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    BSP holds key rates steady amid inflation outlook and global uncertainty

    The Bangko Sentral ng Pilipinas (BSP) held steady its target reverse repurchase, or borrowing, rate at 5.75 percent at the monetary policy meeting Thursday and kept the interest rates on the overnight deposit and lending facilities unchanged at 5.25 percent and 6.25 percent, respectively. The decision comes as the central bank monitors the risks surrounding inflation and domestic growth amid heightened global policy uncertainty.

    Transportation Secretary Jaime J. Bautista resigns, cites health reasons

    Transportation Secretary Jaime J. Bautista announced his resignation on Thursday, citing health concerns after more than two years of service under the Marcos administration. His resignation, effective at the end of office hours on February 21, 2025, marks the conclusion of a tenure where he described his role as both challenging and enriching.

    NGCP rates push higher in January

    The National Grid Corporation of the Philippines (NGCP) on Wednesday announced a 2.03 percent increase in its wheeling rate for the January billing period, affecting consumers when they receive their February electricity bills.

    Pork MSRP seen as early as March

    The Department of Agriculture (DA) is considering implementing a maximum suggested retail price (MSRP) for pork as early as next month to address rising pork prices in the Philippines.

    Metro Manila power rates rise in February

    Metro Manila power rates rise in February

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    Lecture series strengthens Japan-Philippine ties through youth engagement

    Japanese Ambassador to the Philippines Endo Kazuya on Friday delivered a compelling lecture at Ateneo de Manila University as part of its “EmbLEM: Embassy Lectures, Encounters, and Masterclasses” series, reinforcing the strong and evolving bilateral ties between Japan and the Philippines.

    Maya launches ‘Paleng-Kita’ credit program empowering market vendors, transport drivers

    Maya, the country's top digital bank and fintech ecosystem, has unveiled Paleng-Kita, a new credit program aimed at providing micro and small business owners—particularly market vendors and public transport drivers—with access to fair, collateral-free loans.

    Lagonglong Port project completed, boosting Mindanao trade and jobs

    Aboitiz Construction announced Friday the completion of the Lagonglong Port in Misamis Oriental for AMADI MGT Terminals Inc., marking a major milestone in infrastructure development aimed at boosting Mindanao’s economic activity.

    NAIA to roll out new e-gates before Christmas to ease immigration processing

    The Department of Transportation (DOTr) announced on Friday that electronic gates (e-gates) will soon be installed at the Ninoy Aquino International Airport (NAIA) to expedite immigration processing and improve the overall travel experience for passengers.

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