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MANILAphclub, Philippines Power distributor Manila Electric Co. (Meralco) is increasing its electricity rate by P0.1048 per kilowatt hour in December, bringing the overall rate to P11.9617 per kWh from last months P11.8569 per kWh. The adjustment, w

Federal Reserve officials cut interest rates on Thursday, their second reduction of 2024 and the latest sign that policymakers believe that inflation is finally coming under control. The Fed’s move comes just days after America elected Donald J. Tru

Filipino consumers need to tighten their belts starting January next year as electricity rates are expected to rise after the Energy Regulatory Commission (ERC) allowed power generators to recover a total of P3.05 billion. The commission on Thursday

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Rafael Corrales, a real estate agent in Miami, recently showed houses to a young couple hoping to move from a rental into a home. They had been lured to the market after hearing that mortgage rates had come down. But when the couple went to get appr

The Philippine Stock Exchange Index (PSEi) is seen to reach 8100royal,000 level next year as projected cuts on interest rates might spark a buying spree in the local market, according to Unicapital Securities Inc. Wendy Estacio-Cruz, Unicapital head

A third interest rate cut and an easing pause are both on the table of the Bangko Sentral ng Pilipinas (BSP) in Decemberbarkadabet, although Governor Eli Remolona Jr. stressed that the central bank is still on easing mode. Were still in the easing c