Tag: may
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BSP may cut policy rate before Fed
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THE Bangko Sentral ng Pilipinas (BSP) can cut its policy rate before the US central bank despite a volatile peso, Governor Eli M. Remolona, Jr. said on Tuesday.
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BSP may start easing by Q4
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THE BANGKO SENTRAL ng Pilipinas (BSP) will likely begin easing by the fourth quarter when inflation is expected to have firmly settled within target, Metropolitan Bank & Trust Co. (Metrobank) said. “In line with the BSP’s guidance, we forecast domestic headline inflation to peak in July, which in turn would…
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May manufacturing growth slows
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FACTORY ACTIVITY in the Philippines expanded at a slower pace in May as employment fell for the first time in five months, S&P Global said on Monday.
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May inflation likely hit 4% — poll
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HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
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GDP growth may fall below target in 2024, 2025 — BSP
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PHILIPPINE economic growth may fall below the government’s target this year and in 2025, as high interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas (BSP) said. “The outlook on domestic economic activity remains intact, even as the economy is projected to operate slightly below potential. Economic growth could…
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Energy dep’t warns Luzon grid may experience red alerts until next week
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THE LUZON GRID could face red alerts until next week if the power plants that experienced forced outage or derated capacities fail to resume operations, the Department of Energy (DoE) said on Monday.
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Webinar – Geothermal in Ukraine; challenges and opportunities, 31 May 2024
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Join us for a webinar on the 31st of May with Geothermal Ukraine on Ukraine’s geothermal potential, as well the challenges and opportunities for wider use. The post Webinar – Geothermal in Ukraine; challenges and opportunities, 31 May 2024 first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Peso’s nonstop fall may stoke prices
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A PROLONGED depreciation of the Philippine peso could stoke inflation, though it could also benefit the economy by boosting export earnings, analysts said.
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Cebu Pacific may finalize aircraft order by June
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BUDGET CARRIER Cebu Pacific, operated by Cebu Air, Inc. is expected to announce its supplier for the airline’s $12-billion aircraft order by June, the company’s top official said on Wednesday. “[We have] not yet selected. We will make the announcement, I think, in the next couple of months. Maybe by…
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Webinar – Fault-controlled geothermal systems in NE Spain, 23 May 2024
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Registration is open for a webinar hosted by the AGA on fault-controlled geothermal systems with focus on a case study in the Catalan Region in Spain. The post Webinar – Fault-controlled geothermal systems in NE Spain, 23 May 2024 first appeared on ThinkGeoEnergy – Geothermal Energy News.