PSEi rebounds 1.53% on bargain hunting, rate-cut hopes
The Philippine Stock Exchange index (PSEi) rebounded Thursday, closing at 6,487.53, up 1.53 percent, as investors returned to the market following recent…
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The Philippine Stock Exchange index (PSEi) rebounded Thursday, closing at 6,487.53, up 1.53 percent, as investors returned to the market following recent…
· 1 MIN READ
WASHINGTON, United States (AFP) — US President Donald Trump urged Cuba on Sunday to “make a deal” soon, pledging to cut off all oil and money flowing to the…
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Manila Electric Company (Meralco) is cutting electricity rates for the second consecutive month, lowering the overall cost for a typical household by P0.1637…
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Currently, the Philippines and Indonesia impose the highest VAT in the region at 12 percent, while Cambodia, Vietnam and Laos impose only 10 percent.
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From 12 percent, Senator Erwin Tulfo is pushing to reduce the value-added tax (VAT) to 10 percent, citing the rising inflation.
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MORE Power said the lower rates were driven mainly by reduced electricity demand, which increased supply margins and pushed down prices at the Wholesale…
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The BSP recorded a $225-million balance of payment surplus in November 2025, This was $48 million less than the $273 million posted the previous month.…
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In time for Christmas week, fuel prices are dropping starting this morning.
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Nothing unites the executive and the legislature like a shared scandal. Power loves company, especially when it is cheating.
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SM Investments Vice Chair Teresita Sy-Coson said, ‘Next year will not be so bad if we think more positively. We just have to do our work despite the political…
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‘For the first time since the FIT implementation began, the ERC has been able to set the FIT-All rate before the year it is meant to be applied.’
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Another session took place on the second day of the Bicameral Committee, which was livestreamed, calling Department of Public Works and Highways (DPWH)…
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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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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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Following the recent budget reduction in the Department of Public Works and Highways (DPWH), Senator JV Ejercito on Wednesday said there is a need to balance…
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A potential reserve requirement ratio (RRR) cut before the end of 2025 is not entirely off the table, according to Bangko Sentral ng Pilipinas (BSP) Governor…
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Analysts and traders expect the bank to plough ahead with a quarter percentage-point cut, lowering its key lending rate to between 3.75 percent and 4.00…
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Senator Sherwin Gatchalian on Wednesday raised concerns over a proposed P6.3-billion budget cut for the government’s emergency employment program, Tulong…
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