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‘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......»»
Davao Light pushes for paperless billing
The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»
Meralco rates up this month
Household consumers should expect higher electricity bills this month as energy utility provider Manila Electric Co. increased rates by P0.4621 per kilowatt hour, to P11.4139 per kWh from P10.9518 per kWh last month......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
T-bills upsized to P17 billion on lower rates
The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the inflation data release later this week......»»
Higher power rates in Baguio, Benguet this month
Electricity bills in this city and Benguet will increase this month......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
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......»»
BSP seen to keep rates unchanged
The Bangko Sentral ng Pilipinas is likely to leave rates unchanged anew this week as it remains on a hawkish stance despite easing inflation......»»
PhilHealth defends contribution rates
Defending its current contribution rates, the Philippine Health Insurance Corp. yesterday said PhilHealth’s existing premium contribution rates are based on what is mandated by law......»»
US Federal Reserve holds rates steady
The US Federal Reserve decided to keep rates the same for the sixth straight time, and more importantly, gave no indication as to when it might “pivot” and begin to cut interest rates......»»
Power rates down by P0.37/kWh for Feb-Mar billing
High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»
Power rates expected to rise because of El Niño
DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»
Swift passage of anti-piracy bills urged
An advocacy group is appealing to the government to expedite the passage of anti-online piracy bills due to the reported economic losses and crimes that piracy brings......»»
Approval of anti-online piracy bills sought
A citizens’ rights group has renewed its calls for the Senate to expedite the passage of anti-online piracy bills, saying that each day of delay translates into significant tangible and intangible losses for the creatives industry while scammers get richer with each victim......»»
Senate hearing on bills vs online piracy slated next week
The Senate Trade and Industry Committee will tackle on April 23 two bills on amending the Intellectual Property Code of the Philippines to enable online site blocking and safeguard intellectual property rights......»»
Mandaue Councilor to MCWD: Allow consumers to pay water bills on staggered basis
MANDAUE CITY, Cebu – A Mandaue City Councilor is urging the Metropolitan Cebu Water District (MCWD) to allow city residents to pay on a staggered basis their bills for the months of March and April. Councilor Jennifer Del Mar, chairperson of the committee on Disaster Risk Reduction Management, said that doing so would lighten the.....»»
DOST seeks Mindanaoans’ support for priority S& T bills
THE Department of Science and Technology (DOST), in a consultative forum, recently sought support from the scientific and legislative communities in Mindanao for the passage of five priority scientific bills......»»
Senate to prioritize LEDAC bills, not Cha-cha
The Senate would rather prioritize bills listed in the Legislative-Executive Development Advisory Council than rush the passage of the proposed measure to amend the 1987 Constitution – at least based on the chamber’s agenda and schedule for the last week of session.....»»