Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.
LONDON, United Kingdom — European and Asian stock markets were flat to slightly lower Tuesday on the eve of key US inflation data that could have a huge bearing on the extent of US interest rate cuts this year.
The British Chamber of Commerce Philippines looks forward to the passage of the Anti-Agricultural Economic Sabotage Act to further assist on inflation and food supply–echoing the government’s prioritization of imposing stringent measures to protect the local farmers and consumers.
PH: While we had the OceanaGold PH [OGP 12.50, down 6.2%; 100% avgVol] IPO yesterday, the biggest waves will be made on Thursday when the Bangko Sentral ng Pilipinas (BSP) meets to evaluate our interest rate situation. The Union Bank [UBP 34.60, down 6.0%; 83% avgVol] stock rights offer period will also start on ThursdayInternational: The only datapoint that I’m following for this week is the US April inflation report, which we should get early Thursday morning.
TWO of the country's biggest labor federations criticized Labor Secretary Bienvenido Laguesma's position that salary increases should be left to the regional wage boards to decide to balance the interests of employers and workers better.
HONG KONG, China — Equities fluctuated Monday as traders took a breather after the past weeks' healthy run as they absorbed weak Chinese data and reports that the United States planned to ramp up tariffs on clean energy products from the Asian country.
MANILA, Philippines — Due to the continuing rise in inflation rates, the Department of Social Welfare and Development (DSWD) is pushing for an adjustment in the cash grants given to beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps).
THE stock market ended lower week on week following a mixed performance since Monday, with the benchmark index nearing the support level of 6,400 after declining for the second day in a row, with the peso likewise losing against the greenback on Friday.
MANILA, Philippines — Halos kalahati lang ang P610/araw na Metro Manila minimum wage ng sahod na kakailanganin para "mabuhay nang disente" ang pamilyang may limang miyembro sa rehiyon, ayon sa isang economic think tank.