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philippine

Philippine protesters trample on Xi effigy, condemn China’s maritime ‘aggression’

April 9, 2024
Philippine protesters trample on xi effigy, condemn china's maritime 'aggression' - photo licensed by shore news network.

MANILA (Reuters) – Protesters in Manila trampled on an effigy of Chinese President Xi Jinping on Tuesday as they condemned China’s “aggression” against the Philippines …

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Philippine central bank governor sees room for further rate hike

January 26, 2024January 26, 2024
Philippine central bank governor sees room for further rate hike - photo licensed by shore news network.

MANILA (Reuters) – The Philippines central bank was still hawkish with monetary policy and saw further room for an interest rate hike, with a cut …

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Philippine inflation at near 2-year low but rates likely to stay elevated

January 4, 2024
Philippine inflation at near 2-year low but rates likely to stay elevated - photo licensed by shore news network.

By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) – Philippine inflation slowed to its weakest in nearly two years in December but full-year readings …

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Philippine central bank says it’s not yet convinced about downward inflation trend

December 15, 2023December 15, 2023
Philippine central bank says it's not yet convinced about downward inflation trend - photo licensed by shore news network.

By Karen Lema and Neil Jerome Morales MANILA (Reuters) – The Philippine central bank needs more data to be convinced that the downward trend in …

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Philippine central bank done with rate hikes; first cut seen in Q3 2024, same as Fed

December 11, 2023December 11, 2023
Philippine central bank done with rate hikes; first cut seen in q3 2024, same as fed - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.50% for a second time on Thursday …

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Philippine quake aftershocks force thousands to stay in evacuation centres

December 4, 2023December 3, 2023
Philippine quake aftershocks force thousands to stay in evacuation centres - photo licensed by shore news network.

MANILA (Reuters) – Strong aftershocks from an earthquake that has killed at least three people and a new tremor in southern Philippines are forcing thousands …

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Magnitude 6.4 earthquake in Philippine Islands region –GFZ

December 3, 2023

(Reuters) – A magnitude 6.4 earthquake struck the Philippine Islands region on Sunday, the German Research Centre for Geosciences said. The quake was 10 km …

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Philippine central bank stays on hold, maintains hawkish tone

November 16, 2023
Philippine central bank stays on hold, maintains hawkish tone - photo licensed by shore news network.

By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) – The Philippine central bank kept its policy rate steady at 6.5% on Thursday, as expected, …

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Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll

November 13, 2023November 13, 2023
Philippine central bank likely to hold rates at 6. 5% on thurs, may hike again in dec: reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an …

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Philippine central bank to hold rates at 6.25%, cut in Q1 2024: Reuters poll

August 14, 2023

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.25% for a third consecutive …

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Texas Instruments plans up to $1 billion investment to expand Philippine facilities

August 10, 2023
Texas instruments plans up to $1 billion investment to expand philippine facilities - photo licensed by shore news network.

MANILA (Reuters) – Analog chipmaker Texas Instruments is planning to invest up to $1 billion to expand its Philippine facilities, the Southeast Asian nation’s presidential …

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Philippine leader says no promise made to China to remove grounded warship

August 9, 2023August 9, 2023
Philippine leader says no promise made to china to remove grounded warship - photo licensed by shore news network.

By Karen Lema and Neil Jerome Morales MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Wednesday denied making an agreement with China to remove …

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Philippine central bank ready to resume policy tightening if needed

July 24, 2023

MANILA (Reuters) – The Philippine central bank is prepared to resume tightening monetary policy given that inflation remains a challenge, central bank officials said on …

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Philippine central bank on hold for rest of year, cut in early 2024: Reuters poll

June 20, 2023
Philippine central bank on hold for rest of year, cut in early 2024: reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.25% for a second straight …

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US says Chinese coast guard harassing Philippine vessels

April 30, 2023
Us says chinese coast guard harassing philippine vessels - photo licensed by shore news network.

WASHINGTON (Reuters) -The United States urged China on Saturday to stop harassing Philippine vessels in the South China Sea, pledging to stand with the Philippines …

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Philippine central bank: April annual inflation likely in 6.3%-7.1% range

April 27, 2023

MANILA (Reuters) – Philippine annual inflation in April was expected to come in between 6.3% and 7.1%, with downward pressure from lower electricity rates and …

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U.S., Philippine forces sink mock enemy warship in their biggest war games yet

April 26, 2023
U. S. , philippine forces sink mock enemy warship in their biggest war games yet - photo licensed by shore news network.

By Karen Lema SAN ANTONIO, Philippines (Reuters) – U.S. and Philippine armed forces unleashed a volley of missiles on a mock enemy warship in the …

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Philippine central bank chief: ‘Dangerous’ to cut rates faster than Fed

April 25, 2023
Philippine central bank chief: 'dangerous' to cut rates faster than fed - photo licensed by shore news network.

