rate hike - updates

Rappler's latest stories on rate hike

ARTICLE FINDER

The week in photos: June 2-8, 2018

Jun 09, 2018 - 11:52 AM

This week's selection of photo highlights here and around the world

INDEPENDENCE DAY DISPLAY. Mall goers in Rizal on June 8, 2018, look on the 120 miniature jeepneys arranged to form a Philippine Flag in celebration of the country's 117th Independence Day. Photo by Inoue Jaena/Rappler

PH economy reverts to hot money outflows of $545 million in February

Mar 15, 2018 - 9:35 PM

The Bangko Sentral ng Pilipinas attributes the net outflows to investor concerns over the possibility of a US Federal Reserve rate hike

Philippine stocks, peso down on another U.S. Fed hike

Jun 15, 2017 - 8:45 PM

The US Federal Reserve s decision to raise the benchmark interest rate for the 2nd time this year is the primary market mover on Thursday June 15

ANTICIPATED. The US Federal Reserve's decision to raise interest rates for the second time this year is a move widely expected by economists and investors. Rappler file photo

BSP likely to leave rates unchanged after another U.S. Fed hike

Mar 16, 2017 - 5:50 PM

An economist says the strategy to hike early on has allowed the BSP to stand pat in the face of 3 Fed rate hikes to date

WIDELY EXPECTED. BSP Governor Tetangco says the Fed rate hike is widely expected and already priced in. Screenshot from BSP Youtube page

PH peso nears P50 again

Dec 20, 2016 - 8:25 PM

This is its weakest level in over a decade or since closing at P50 12 to 1 on November 16 2006

WEAKEST. This was its weakest level in over a decade or since closing at P50.12 to $1 in Nov. 16, 2006. Rappler file photo

$607M worth of hot money flows out of PH in November

Dec 16, 2016 - 4:49 PM

November’s foreign portfolio investments tally is a reversal from the 60 million net inflow last month

How a Fed rate hike impacts the Philippine economy

Dec 15, 2016 - 12:18 PM

Economists agree that the Philippines may be in for some rough sailing but will ultimately weather the storm

HIT ON THE CHIN. For BPI's lead economist, the 25 basis points hike on December 14 already seems to be priced in.

Dominguez: Fed rate hike talks mainly caused peso depreciation

Nov 02, 2016 - 7:30 PM

On Wednesday November 2 the Philippine peso slightly strengthens against the US dollar as the greenback weakens on growing concerns over the US elections

Finance Secretary Carlos Dominguez III says that the country's growth momentum, coupled with low inflation rate, stable currency, and strong political leadership of the Duterte administration, has earnestly opened the doors for business with other nations. Photo by King Rodriguez/Presidential Photo

Clinton vs Trump, Duterte, vs Abu Sayyaf, Philippine peso drop | 12PM wRap

Sep 27, 2016 - 12:31 PM

Watch the 12PM wRap with Maria Ressa

Peso hits 7-year low vs US dollar

Sep 26, 2016 - 7:00 PM

The Philippine peso closes at P48 25 to 1 on Monday September 26 amid domestic and global uncertainty

1 dead, several injured in shooting at Ivory Coast protest

Jul 22, 2016 - 11:56 PM

A hospital source says about 10 injured people were taken to hospital while one succumbed to his gunshot wounds

Hague ruling won't affect PH, China credit ratings – Moody's

Jul 13, 2016 - 7:40 PM

We assess geopolitical strains as posing a very low risk of weighing on sovereign credit trends in China or the Philippines says Moody s senior vice president Marie Diron

POLICY PAPER. Pamphlets titled 'Facts and Policy; The China-Philippine Dispute in the South China Sea' and the policy paper on China's position on the ruling of an international tribunal on the South China Sea are seen beside a reporter during a press conference in Beijing, China on July 13. Photo by How Hwee Young/EPA

World Bank cuts 2016 global growth forecast to 2.4%

Jun 08, 2016 - 3:25 PM

Commodity exporting nations are particularly hit but expectations for the Philippines and East Asia stay the same

Analysts unsure if peso, market losses related to elections

Apr 27, 2016 - 7:50 PM

Could developments in the local political scene be the culprit? Some analysts note that external conditions have been affecting the peso and PSE too

PH 'hot money' hits net inflow of $482M in March

Apr 14, 2016 - 6:40 PM

March foreign net inflows rise dramatically from the 22M net outflow recorded last year

Oil slide, strong dollar drag Asian shares lower

Mar 24, 2016 - 7:05 PM

Crude oil posting its biggest loss in 6 weeks coupled with hints that the US Fed will raise interest rates in April contribute to a bad day for Asian markets

Chinese investors look at a screen showing stock movements at a stock brokerage house in Beijing, China, January 5, 2016. How Hwee Young/EPA

Election surveys, power hike probe, penguins in Antarctica | 12PM wRap

Feb 15, 2016 - 12:31 PM

Watch Rappler s 12PM newscast with Zak Yuson

ERC: Probe vs Meralco, gencos over 2013 rate hike a 'priority'

