BSP takes 6% policy rate slash
Overall inflation last month dropped to 1.9 percent from 3.3 percent in August as rice prices slid to 5.7 percent from 14.7 percent
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Overall inflation last month dropped to 1.9 percent from 3.3 percent in August as rice prices slid to 5.7 percent from 14.7 percent
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JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the…
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CATARMAN, Northern Samar — The dream of connecting the island municipality of Laoang to the mainland has received a green light after the government signed a…
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‘Your trust and cooperation have been indispensable to the sustained robust economic growth of the city, paving the way to better services and benefits for all…
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Ayala-owned Bank of the Philippine Islands (BPI) on Thursday said it has already received approval from the Bangko Sentral ng Pilipinas (BSP) to sell back…
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Makati has been recognized by the Department of Finance (DOF) as the leading city for fiscal autonomy, achieving the highest per capita spending for fiscal…
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The first project is the Samar Pacific Coastal Road II which costs P6.34 billion to be funded by the Export-Import Bank of Korea-Economic Development…
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The country’s gross international reserves (GIR) increased to $112 billion as of September, the highest so far, according to the Bangko Sentral ng Pilipinas…
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Claims on residents decreased by 10 percent from 11.4 percent, reflecting lower claims on households and firms at 11.9 percent from 12 percent as banks…
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An independent view and the professionalization of the board are gaining importance, which also helps in managing the equitable treatment of all stakeholders…
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‘The September level marked the end of BSP’s battle to lower inflation; with an even better inflation outlook on the horizon, the possibility of BSP’s cutting…
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National statistics also showed a slower decline in prices of clothing, shoes, home equipment, restaurants, communication, education, hygiene products and…
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While acknowledging that some unprogrammed appropriations are necessary for unforeseen expenses, he cautioned against moving crucial projects into this category
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A few days after President Ferdinand Marcos Jr. unveiled the administration’s Senate slate for the 2025 midterm elections, a survey revealed that 10 of the 12…
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The decline would most likely be due to cheaper prices of food, including rice, meat and vegetables. Rice prices have already dropped to 14.7 percent in August…
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The August level is still among the best in more than two years, largely brought about by the first local policy rate cut in nearly four years
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‘Paleng-QR Ph Plus aims to promote digital payments in markets, public transportation, and other business establishments through QR Ph, the national standard…
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Consumers said they expect higher wages, more income sources and opportunities for permanent jobs, and more family members to work this year.
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