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Remittances up 3.6% in 2022, slowest full-year growth since 2020

REMITTANCES sent by overseas Filipinos may have grown due to the need of their families to cope with high inflation and be merry during the Christmas holidays in December, according to local experts. The Bangko Sentral ng Pilipinas (BSP) full-year 2022 cash remittances coursed through banks amounted to $32.54 billion,…
Saudi Arabia United States United Kingdom Michael Ricafort Bangko Sentral Ruben Carlo

Paraguay: ATOME Energy reports on Paraguay National Electricity Administration's London visit

AIM-listed ATOME Energy, the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large scale projects in Europe and South America as well as hydrogen mobility projects, notes the announcement by Paraguays National Electricity Administration (ANDE) concerning a top level visit to the UK which concluded last week.
United Kingdom United States City Of Tito Ocariz Andrew Bowie Peter Levine

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Economists split over level of BSP rate hike Â

Bank economists are divided on whether the Bangko Sentral ng Pilipinas is going for a softer 25-basis-point interest rate hike or maintain the aggressive 50-basis-point increase this week, as inflation blew past expectations to hit a fresh 14-year high of 8.7 percent in January from 8.1 percent in December.
Robert Dan Roces Bangko Sentral Alvin Arogo China Bank Lucio Tan Philippine National Bank Security Bank

Governor welcomes bill expanding power utility firm to 8 additional areas in Davao del Norte

DAVAO CITY – The filing of House Bill 6740 seeking to expand the franchise area of Aboitiz-owned Davao Light and Power Company (DLPC) to eight additional areas is a necessary piece of legislation. No less than Davao del Norte governor Edwin Jubahib issued the statement, saying this new effort to f
Davao City Island Garden City Of Samal Samal City San Isidro Eastern Samar Pagadian City
Source: mb.com.ph

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