Shares down amid dimming US rate cut hopes
The stock market fell in the red for a second straight session following negative cues from the US markets overnight......»»
Cuts in bank reserves unlikely soon – BSP
The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»
Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
Investors reconsider May rate cut expectations amid robust US inflation figures
Title: “Exclusive Offer: Subscribe to the FT Print Edition for Only $199 and Gain Access to Unparalleled Expertise” In today’s fast-paced digital age, where news.....»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
BSP’s monetary board retains policy rate at 6.5%
This has been the fifth time the MB kept the interest rate since its off-cycle policy rate hike in October 2023 to mitigate supply-side inflation pressures......»»
Eastern Visayas posts 5.1 percent unemployment rate in July 2023
Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»
Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
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. .....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Ayala Corp. impacted by Mitsubishi’s discount stake sale
Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»
‘Save Poro’s trees’: Parish church widens calls vs tree-cutting
CEBU CITY, Philippines — The parish church in Poro town, Camotes Island, in northern Cebu is not giving up on its fight to save hundreds of trees from being chopped down. The Sto. Niño de Poro Parish expanded its online petition, aimed at convincing the government not to cut down over 700 trees for road.....»»
Poro parish church urges gov’t: Don’t chop down our trees
CEBU CITY, Philippines – A parish church in Poro, Camotes Island in northern Cebu wants to save dozens of decades-old trees that stand in the way of road widening projects there. The Sto. Niño de Poro Parish launched an online petition to convince the government to reconsider their decision to cut down over 500 trees.....»»
Ateneo pushes through with car park renovation project amid backlash
Ateneo's top official says only mahogany and gmelina trees will be cut down to make way for the car park's renovation, and they will be replaced by native trees in non-buildable areas of the campus.....»»
Derrick Monasterio hopes to promote G! LU in It s Showtime
Kapuso actor Derrick Monasterio hopes that noontime show "It's Showtime" will let them promote their new movie "G! LU.".....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»