dominated by the standoff between the Philippines and China in the West Philippine Sea......»»
P13.3 billion single biggest drug bust is peanuts
Police love to trumpet multibillion-peso drug busts. Example was last week’s P13.3-billion interdiction of shabu at a checkpoint in Batangas......»»
Boy Tapang binalaan ng BSP dahil sa saranggolang gawa sa P1K bill: Sorry po
PERSONAL na binalaan ng mga kinatawan ng Bangko Sentral ng Pilipinas (BSP) ang YouTuber na si “Boy Tapang” sa kanyang bahay kamakailan. Nag-viral kasi sa social media ang pagpapalipad ng content creator ng saranggola na gawa sa P1,000 peso bills. Mismong si Boy Tapang ang nag-post ng isang video sa kanyang socmed account para ipaalam.....»»
Officials seek inclusion of Boracay in peso bills
The Municipal Council of Malay, Aklan will come up with a resolution requesting the Bangko Sentral ng Pilipinas (BSP) to include the picture of Boracay Island in the new bank notes it is producing......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
‘Probe past NFA admins’ billion-peso palay sales’
Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»