Feb 14, 2016 - 11:19 PM

The commission says a decision would hopefully be coming this year

Foreign direct investments inch up in October

Jan 12, 2016 - 3:03 PM

The latest figure reflects favorable investor sentiment but FDI inflows is still down from January October 2015

SUSTAINED. The net inflows are sustained amid uncertainties in the global financial markets brought about by the interest rate lift off in the US and the economic slowdown in China. File photo by Agence France-Presse

World Bank maintains PH 2016 growth forecast at 6.4%

Jan 07, 2016 - 4:13 PM

While unchanged the World Bank s forecast for the Philippines this year is below the government s growth target of 7 8

LOWER FORECAST. For 2015, the World Bank projects that the country grew by 5.8%, which is below the National Economic and Development Authority's full-year goal of 6%. File image from the World Bank website

BSP expects healthier BOP surplus in 2016

Dec 21, 2015 - 9:07 AM

This is despite recording a deficit of 141 million P6 67 billion due primarily to debt repayments in November

ON-COURSE. Despite falling back into a deficit in November, the country is still on track to fulfill its balance of payments surplus target of $2 billion for this year. File photo by Agence France-Presse

Despite US Fed decision, BSP keeps interest rates unchanged

Dec 17, 2015 - 6:58 PM

Gov t officials say there s no need to worry about the US Fed interest rate hike as the Philippines has sound macroeconomic fundamentals

UNCHANGED. The central bank’s Monetary Board has decided to keep interest rates steady amid the firm domestic demand conditions and benign inflation environment. File photo from BSP

The wRap Indonesia: Churches demolished, wildfire kills hikers

Oct 20, 2015 - 6:00 AM

Other stories include the state of the rupiah and updates on the raging forest fires

CHURCHES DESTROYED. A photo of the church destroyed in Aceh during riots on October 14. Photo by EPA

Rupiah steady, dollar broadly weakens after China data

Oct 19, 2015 - 2:42 PM

Global markets have rallied in October – following a massive sell off in the July September quarter – with emerging currencies the main beneficiaries as bets on a 2015 rise in US borrowing costs recede

The wRap Indonesia: Rail deal signed, biggest operation vs forest fires

Oct 19, 2015 - 6:00 AM

Other stories include an analysis on the effect of the China Indonesia rail deal on foreign investors and Typhoon Koppu lashing the Philippines

ITS A GO. This photo shows scale models of Chinese-made bullet trains. Bay Ismoyo/AFP

Asia markets rally, rupiah dips slightly as Fed rate rise seen delayed

Oct 16, 2015 - 12:43 PM

Speculation that Beijing will soon introduce more measures to stimulate the world s number two economy and key driver of world growth also provided an incentive to buy ahead of the release of growth data next week

Foto oleh AFP

Steve Forbes: Expect turbulence in the short term

Oct 13, 2015 - 8:02 AM

Misguided policies have stalled US growth but these are causing creative destruction that would lead to positive change says the Forbes Media chairman

Photo by Alecs Ongcal/ Rappler

The wRap Indonesia: Trial over alleged ISIS links, defense strategy

Oct 13, 2015 - 6:00 AM

Other stories include the US dollars gains against the rupiah and an analysis on President Joko Widodo s government s deal with Freeport McMoRan

AIDING ISIS? Seven Indonesian men are accused of alleged ISIS links. File photo by AFP.

Dollar advances against Indonesia rupiah

Oct 12, 2015 - 12:57 PM

The dollar claws back some of last week s losses against emerging market currencies after a top Federal Reserve official raised the prospect of a 2015 interest rate hike

PH peso pierces back to P45:$1 level

Oct 09, 2015 - 8:04 PM

PH peso closes at P45 87 to 1 October 9 the first time in nearly 2 months since the yuan devaluation and imminent US Fed interest rate hike

The Philippne peso on Friday, October 9 gained 24 centavos and pierced the P45 to $1 level. Stitched images from Shutterstock

Trade deal, easy monetary policy boost Asian stocks

Oct 06, 2015 - 12:57 PM

Analysts say the Trans Pacific Partnership deal would boost stocks in the region adding to an already upbeat mood among investors

DEAL. The Trans-Pacific Partnership will see the easing of a number of barriers, including Japan's closeted farm sector and the US car market. Japan's Prime Minister Shinzo Abe (left, seen here with US President Barack Obama) expresses hope that China would join at some point. File photo by EPA / Pete Marovich

ING Bank forecasts 6% PH GDP growth in Q3

Oct 05, 2015 - 8:45 PM

The Manila office of the Dutch financial institution says the growth accelerates on the back of increased government spending for the first 8 months of 2015

GROWTH. The Manila office of the Dutch financial institution says the third quarter growth accelerates on the back of increased government spending for the first 8 months of 2015. Image from ING Bank Flicker account

