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BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Xinhua world economic news summary at 0900 GMT, April 12

SEOUL -- South Korea's employment kept rising last month due to a fast increase in elderly jobs, statistical office data showed Friday. The number of employed people aged 15 or older expanded 173,000 from a year earlier to 28,396,000 in March, according to Statistics Korea. It marked the lowest growth in over three years since February 2021, but the employment continued to grow thanks to higher elderly jo.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

China’s Xinjiang battles harshest cold spell in over 6 decades

State media say the milestone temperature in the Tuerhong township of Fuyun county was the lowest since records began in Xinjiang, surpassing a temperature of minus 51.5 C set on January 21, 1960.....»»

Category: newsSource:  rapplerRelated NewsFeb 19th, 2024

No interruptions in Metro Manila water supply, DENR exec says

There would be no water supply interruptions even if Angat Dam’s water level dips to its minimum operating level of 180 meters by mid-May, a Department of Environment and Natural Resources official said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

DavNor tourism dips; new Senate probe on power outages pressed

A GOVERNMENT agency has noted that the usual strong inflow of tourists in Davao del Norte still needs to be seen deep into the summer season......»»

Category: newsSource:  sunstarRelated NewsMay 2nd, 2024

Water supply drop eyed as Angat level dips further

The water level in Angat Dam is expected to drop to its minimum of 180 meters by the end of May, according to an official of the Metropolitan Waterworks and Sewerage System......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Baguio temperature dips as monsoon strengthens

The temperature in Baguio City went down to 13.4 degrees Celsius yesterday as the northeast monsoon or amihan strengthened, affecting most areas in Luzon including Metro Manila, according to state meteorologists......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Self-rated poverty dips, but hunger increases – poll

Although self-rated poverty slightly went down in the fourth quarter of 2023, a recent survey conducted by OCTA Research showed more Filipinos experiencing hunger......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

An isolation state of mind

It was April of 1998, a week before my birthday, when my wife Karen asked what my plans were for my birthday. I automatically replied “none really” since we had just moved to a tiny rental house. Karen replied by pointing out that it had been four years since my dad Louie Beltran died (1994) and I had not had a birthday party since......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Cebu Daily Newscast: Dad in Cebu City jailed for stealing a watch in a mall

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday April 29, 2024. Dad in Cebu City jailed for stealing a watch in a mall A jobless man, who wanted money to provide for his family of four, found himself in deeper trouble.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

Father shoots son dead for disrespecting mom in Cebu City

CEBU CITY, Philippines – He was only requested to turn off the lights of his hut, but his disrespectful response to his mother’s order ultimately led to his death. The fatal shooting of a 28-year-old jobless man by his own father in Barangay Lahug, Cebu City on Monday night allegedly stemmed from months of constant.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Fewer jobless Pinoys in January – DOLE

The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Jobless Filipinos balloon to 2.15 million in January 2024

The Philippine Statistics Authority reported that the number of unemployed persons ages 15 and above climbed to 2.15 million in January 2024, down from 1.6 million in December 2023. .....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

35 million jobless Filipinos

President Marcos Jr. has a new economic team......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Apple 2024 MacBook Air laptop reaches its lowest price ever, but for a limited time only

Amazon is currently offering an unbeatable deal on the latest 2024 MacBook Air Laptop, with the price now slashed to an all-time low of $989......»»

Category: newsSource:  thedailyguardianRelated NewsApr 28th, 2024

Remittances plummet to 9-month low in February

Money sent home by overseas Filipino workers went down to its lowest level in nine months in February amid global economic headwinds, data from the Bangko Sentral ng Pilipinasshowed......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024