MANILA (Reuters) – The Philippines’ central bank considers it “dangerous” to cut interest rates faster than a policy easing by the U.S. Federal Reserve, its …

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Philippine central bank signals pause in rate hikes in May

April 12, 2023
Philippine central bank signals pause in rate hikes in may - photo licensed by shore news network.

MANILA (Reuters) – The Philippines’ central bank could pause its interest rate- hiking cycle at its meeting next month due to easing inflation, its governor …

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High Philippine inflation dents Marcos’ approval ratings

April 12, 2023
High philippine inflation dents marcos' approval ratings - photo licensed by shore news network.

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr’s approval ratings edged lower due to public dissatisfaction over his government’s handling of inflation, but he remains …

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Philippine central bank may consider pausing rate rises if inflation slows

April 9, 2023
Philippine central bank may consider pausing rate rises if inflation slows - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank may consider pausing its monetary tightening next month if April inflation does not accelerate, the bank’s governor said …

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Philippine Finance Minister: central bank has “probably done enough” to tackle inflation

April 4, 2023
Philippine finance minister: central bank has "probably done enough" to tackle inflation - photo licensed by shore news network.

MANILA (Reuters) – The Bangko Sentral ng Pilipinas (BSP) has “probably done enough” to tackle inflation, the country’s finance secretary said on Tuesday, in comments …

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Philippine central bank: March annual inflation likely in 7.4%-8.2% range

March 30, 2023
Philippine central bank: march annual inflation likely in 7. 4%-8. 2% range - photo licensed by shore news network.

MANILA (Reuters) – Philippine annual inflation in March was expected to come in between 7.4% and 8.2%, with downward pressure seen from lower prices of …

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Philippine minister says pause in rate rises likely at next bank meeting

March 25, 2023
Philippine minister says pause in rate rises likely at next bank meeting - photo licensed by shore news network.

MANILA (Reuters) – Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the central bank was leaning towards a pause in interest rate …

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Philippine central bank to raise rates 25 bps in March, 6.50% peak seen in Q2 – Reuters Poll

March 20, 2023
Philippine central bank to raise rates 25 bps in march, 6. 50% peak seen in q2 - reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will hike its main interest rate by a modest 25 basis points on Thursday, followed …

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Philippine central bank revises 2023 current account projection

March 17, 2023
Philippine central bank revises 2023 current account projection - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank said on Friday it expects a current account deficit of $17.1 billion for 2023, equivalent to 4% of …

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Philippine central bank: local banking system remains safe and sound

March 16, 2023
Philippine central bank: local banking system remains safe and sound - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank said on Friday that the local banking system remains safe and sound, amid concerns over the potential for …

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Philippine stock market opens after delay due to technical issue

January 24, 2023
Philippine stock market opens after delay due to technical issue - photo licensed by shore news network.

MANILA (Reuters) – The Philippine stock market’s opening was delayed by half an hour on Wednesday because of a technical issue, the bourse operator said. …

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Philippine central bank sees Dec annual inflation at 7.8% to 8.6%

December 28, 2022
Philippine central bank sees dec annual inflation at 7. 8% to 8. 6% - photo licensed by shore news network.

MANILA (Reuters) – Philippine inflation was likely within the 7.8% to 8.6% range in December because of upward pressures from higher electricity rates and agricultural …

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Philippine central bank to back wealth fund after raising transparency concerns

December 15, 2022
Philippine central bank to back wealth fund after raising transparency concerns - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank on Thursday said it was backing the creation of a sovereign wealth fund being pushed by President Ferdinand …

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Philippine central bank may pause rate hikes in Q1 if no shocks

November 29, 2022
Philippine central bank may pause rate hikes in q1 if no shocks - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank may pause its interest rate hikes in the first quarter of next year if there are “no major …

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Philippine central bank to raise rates by 75 bps- Reuters poll

November 14, 2022
Philippine central bank to raise rates by 75 bps- reuters poll - photo licensed by shore news network.

By Shaloo Shrivastava BENGALURU (Reuters) – The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat …

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Philippine central bank governor sticks to 75 bps rate hike plan

November 11, 2022
Philippine central bank governor sticks to 75 bps rate hike plan - photo licensed by shore news network.

MANILA (Reuters) – Philippines central bank governor Felipe Medalla repeated on Friday he will vote to raise interest rates by 75 points at the monetary …

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Philippine govt to address supply bottlenecks to tame inflation – Finance Minister

November 4, 2022
Philippine govt to address supply bottlenecks to tame inflation - finance minister - photo licensed by shore news network.

MANILA (Reuters) – The Philippine government will help ensure inflation will be on target-consistent path over the medium term by addressing supply shocks and bottlenecks, …

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Elon Musk’s SpaceX partners with Philippine tycoon on satellite service

October 27, 2022
Elon musk's spacex partners with philippine tycoon on satellite service - photo licensed by shore news network.

