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First rate cut likely 25 basis points - The Manila Times

MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Keep an Eye on Your Subscriptions

Subscriptions have become an ingrained part of everyone’s lives as digitalization moves forward. From streaming services, fitness apps, to meal kits, and software that people use everyday, these recurring charges offer convenience and access to a variety of services. However, the ease of signing up often leads to a subscription creep, which no one wants. […].....»»

Category: newsSource:  metrocebuRelated NewsApr 30th, 2024

Abalos allows PNP, BJMP, BFP to wear light uniforms

To ease the working conditions of uniformed personnel amid the rising heat index across the country, Department of the Interior and Local Government Secretary Benhur Abalos on Friday said police, fire and jail officers can wear light uniforms in the performance of their duties......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Villar supports Marcos Jr’s easing of agriculture importation

Sen. Cynthia Villar expressed support for President Marcos’ order to ease the process of importation, which could also help sell agricultural products at cheaper prices......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

DPWH fast-tracking Laguna road project

The government is rushing the completion of the Carmona-Biñan diversion road project to ease traffic in these areas in Laguna......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

DILG, PNP told: Intensify crackdown vs colorum PUVs

President Ferdinand Marcos Jr. has directed the Department of the Interior and Local Government and the Philippine National Police to intensify its crackdown on illegal public utility vehicles to ease traffic congestion in the nation’s capital. .....»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

Metro Manila LGUs to implement 7 a.m. to 4 p.m. working hours to ease traffic

The Metro Manila Council, through MMDA Resolution 24-08 Series of 2024, is now mandating all Metro Manila local government units to adjust their operating hours to an earlier time as an "innovative solution" against rush hour congestion......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Factory gate prices ease in February

Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

BSP urged: Ensure out-of-the-woods inflation before cutting interest rates

Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Cebu City sets 14 road opening, widening projects worth P3.8B

  CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Moody’s: Philippines highly exposed to food security risks

Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Marcos eyes ease of restrictions for Grab, TNVS operators

Marcos also said that the Singapore-based ride-sharing company contributed to the decrease in unemployment and the 1.1% increase in employment in the “past year and a half.”.....»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Cebu City eyes Bulacao to Talamban subway project

CEBU CITY, Philippines — The Cebu City government is planning to implement a subway project that will traverse Barangay Bulacao in the south to Talamban in north as a means to ease vehicular traffic here. But first, City Hall will have to secure the approval of the Department of Transportation (DOTr) that will determine its.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 31st, 2024

Hear ye, I will ease your burden, but when? (1st of 2 parts)

We often hear taxpayers (local and foreign alike) complain about how burdensome Philippine tax compliance is......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

PCO to launch Bagong Pilipinas digibox

As the Philippines switches from analog to digital terrestrial broadcasting this year, the Presidential Communications Office will launch the “Bagong Pilipinas” digibox to ease the transition for Filipinos who still have their analog televisions......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Biñan, Nueva Ecija stay perfect in Pilipinas Super League

Biñan and Nueva Ecija remained unstoppable forces in the PSL President Cup, beating their respective rivals with ease. But Quezon stole the thunder when it pulled off an exciting win over upstart Strong Group-College of St. Benilde......»»

Category: sportsSource:  philstarRelated NewsJan 17th, 2024

Remittances ease to $3 billion in November

Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024