
Regulator cuts rates on small loans
The effective interest rate on unsecured loans of up to P10,000 will drop to 12 percent per month from 15 percent today.
· 2 min read
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The effective interest rate on unsecured loans of up to P10,000 will drop to 12 percent per month from 15 percent today.
· 2 min read
The reverse repurchase rate, now at 4.5 percent, is expected to revive economic activity a bit ‘at a time when painful governance issues around infrastructure…
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Just in time for the celebrations, the Manila Electric Company (Meralco) brings good news to its customers with the announcement of lower power rates for…
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DTI is giving us a picture of what is in store at the table for Christmas; Roque is telling us the true status of the economy.
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Consumers are set to get some financial relief this month as electricity prices decline.
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The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the…
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World stock markets gave a mixed picture, with sentiment underpinned by hopes for sustained US central bank rate cuts, but nagging inflationary worries…
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‘This is evidence that our interventions are working. We will continue to do our part at the Department of Finance to ensure that our policies keep both food…
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Minutes from the Fed’s most recent meeting showed many officials expect a further uptick in underlying goods inflation as President Donald Trump’s tariffs bite.
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Inflation for the country’s bottom 30 percent of income households eased again in November, offering relief to low-income families whose budgets are dominated…
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Among the poorest 30 percent of households, deflation was at 0.2 percent, following a 0.4 percent drop in October and far below the 2.9 percent inflation…
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Executive Secretary Ralph Recto on Friday said the Philippine economy is positioned for stronger performance in 2026 as inflation continues to ease and the…
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This is the country’s lowest inflation print in three months, moving even below the Bangko Sentral ng Pilipinas’ 2 to 4 percent target range for the year.
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‘There’s a danger, in my view, that when we focus too much on very specific [numerical] outcomes, that it leads us to suboptimal outcomes.’
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In economic terms, the 13th-month pay expands your budget line and allows the employed folks to spend a little extra — at least temporarily.
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The Bangko Sentral ng Pilipinas (BSP) projects November inflation to settle within 1.1 to 1.9 percent, remaining below the central bank’s 2 to 4 percent target…
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ILOILO CITY — Western Visayas’ headline inflation climbed to 0.7 percent in October 2025, slightly higher than the 0.2 percent posted in September, but still…
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The rule on coins is meant only to ensure the efficient flow and recirculation of currency — not to deprive anyone of the right to pay or be paid.
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