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Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Philippines jobless rate drops to decades-low in December 2023

MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 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

South Cotabato, Sultan Kudarat, Maguindanao Sur stakeholders ink pledge to protect Marbel Buluan Watershed

KORONADAL CITY (MindaNews / 6 March)– After seven years, various stakeholders from the public and private sectors formalized their commitment Wednesday for the protection and preservation of the Marbel Buluan Watershed, a vital biodiversity area spanning 121,000 hectares in the provinces of South Cotabato, Sultan Kudarat and Maguindanao del Sur. Catholic Church leaders expressed their […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Agencies pledge P6.3B projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Agencies pledge P900M projects for Lapu-Lapu City at CDC

LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

House and Senate at an ‘impasse’ after senators take exception with loyalty pledge

Gonzales said on Tuesday that the House “(does) not want a word war” and had sought to “temper” the anger of lawmakers by way of a House resolution expressing their collective stance......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

FACT CHECK: No NATO pledge to defend PH in South China Sea

There are no announcements from the alliance about defending the Philippines, a non-NATO member, in its maritime disputes with China.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2024

Indonesia s pledge to reexamine Mary Jane Veloso s case welcomed

The Commission on Human Rights (CHR) welcomes Indonesian President Joko Widodo's commitment to reexamine the case if Mary Jane Veloso — an overseas Filipino worker in death row......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Magic beat Cavaliers 121-83 to cut their deficit to 2-1

Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

29 housing projects to cut backlog in CL

29 housing projects to cut backlog in CL.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Some developers cut through Chocolate Hills – DENR

Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!

NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Warrantless arrest on Jade Castro ‘baseless’ — FLAG chair

Diokno, who is also a law professor, said that the requisites for performing a warrantless arrest against Castro and the other accused are not met. .....»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Ralph Recto sworn in as new Secretary of Department of Finance

House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

EDITORIAL - Cabinet changes

Validating rumors that have been circulating since late last year, former Batangas congresswoman Vilma Santos-Recto confirmed yesterday that President Marcos is replacing Benjamin Diokno with her husband, House Deputy Speaker Ralph Recto as secretary of finance......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024