Philippine central bank still has room to ease — Remolona
Buildings are seen from Mandaluyong City, Aug. 17, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINE central bank still has room to continue cutting interest rates, its top official said.“At this point, I can tell
BSP eyes ‘subscription’ model instead of zero transaction fees
DAVID DVORACEK-UNSPLASHTHE BANGKO SENTRAL ng Pilipinas (BSP) is studying the possibility of implementing a “subscription” model for small electronic fund transfers such as e-wallet payments to replace transaction fees.“Because of what we call network externalities, there should be a subscription
Filipino engineers gearing up for nuclear-powered future
FREEPIKBy Sheldeen Joy Talavera, ReporterWHILE the Philippines is advancing in conventional and renewable energy development, some power companies are also preparing for the country’s nuclear energy future by developing local expertise. Kenneth S. Tulagan, a 29-year-old distribution engineer at Manila
Meralco sees lower generation charge for January
THE GENERATION CHARGE usually makes up more than 50% of the monthly electricity bill. — PHILIPPINE STAR/JESSE BUSTOSPOWER distributor Manila Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the January billing cycle due
Higher LRT-1 fares likely by April
LRT-1 CAVITE Extension Phase 1 — ARJAY L. BALINBINBy Ashley Erika O. Jose, ReporterCOMMUTERS will likely pay higher fares on the Light Rail Transit Line 1 (LRT-1) by April as the Transportation department is expected to decide on the private