General

Comelec readies poll raps vs. Bamban Mayor Guo

MANILA: The Commission on Elections (Comelec) said Monday it is now preparing to file election offense cases against suspended Bamban, Tarlac Mayor Alice Guo.

In an interview, Comelec chairperson George Erwin Garcia said he would talk to their Law De…

General

UPLB experts to help NegOcc contain armyworm infestation

BACOLOD CITY: Experts from the National Crop Protection Center of University of the Philippines-Los BaƱos (NCPC-UPLB) will be in Negros Occidental this week to help farmers contain the fall armyworm infestation in at least nine local government units….

General

PSEi down on profit taking, peso moves sideways

MANILA: The local stock barometer declined on Monday due to profit taking, while the peso moved sideways.

The Philippine Stock Exchange index (PSEi) shed 13.14 points to 6,398.77 while the broader All Shares also declined by 7.19 points to 3,479.47.
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BMI sees BSP cutting rates by 50 basis points in 2024

MANILA: Fitch Solutions unit BMI said the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) will likely lower key interest rates by 50 basis points (bps) by October this year.

In a report on Monday, BMI said the BSP will only start to redu…