Downward inflation augurs well for the Bangko Sentral ng Pilipinas' (BSP) monetary policy easing ahead of the US Federal Reserve, according to the think tank Capital Economics. In a Sept. 13 report, Capital Economics senior Asia economist Gareth Leather and assistant economist Harry Chambers noted...
Being the lead agency overseeing regional power utilities, the National Electrification Administration (NEA) urged the country’s electric cooperatives (ECs) to procure insurance cover for their critical assets – especially the facilities that are vulnerable to damage or technical glitches when...
By Derco Rosal As the Bangko Sentral ng Pilipinas (BSP) started to implement interest rate cuts, small business owners are feeling a wave of optimism. For entrepreneurs like Grace Sarmiento, who owns a hardware store in Cagayan, these changes could signify not just relief but also opportunity. The...
As inflation falls, the Bangko Sentral ng Pilipinas (BSP) will further lower key interest rates at its next monetary policy stance meeting in October, according to the think tank Capital Economics. "The past week has brought more encouraging news on inflation, with August data showing that...
Dutch financial giant ING expects the Bangko Sentral ng Pilipinas (BSP) to continue cutting interest rates, given favorable inflation expectations for August and beyond. "Even though there is no evidence yet that the July tariff cuts have had much impact on consumer rice prices, the absence of any...
Finance Secretary Ralph G. Recto stated on Wednesday, Aug. 7, that while the reduction of borrowing costs may still take place within the year, it is likely to happen later than August. During a press briefing at the Kapihan sa Manila Bay, Recto said that the decision to cut key policy rates by...
The Commission on Human Rights (CHR) started on Monday, July 29, its fact-finding inquiry into cases of red-tagging in the country in its efforts to push for legislative measures to address the issue. In a statement, the CHR said its inquiry is part of its conscious efforts to formulate mechanisms...
Education Secretary Sonny Angara on Monday, July 22, expressed openness to reviewing the existing Department of Education (DepEd) policy that removes “unnecessary” materials—such as visual aids and decorations—from classrooms to help learners focus on their teachers and lessons. A teacher...
Finance Secretary Ralph G. Recto said that inflation may have already reached its highest point, projecting a gradual decline in the rate of food price increases in the coming months. Recto stated that the continued moderation in inflation may lead the Bangko Sentral ng Pilipinas (BSP) to consider...
To guarantee that all players in the flourishing liquefied natural gas (LNG) industry of the country will all play by the same rules, the Department of Energy (DOE) has inked a ‘research study pact’ with the University of the Philippines (UP) on drawing up regulatory toolboxes and standards...
China has warned it would be "dangerous" to implicate its internal issue with Taiwan in its maritime dispute with the Philippines over the West Philippine Sea. In a statement, the Chinese Embassy in Manila said that "the Taiwan question is not and should never become an issue between China and...
President Marcos signed into law Republic Act 11984, or the “No Permit, No Exam Prohibition Act” that mandates all public and private schools to allow disadvantaged students with unpaid tuition and other school fees to their take periodic and final examinations without required permits....