MANILA (Reuters) – Billionaire Elon Musk’s Space Exploration Technologies Corp (SpaceX) is expanding into the Philippines by offering satellite broadband service to businesses and the …

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Philippine central bank says ready to manage market disruption as peso slumps

October 4, 2022
Philippine central bank says ready to manage market disruption as peso slumps - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank said on Tuesday it was taking steps to manage any disruption in the financial market, and urged participants …

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Philippine central bank says September annual inflation within 6.6% to 7.4% range

September 30, 2022
Philippine central bank says september annual inflation within 6. 6% to 7. 4% range - photo licensed by shore news network.

MANILA (Reuters) – The Philippine central bank on Friday said it expects the annual inflation rate for September to stay within the 6.6% to 7.4% …

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Philippine cbank hikes rates again, raises inflation forecast

September 22, 2022
Philippine cbank hikes rates again, raises inflation forecast - photo licensed by shore news network.

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point …

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Philippine central bank to continue supporting economic recovery despite rate hikes

August 2, 2022
Philippine central bank to continue supporting economic recovery despite rate hikes - photo licensed by shore news network.

MANILA – The Philippine central bank will continue supporting the economy’s recovery despite a planned 25 or 50 basis point rate hike this month, its …

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Philippine central bank chief sees 2023 inflation back within target band

July 28, 2022
Philippine central bank chief sees 2023 inflation back within target band - photo licensed by shore news network.

MANILA – The Philippine central bank expects inflation to ease back to within its 2%-4% target band next year, from a projected average of 5% …

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Philippine president visits quake-hit area as residents shelter outside

July 28, 2022
Philippine president visits quake-hit area as residents shelter outside - photo licensed by shore news network.

By Neil Jerome Morales and ADRIAN PORTUGAL BANGUED, Philippines -Philippines President Ferdinand Marcos promised on Thursday to help rebuild homes damaged by a powerful earthquake …

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Philippine central bank to use “full force” of measures to tackle inflation risks

July 27, 2022
Philippine central bank to use "full force" of measures to tackle inflation risks - photo licensed by shore news network.

MANILA – Philippine’s central bank is ready use the “full force of available measures” and take all necessary monetary policy actions to combat inflation, its …

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Philippine cbank ready to use available tools in inflation fight – governor

July 18, 2022
Philippine cbank ready to use available tools in inflation fight - governor - photo licensed by shore news network.

MANILA – The Philippine central bank is ready to use available tools to bring inflation back within the official 2%-4% target range, its governor said …

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Philippine inflation near 4-year high, cements prospect of more rate hikes

July 4, 2022
Philippine inflation near 4-year high, cements prospect of more rate hikes - photo licensed by shore news network.

By Enrico Dela Cruz and Karen Lema MANILA – Philippine inflation surged to the highest level in nearly four years in June, cementing expectations for …

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Philippine cenbank’s modest rate-hike stance lifts bearish bets on peso- Reuters poll

June 30, 2022
Philippine cenbank's modest rate-hike stance lifts bearish bets on peso- reuters poll - photo licensed by shore news network.

By Savyata Mishra (Reuters) – Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to …

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Incoming Philippine central bank governor not ruling out more rate hikes

June 29, 2022
Incoming philippine central bank governor not ruling out more rate hikes - photo licensed by shore news network.

MANILA – Incoming Philippine central bank governor Felipe Medalla said on Wednesday he was not ruling out further interest rate hikes to combat above-target inflation …

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Philippine banana growers plead for Japanese consumers to bear price hikes

June 8, 2022
Philippine banana growers plead for japanese consumers to bear price hikes - photo licensed by shore news network.

TOKYO – The Philippines on Wednesday appealed directly to consumers in its top export market Japan to pay higher prices for imported bananas to help …

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Incoming Philippine Finance Minister does not favour tax hikes to tackle debt

May 27, 2022
Incoming philippine finance minister does not favour tax hikes to tackle debt - photo licensed by shore news network.

MANILA – Philippine central bank governor Benjamin Diokno, who takes on a new role as finance secretary next month, said on Friday he does not …

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Exploiting Philippine minors through Facebook lands Texan in federal prison

May 25, 2022
Exploiting philippine minors through facebook lands texan in federal prison - photo licensed by shore news network.

BROWNSVILLE, Texas – A 47-year-old Harlingen man has been ordered to federal prison following his conviction of receiving child [censored]ography, announced U.S. Attorney Jennifer B. …

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Philippine central bank to kick off tightening cycle on May 19

May 16, 2022
Philippine central bank to kick off tightening cycle on may 19 - photo licensed by shore news network.

By Md Manzer Hussain BENGALURU – The Philippine central bank will kick off its tightening cycle on Thursday, much earlier than previously thought, joining peers …

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