Tag: jump
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Fastest in five months: Cash remittances jump by 3.6% in May — BSP
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MONEY SENT HOME by overseas Filipino workers (OFWs) rose by 3.6% in May, its fastest pace in five months, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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Gross borrowings jump by 77% in May
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THE NATIONAL GOVERNMENT’S (NG) gross borrowings surged in May amid a rise in external debt due to the dollar bond issuance, data from the Bureau of the Treasury (BTr) showed. The NG’s gross borrowings jumped by 76.7% to P259.334 billion in May from P146.783 billion in the same month a…
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June Meralco rates jump amid higher generation charge
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TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will have to pay higher electricity bills this month, even as the utility deferred the collection of a portion of generation costs. Meralco in a statement on Thursday said the overall rate will increase by P0.6436 per kilowatt-hour (kWh) to…