
BSP hikes rates anew amid MidEast inflation risks
The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read

The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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The Metropolitan Manila Development Authority (MMDA) is expanding the Pasig River Ferry Service to meet growing commuter demand and strengthen the region’s…
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The Metropolitan Manila Development Authority (MMDA) is expanding the Pasig River Ferry Service (PRFS), citing growing commuter demand and its role as a…
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The upcoming El Niño season and its potential impact on food prices pose additional risks to inflation on top of the ongoing energy shock, according to Bank of…
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A Fil-Chinese merchant, the sort who moves decent volume and keeps a modest cushion in the family safe, found himself in the middle of a medical nightmare.
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According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
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‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
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The Department of Transportation and the Metro Rail Transit (MRT)Line 3 will provide free rides to all passengers on 12 June in celebration of the country’s…
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The deceleration was largely driven by slower growth in transport costs, which rose 16.2 percent in May compared to 21.4 percent a month earlier; lower…
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The bellwether index and local currency both rebounded on Friday, with the Philippine Stock Exchange Index (PSEi) closing at 5,938.38, up 26.45 points or 0.45…
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‘The government’s Unified Package for Livelihoods, Industry, Food, and Transport launched last March “provides targeted assistance to sectors affected by…
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The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
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The Philippine Charity Sweepstakes Office (PCSO) has turned over two patient transport vehicles and specialized medical equipment worth P26.5 million to the…
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‘It did not happen in the recent past. The last time we experienced double-digit inflation was in 2008. This time, we have found ways to mitigate El Niño.’
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The Philippine Statistics Authority (PSA) on Wednesday warned that the developing Super El Niño phenomenon could put additional pressure on food prices and…
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The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday ordered the suspension of 20 passenger buses and cargo trucks owned by three…
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