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Cebu weather: Pagasa forecasts slightly to moderate conditions
CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»
Cebu temperatures to hit 40°C as scorching weather persists
CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
BSP keeps policy rates anew
By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Japan unexpectedly slips into recession, Germany now world’s third biggest economy
Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»
Fewer Pinoys see better quality of life – SWS poll
Despite a having a positive outlook for 2024, a smaller percentage of Filipinos expect to have a better quality of life this year, a survey conducted by Social Weather Stations showed......»»
Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian
January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»
What to consider when investing in condos in 2024
The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»
DMCI Holdings cautiously optimistic for 2024
The Consunji Group is taking a cautiously optimistic outlook for this year......»»
Region 8 posts 95.1 percent employment rate in 2022
Among provinces in the region, Samar posted the highest employment rate in Eastern Visayas at 97.4 percent......»»
Inflation rate in Cebu Province decelerates in April 2024
CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May 16. PSA Cebu’s Chief Statistical Specialist Melchor Bautista said the headline inflation slowed down in April 2024 mainly.....»»
Citi sees shallow rate cuts in 2024, 2025
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»
Philippines unemployment rate up to 3.9 pct in March
MANILA, May 8 (Xinhua) -- The unemployment rate in the Philippines increased to 3.9 percent in March from 3.5 percent in February, the Philippine Statistics Authority (PSA) said on Wednesday. PSA head Dennis Mapa said at a press conference that there were 2 million jobless Filipinos in March this year, higher than 1.8 million unemployed individuals in February. National Economic and Development Authority.....»»
PUVMP consolidation rate reaches 81% – LTFRB
An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»