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T-bill rates up across the board
Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»
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......»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
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 […].....»»
Local execs told: Embark on projects with long-term benefits
With the midterm elections just over a year ahead, President Marcos is reminding local executives to embark on ambitious projects with long-term benefits for constituents and which are insulated from changes in leadership......»»
T-bond rates up slightly
The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»
Padawan settles for 7th place in DATBI Invitational kegfest
CEBU CITY, Philippines — Cebuano bowler Aui Padawan wrapped up his mixed masters campaign in the 19th Dagupan Association of Tenpin Bowlers, Inc. (DATBI) Invitational Open Championships at seventh place last weekend in Dagupan City. Padawan, who plays for the Sugbuanon Bowlers United (SUGBU), finished seventh overall among 31 other competitors in the coveted mixed.....»»
Mixed adjustments in pump prices expected during first week of April
Oil companies are anticipated to introduce mixed adjustments in pump prices during the first week of April......»»
Mixed adjustments on fuel today
Separate advisories from oil companies announced mixed price adjustments on fuel products effective today......»»
Mixed movements in fuel prices set on March 5
Motorists should expect mixed movements in pump prices this week......»»
SUGBU’s Buyco rules KBA-CDO invitational kegfest’s mixed open masters
CEBU CITY, Philippines — GJ Buyco of the Sugbuanon Bowlers United (SUGBU) was crowned the mixed open masters champion in the recently concluded 2nd Kagayhaan Bowlers Association (KBA)-Cagayan de Oro Invitational Classic 2024 held at the SM Bowling Center in SM City CDO. Buyco defeated the heavily-favored top qualifier Gene Mendoza of the KBA in.....»»
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......»»
Mixed movement at the pumps seen next week
Local oil companies are expected to implement a mixed movement in pump prices next week......»»
Folayang gives Zamboanga tips for upcoming ONE title fight vs Stamp
Filipino mixed martial arts legend Eduard Folayang stressed that Denice Zamboanga should work on her wrestling and grappling skills ahead of her fight against Stamp Fairtex......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»