World Bank again cuts PH growth forecast for 2015

Oct 05, 2015 - 3:22 PM

The latest projection of 5 8 this year takes into account risks from the slow global economic recovery rising interest rates China’s slowdown and El Niño

UPDATING. World Bank representatives explain its latest Philippine growth projections in the wider context of the region at the launch of its latest report entitled: East Asia Pacific Economic Update, October 2015: Staying the Course. Photo By Chris Schnabel / Rappler

China, US rate hike loom over global finance summit

Oct 02, 2015 - 8:02 PM

The prospect of rising US interest rates and China’s slowdown are contributing to uncertainty and higher market volatility the IMF chief says

BE CONCERNED. "There has been a sharp deceleration in the growth of global trade. And the rapid drop in commodity prices is posing problems for resource-based economies," says International Monetary Fund chief Christine Lagarde. File photo by EPA / Jim Lo Scalzo

PH peso to remain strong after Fed holds rates

Sep 19, 2015 - 12:31 PM

The Philippine peso is expected to remain strong throughout the year economists say Thanks to OFW remittances BPOs and tourism

STRONGEST IN A MONTH. The Friday finish is the Philippine peso's best showing in a month, just after the US Central Bank played hard to get and decided to put off the increase in interest rates later this year. Photo by Katherine Visconti

April rate hike awaits Meralco customers

Apr 08, 2015 - 3:40 PM

As earlier warned the rate hike is inevitable due to the ongoing Malampaya maintenance shutdown

DOF verifies Maynilad’s P3.44B claim

Mar 13, 2015 - 6:15 PM

The Metropolitan Waterworks and Sewerage System maintains that Maynilad would not incur losses as it is allowed to recover its investments for the rest of the concession period

Pay us P3.44B, Maynilad asks gov’t

Mar 11, 2015 - 2:04 PM

The claims will continue to rise as long as the MWSS refuses to implement the rate hike Maynilad says

SC told: DOTC has no authority to push train fare hike

Mar 03, 2015 - 1:49 PM

Petitioners say the DOTC failed to coordinate with the Land Transportation Franchising and Regulatory Board when it announced fare hikes for the LRT and MRT

'UNJUSTIFIED.' Militant groups rally outside the MRT3 North Avenue station in Quezon City on Monday, January 5, to protest the recent implementation of the fare hike for the train systems in metro Manila. Photo by Ben Nabong/Rappler

Mamasapano probe, MILF to return weapons, Obama delays Ukraine arms | The wRap

Feb 10, 2015 - 7:57 PM

Senator Alan Cayetano links the MILF to terrorist groups Rebel group vows to return the weapons of 44 cops Obama holds off supplying weapons to Ukraine

Maynilad willing to hike rate in tranches

Jan 06, 2015 - 6:57 PM

The company says it is willing to hike the basic charge in equal tranches for a 3 year period to minimize impact on its customers

Effective January: New electric bill for renewable energy

Jan 05, 2015 - 7:51 AM

Consumers will pay an additional P0 406 kWh in electricity rates representing the feed in tariff allowance as mandated by the Renewable Energy Act of 2008

NAPOCOR seeks power rate hike

Dec 30, 2014 - 4:25 PM

The state run power firm has filed an application with the Energy Regulatory Commission requesting a rate increase for recovery cost adjustments

Stop new electric billing for renewable energy, SC asked

Dec 25, 2014 - 8:55 AM

The P0 040 kWh additional uniform charge violates consumer rights as it bills consumers payment for power that has yet to be generated a lawyer says

MPIC losing over P2B potential revenues

Nov 25, 2014 - 10:49 PM

The Toll Regulatory Board has yet to act on their petition for a toll rate increase pending for years now

Metro Pacific eyes P5B NLEX expansion

Nov 10, 2014 - 7:26 PM

The tollways arm of the infrastructure firm also files a petition for toll rate hike which is ‘long overdue’

Meralco hikes rates in August

Aug 08, 2014 - 3:55 PM

Households with a monthly average consumption of 200 kWh should expect a P62 increase in their bill

RATE HIKE. People arrive at the office of Meralco, the country's largest power distributor, to make payments. File photo by Agence France-Presse / JAY DIRECTO

#TalkThursday: Meralco's rate hike and rollback

Mar 15, 2014 - 12:07 PM

Rappler talks to Larry Fernandez the Head of Utility Economics for Meralco on the power distributor s rate hike and roll back

What Meralco's rate hike tells us about the power sector

Mar 13, 2014 - 9:42 PM

The record high increase in Meralco s charges last December is caused by a combination of problems that have plagued the Philippine power sector

Meralco to refund payments for 'deferred' rate hike

Mar 05, 2014 - 11:19 AM

Meralco says it will refund customers who paid the amount representing the deferred amount reflected in their February bills

REFUND. Meralco will refund those who paid the deferred amount of their power bills. Photo by AFP