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Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Source: Manilanews ManilanewsCategory: News45 min. ago Related News

Xinhua Asia-Pacific news summary at 1600 GMT, May 16

HANOI -- Vietnam's Communist Party Central Committee on Thursday accepted the resignation of Truong Thi Mai, a member of the Political Bureau of the Communist Party of Vietnam Central Committee, upon her personal request, local media reported. The Politburo on Thursday also announced its decision to assign General Luong Cuong, Politburo member and director of the General Department of Politics of the Vietnam Peo.....»»

Source: Manilanews ManilanewsCategory: News45 min. ago Related News

China urges Philippines to settle maritime differences through negotiation

BEIJING, May 16 (Xinhua) -- China urges the Philippines to face the facts, honor its word, stop infringement and provocations at once and return to the right track of properly settling maritime differences through negotiation and consultation, Chinese foreign ministry spokesperson Wang Wenbin said on Thursday. Wang said that China has made its position clearly regarding the comments of Philippine senior official.....»»

Source: Manilanews ManilanewsCategory: News45 min. ago Related News

Community fishing

For the record, I am not a fish lover; however, I consider myself a lover of sea and sand......»»

Source: Philstar PhilstarCategory: News1 hr. 5 min. ago Related News

SC asked: Make Comelec fulfill vote-recount ruling

Comelec is breaking its promise to recount selected presidential and VP ballots in Election 2022......»»

Source: Philstar PhilstarCategory: News1 hr. 5 min. ago Related News

Enable the producers

After a long search, I have finally tapped into several online communities of solar power equipment providers and judging from what’s available, there is a reasonable amount of companies willing to provide goods and services nationwide......»»

Source: Philstar PhilstarCategory: News1 hr. 5 min. ago Related News

Spy vs spy

For the younger generations, Spy vs. Spy is a comic strip in Mad magazine about espionage activities between two stereotypical Cold War-era “Black” and “White” spies......»»

Source: Philstar PhilstarCategory: News1 hr. 5 min. ago Related News

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Source: Philstar PhilstarCategory: Finance3 hr. 5 min. ago Related News

More EVs to benefit from zero tariffs

More electric vehicles including e-motorcycles and e-bikes can enjoy lower tariffs until 2028 after the National Economic and Development Authority Board approved the expansion of the tariff coverage under Executive Order 12......»»

Source: Philstar PhilstarCategory: Finance3 hr. 5 min. ago Related News

Three-way battle looms for Laguindingan airport

The Aboitiz Group will possibly face two challengers to its P12.75-billion bid to rehabilitate and upgrade the Laguindingan Airport in Misamis Oriental......»»

Source: Philstar PhilstarCategory: Finance3 hr. 5 min. ago Related News

Foreign investment pledges plummet in Q1

Investment pledges from foreign firms approved by investment promotion agencies plunged by nearly 64 percent from January to March compared to last year’s level amid a stubbornly high inflation and steep borrowing costs......»»

Source: Philstar PhilstarCategory: Finance3 hr. 5 min. ago Related News

Cebu Daily Newscast: Consolacion, Cebu factory fire destroys P17.5M worth of property

Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know on Thursday, May 16. Consolacion, Cebu factory fire destroys P17.5M worth of property A fire razed a factory in Barangay Pulpogan in Consolacion town in northern Cebu on Wednesday, May 15, causing damages worth.....»»

Source: Inquirer InquirerCategory: News3 hr. 35 min. ago Related News

Mandaue City prepares for rainy season

MANDAUE CITY, Philippines — As part of their preparation for the rainy season, the Department of General Services and the Engineering Office of Mandaue City have started declogging drainages and manholes since last week. Mandaue City Mayor Jonas Cortes advised the barangays to help in declogging manholes and waterways in their respective areas while the.....»»

Source: Inquirer InquirerCategory: News3 hr. 35 min. ago Related News

Daily Gospel, May 17

This is the Daily Gospel for today, May 17, 2024, which is the Friday of the seventh week of Easter. READ MORE: Daily Gospel, May 16 Daily Gospel, May 15 Holy Gospel of Jesus Christ according to Saint John 21, 15-19. After Jesus had revealed himself to his disciples and eaten breakfast with them, he said.....»»

Source: Inquirer InquirerCategory: News3 hr. 35 min. ago Related News

Unconsolidated PUVs will be apprehended starting May 16 — LTFRB

MANILA, Philippines — Starting Thursday, May 16, unconsolidated public utility vehicles (PUVs) will be apprehended.  This is according to the Land Transportation Franchising and Regulatory Board (LTFRB). Documents of PUVs, which should be displayed on the dashboards or windshields of the vehicles, would be checked by the personnel of the Land Transportation Office, Metropolitan Manila.....»»

Source: Inquirer InquirerCategory: News3 hr. 35 min. ago Related News

The pros and cons of biking  

CEBU CITY, Philippines–Cycling or biking remains one of the most popular outdoor sports for many Cebuanos up to this day. From being an alternative means of transportation and, at the same time, a hyped up sport during the Covid-19 pandemic, cycling eventually became a mainstay in Cebu’s vibrant sports scene.  Every weekend, Cebuanos get to.....»»

Source: Inquirer InquirerCategory: News3 hr. 35 min. ago Related News

Lassy Marquez nagluluksa sa pagkamatay ng ama

PUMANAW na ang ama ng komedyante at isa sa hosts ng “It’s Showtime” na si Lassy Marquez. Ngayong araw, May 16, ibinahagi ng komedtante ang malungkot na balita sa kanyang Facebook account. Kalakip ng post ni Lassy ay ang kanyang pagyakap sa ama habang nakahiga ito sa hospital bed. “Paalam DADA ko. [crying and broken.....»»

Source: Inquirer InquirerCategory: News4 hr. 45 min. ago Related News

3 cops sacked over illegal gambling

Two policemen in Negros Occidental and another in Aklan have been relieved from their posts for allegedly receiving protection money from financiers of illegal gambling......»»

Source: Philstar PhilstarCategory: News5 hr. 35 min. ago Related News

P1.24 million shabu seized in Ormoc, Ilocos Sur

Anti-narcotics agents seized shabu with an estimated street value of P1.24 million in Ormoc City and Santa, Ilocos Sur on Wednesday......»»

Source: Philstar PhilstarCategory: News5 hr. 35 min. ago Related News

P1.24 million shabu seized in Ormoc, Ilocos Sur

Anti-narcotics agents seized shabu with an estimated street value of P1.24 million in Ormoc City and Santa, Ilocos Sur on Wednesday......»»

Source: Philstar PhilstarCategory: News5 hr. 35 min. ago Related News