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Tag: general

More BSP rate cuts likely ahead, says Fitch unit

MANILA, Philippines – A solid cushion of foreign reserves and an anticipated easing action by the US Federal Reserve (Fed) this month could give the Bangko Sentral ng Pilipinas (BSP) room to front-load further rate cuts, supporting growth without putting too much pressure on the peso. In a note to clients, BMI Research, a unit

DOE: Full RE foreign ownership added 20 GW to Philippine power supply

MANILA, Philippines – The Philippines’ decision to open the renewable energy (RE) space to full foreign ownership has led to the installation of about 20 gigawatts (GW) of new power capacity, a government official said. Department of Energy (DOE) Undersecretary Rowena Cristina Guevara acknowledged the private sector’s role in helping the country hit its target

SEC warns public vs firm posing as agri goods trader

MANILA, Philippines – The Securities and Exchange Commission (SEC) has warned the public against investing in a newly established business allegedly posing as a farm goods service provider while soliciting investments from the public without the proper registration. It also warned against individuals introducing themselves as representatives of stock brokers. In an advisory posted last

PVL: Bella Belen takes in many lessons from loss to PLDT

MANILA, Philippines — In a One Sports’ Ask Me Anything session on Reddit eight months ago, Bella Belen gamely answered PLDT when asked which among the PVL clubs she fancies playing for if there was no rookie draft. Of course, Bellen ended up playing for Capital1, which drafted her first overall last June. On Monday,

Comelec eyes December ballot printing deadline for barangay, SK polls

MANILA, Philippines — The Commission on Elections (Comelec) is aiming to finish by December the printing of over 92 million ballots for the barangay and Sangguniang Kabataan(SK) election scheduled next year.   “Hopefully, we finish the [printing] including the verification by mid-December,” Comelec Chairperson George Erwin Garcia said in Filipino during the start of the printing

PVL: Choco Mucho locals get the job done with win over Cignal

MANILA, Philippines — Choco Mucho’s locals continued to step up without import Marlee Smith, turning back Cignal, 23-25, 25-19, 25-16, 27-25, in the PVL Reinforced Conference on Monday at Smart Araneta Coliseum. Smith missed another supposed debut as the team is still processing her papers. But the all-Filipino Flying Titans, led by Maddie Madayag, still