Remolona sees more rate cuts in Q4
The Philippine Star|September 26, 2024
There is a possibility of two 25-basis-point rate cuts in the final quarter of the year, as inflation is expected to ease further in September, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.
KEISHA TA-ASAN
Remolona sees more rate cuts in Q4

On the sidelines of a forum at the Asian Development Bank yesterday, Remolona said the Monetary Board could further ease policy this year by cutting 25 basis points each on Oct. 17 and Dec. 19.

"In theory, we have a policy meeting in October and December.

So, 25 basis points and 25 basis points that's possible, in principle," the BSP chief said.

هذه القصة مأخوذة من طبعة September 26, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 26, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE PHILIPPINE STAR مشاهدة الكل
The Philippine Star

DepEd: Teachers not required to teach over six hours

After months of clamor from teachers' groups, the Department of Education (DepEd) has ordered schools not to force educators to teach more than six hours, as stated under the Magna Carta for Public School Teachers.

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2 mins  |
September 30, 2024
The Philippine Star

Guo a Chinese spy? PAOCC seeks probe

The Presidential Anti- Organized Crime Commis- sion (PAOCC) called for an investigation into allega- tions that former Bamban mayor Alice Guo may be involved in Chinese es- pionage activities in the Philippines.

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1 min  |
September 30, 2024
The Philippine Star

Julian may become super typhoon; storm signals up

Tropical cyclone Julian further intensified into a typhoon yesterday afternoon, hours after it developed into a severe tropical storm, and may turn into a super typhoon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.

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3 mins  |
September 30, 2024
The Philippine Star

PNP chief reopens probe into ex-PCSO exec's murder

Philippine National Police chief Gen.Rommel Francisco Marbil yesterday ordered the immediate reopening of the investigation into the 2020 murder of former Philippine Charity Sweepstakes Office (PCSO) board secretary and retired PNP general Wesley Barayuga.

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5 mins  |
September 30, 2024
The Philippine Star

AFP: Chinese ships tail multilateral exercise in WPS

Chinese Navy vessels tailed the joint maritime exercises of the Philippines, Australia, Japan, New Zealand and the United States in the West Philippine Sea, the Armed Forces of the Philippines (AFP) said yesterday.

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1 min  |
September 30, 2024
The Philippine Star

'Marcos sees urgency in reviving ROTC'

President Marcos acknowledged the urgency for the revival of the Reserve Officers' Training Corps (ROTC), which is now one of the top priority measures to be passed by the Senate, Majority Leader Francis Tolentino said yesterday.

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1 min  |
September 30, 2024
The Philippine Star

Drilon: Marcos admin's 2025 Senate slate a 'hodgepodge'

Former Senate president Franklin Drilon lamented the weaknesses of the country's current political party system as evidenced by the Marcos administration's 2025 senatorial slate, which he described as a \"hodgepodge.

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1 min  |
September 30, 2024
The Philippine Star

House-OK'd OVP budget will still change – Escudero -

The P733-million proposed budget of the Office of the Vice President (OVP) for 2025, which has been approved by the House of Representatives, could still increase or decrease during senators' deliberations, according to Senate President Francis Escudero.

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2 mins  |
September 30, 2024
The Philippine Star

BBM declares special non-working days in 5 areas

President Marcos has issued proclamations declaring special non-working days in five areas in the country.

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1 min  |
September 30, 2024
The Philippine Star

Bello steps down as MECO chief

Manila Economic and Cultural Office (MECO) chairman Silvestre Bello III is stepping down from his post to be replaced by former Presidential Communications secretary Cheloy Garafil.

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1 min  |
September 30, 2024