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LWUA firm on intervention as MCWD water leakage increases
CEBU CITY, Philippines –The battle over authority continues in the Metropolitan Cebu Water District (MCWD) as the Local Water Utilities Administration (LWUA) stands firm in its decision on the six-month intervention, despite the status quo stance. The LWUA expressed confusion as to why the incumbent MCWD board would not honor the partial intervention, clarifying that.....»»
Gilas sans JMF vs Hong Kong
Gilas will play an 11-man lineup against Hong Kong in the FIBA Asia Cup qualifying window at the Tsuen Wan Sports Centre on Thursday with June Mar Fajardo sitting out to recover from a partial tear in his left calf......»»
Moscow lifts Ecuador banana ban
The restrictions were imposed after a dangerous pest that carries cholera was found in shipments of the fruit Russia has lifted its partial ban on imports of bananas from Ecuador, the Russian food safety watchdog Rosselkhoznadzor announced on Friday. "We authorize these five Ecuadorian c.....»»
Meralco expects lower power rates for April
Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»
Meralco expects lower power rates for April
Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»
T-bill rates ease ahead of Fed meet
Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Residential electricity rates up by P0.19/kWh for Jan-Feb billing.....»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
BSP leaves interest rates unchanged
The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»
PAGCOR cuts e-game rates to encourage more investments
State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
No change in BSP rates
As widely expected, the Bangko Sentral ng Pilipinas kept interest rates unchanged at a 16-year high as monetary authorities are looking for a more sustained downward trend in inflation......»»
‘Higher interest rates are here to stay’
The Bangko Sentral ng Pilipinas is likely to hold on to higher rates for a little longer, moving in lockstep with the US Federal Reserve and the rest of the central banks globally......»»
‘Volatile inflation to keep rates steady’
Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
NAPOCOR seeks approval of higher subsidized rates
The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
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......»»
Power rates slightly inch up in January — Meralco
Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»