Tag: Interest Rate

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Wall Street slips ahead of Fed Chair Powell speech

Markets Context.ph Context.ph -
Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.

Treasury bill rates slipped amid easing hopes

Banking & Insurance Context.ph Context.ph -
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP). 

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ERC approves higher refund for Meralco customers, may shorten payout period

Energy & Mining 0
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

Agriculture 0
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).

DigiPlus links ArenaPlus to global anti-match-fixing network

Corporate 0
DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.

Federal Land sees steady demand despite incertainty

Property 0
Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.

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