Tag: rates
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Central bank to cut rates by up to 150 bps — survey
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THE Bangko Sentral ng Pilipinas (BSP) could reduce rates by up to 150 basis points (bps) this year, its survey of private sector analysts showed, as inflation is likely to fall within the 2-4% target range. In the Monetary Policy Report for May 2024, the results of the BSP’s survey…
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Finance department says no plan to further raise sin tax rates
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THE DEPARTMENT of Finance (DoF) is not planning to raise taxes on “sin” products but is closely looking into the mounting tax losses due to illegal importation of cigarettes. “We will not impose any hike except for the existing [rates,]” Finance Undersecretary and Chief Economist Domini S. Velasquez said at…
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Recto expects BSP to keep rates steady amid weak peso
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LATEST INFLATION DATA and the recent peso performance will likely prompt the central bank to extend its policy pause, Finance Secretary Ralph G. Recto said. “We’ll take a look at the data. So far, the way I see it, unless something changes between now and then, I think (it will…
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Meralco rates up in May
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RESIDENTIAL CUSTOMERS in areas served by Manila Electric Co. (Meralco) will see higher electricity bills this month due to the increase in generation charge.
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The rise in reported maternal mortality rates in the US is largely due to a change in measurement
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Maternal mortality rates appear to have risen in the last 20 years in the US. But this reflects a change in measurement rather than an actual rise in mortality.<br><br><a href="https://ourworldindata.org/rise-us-maternal-mortality-rates-measurement" target="_blank"><img src="https://ourworldindata.org/images/published/maternal-mortality-checkbox-thumbnail.png"/></a>
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BSP expected to keep rates steady
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THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to extend its policy pause for a fifth straight meeting this week as inflation risks remain.
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BSP has leeway to keep rates steady
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THE BANGKO SENTRAL ng Pilipinas (BSP) still has room to extend its policy pause even as inflation is expected to have picked up further last month, its top official said.
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Marcos calls for review of wage rates
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PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday ordered regional wage boards to review minimum wage rates, as Filipino workers face stagnant salary growth despite rising living costs.
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Renewables and New Low-Carbon Tech Most at Risk from Rising Interest Rates; Need for Policy Intervention Stressed
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The latest report from Wood Mackenzie, titled ‘Conflicts of interest: the cost of investing in the energy transition in a high interest-rate era,’ highlights the significant challenges facing renewable energy […] The post Renewables and New Low-Carbon Tech Most at Risk from Rising Interest Rates; Need for Policy Intervention Stressed…