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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......»»
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 […].....»»
Government agrees to restore interest deductions
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»
Marina 7 to review ‘high’ Bantayan fare rates
Marina 7 to review ‘high’ Bantayan fare rates.....»»
World Bank downgrades Philippine GDP projections for 2024 and 2025
The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
BSP urged: Ensure out-of-the-woods inflation before cutting interest rates
Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»
Strong GDP expansion gives BSP room to further hike rates
he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»
BSP seen to start rate cuts in August
The Bangko Sentral ng Pilipinas could start slashing interest rates in August this year until the first quarter of 2025 after keeping key rates elevated for a longer period of time, Nomura Global Markets Research said......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
Lovi Poe joins Hollywood movie Bad Man with Seann William Scott, Rob Riggle
Production has finished on the Hollywood indie film "Bad Man," which features Filipino actress Lovi Poe in the cast......»»
Bank lending picks up pace in January
Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»
Economy grew by 5.6% in 2023
The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»
Bond issuances decline by 53 percent in 2023
Government and corporate bond issues tumbled by more than half last year amid a challenging environment including high interest rates......»»
‘Exposing China’s bad behavior won’t lead to war’
It is “illogical” and “preposterous” to conclude that exposing China’s bad behavior in the West Philippine Sea would lead to World War III, Commodore Jay Tarriela of the Philippine Coast Guard said yesterday......»»
Instead of breaking pencils to ward off bad luck, MSU-GenSan examinees donate them to IP school
GENERAL SANTOS CITY (MindaNews / 28 February) – The usual breaking of pencils after an examination did not happen to about a thousand examinees who took the recent qualifying examinations at the Mindanao State University (MSU) here. The traditional pencil-breaking practice was meant to ward off bad spells and bring good prospects to examinees, Mherzel […].....»»
Lovi Poe hiyang-hiya sa shooting ng Hollywood movie na ‘Bad Man’
NA-INTIMIDATE at inatake ng matinding hiya si Lovi Poe nang makaharap ang mga co-stars niya sa Hollywood indie movie na “Bad Man.” Talaga raw nakaramdam siya ng kakaibang nerbiyos sa unang araw ng shooting nila dahil nga first time niyang makakatrabaho ang international stars na pinanonood niya lang dati sa telebisyon at pelikula. Bida sa.....»»
Lovi Poe molugwa sa Hollywood indie film nga ‘Bad Man’
Usa ka buwan sukad siya nanamilit sa “FPJ’s Batang Quiapo,” proud kaayo nga gipahibaw sa aktres nga si Lovi Poe ang iyang pag-apil sa usa ka Hollywood independent film. Ang pelikula nga adunay title nga “Bad Man” pangulohan sa “American Pie” star nga si Seann William Scott. Makauban usab ni Lovi sila si Johnny Simmons (“The Perks.....»»
Lovi Poe tampok sa Hollywood indie film na ‘Bad Man’: ‘I can’t wait!’
ISANG buwan matapos magpaalam sa “FPJ’s Batang Quiapo,” proud na inanunsyo ng aktres na si Lovi Poe na kabilang siya sa isang upcoming Hollywood independent film! Pinamagatan itong “Bad Man” na pinagbibidahan ng “American Pie” star na si Seann William Scott. Makakasama rin ng aktres sina Johnny Simmons (“The Perks of Being a Wallflower”), Rob.....»»