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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.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

Larry Summers warns that the war vs inflation might not be over

Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Marcos rejects calls for independent Mindanao after Duterte’s remarks

'The new call for a separate Mindanao is doomed to fail, for it is anchored on a false premise, not to mention a sheer constitutional travesty,' says President Ferdinand Marcos Jr......»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Oil prices headed for weekly gains as Israel rejects ceasefire offer

(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Military in North rejects CPP s calls for peace talks

The military stationed in the northern provinces rejected calls by the Communist Party of the Philippines to resume the stalled peace talks between the government and the National Democratic Front of the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Marcos assures fair treatment for Quiboloy, rejects conditions on surrender

“It seems to me a little bit tail wagging the dog that he is the one setting conditions to the government on his case, when is the accused and the subject of a warrant of arrest,” Marcos said partly in Filipino......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Marcos assures fair treatment for Quiboloy, rejects conditions on surrender

“It seems to me a little bit tail wagging the dog that he is the one setting conditions to the government on his case, when is the accused and the subject of a warrant of arrest,” Marcos said partly in Filipino......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Philippines rejects China’s claim of ‘repelling’ BFAR vessel in WPS

Commodore Jay Tarriela, spokesperson of the PCG for West Philippine Sea matters, called China's claim “inaccurate.”.....»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

DOTr conducts preliminary evaluation of NAIA bids

All bidders eyeing the contract to operate and maintain the Ninoy Aquino International Airport have submitted complete documents for their technical proposals, inching them closer to the final round of the selection process......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Marcos Jr. rejects traffic circular raising parking fines to P4K

A proposal to increase illegal parking fines in Metro Manila to P4,000 from P1,000 has been thumbed down by President Marcos......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Beijing denies its South China Sea deal with former Philippine leader Duterte was a secret

China rejects Philippine leader Ferdinand Marcos Jnrs claims that its gentlemans agreement with his predecessor Rodrigo Duterte was a secret and urges Manila to stick to its commitments on the disputed Second Thomas Shoal......»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

China rejects U.S., Japan, Philippines concern on South China Sea

BEIJING, April 18 (Xinhua) -- Relevant countries' groundless accusation and deliberate smears against China on the South China Sea issue are unacceptable, a Chinese foreign ministry spokesperson said on Thursday. Spokesperson Lin Jian made the remarks at a regular news briefing when asked to comment on a statement issued by the United States, Japan and the Philippines after their trilateral summit. The statement.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Gillian Anderson bids Sex Education goodbye with Golden Globes 2024 vagina-embroidered dress

British-American actress Gillian Anderson was quite the head-turner at the 2024 Golden Globes after wearing a dress with female reproductive parts embroidered all over it......»»

Category: entertainmentSource:  philstarRelated NewsJan 11th, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Meralco expects lower power rates for April

Energy utility provider Manila Electric Co. is anticipating a decrease in overall household electricity rates for April, bringing potential relief to its customers......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 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