Latest news with #DitasBLopez
Bloomberg
22-07-2025
- Climate
- Bloomberg
Philippines Braces for More Heavy Rain After Six People Killed
By and Ditas B Lopez Save Philippine authorities on Tuesday warned of continued strong rains this week that have killed six people, cut power in some areas and forced thousands to evacuate in the capital and nearby provinces. Monsoon rains and a tropical storm have combined to pour the equivalent of a month's worth of rain in just four days, Manila's weather bureau said, submerging many cities and displacing more than 17,000 individuals.
Bloomberg
18-07-2025
- Business
- Bloomberg
Philippines Eyes US Trade Deal as Marcos Set to Meet Trump
By and Ditas B Lopez Updated on Save The Philippines hopes to secure a trade agreement with the US when President Ferdinand Marcos Jr. discusses a planned US tariff during his meeting with President Donald Trump in Washington, according to a Manila official. Marcos will also seek to bolster US-Philippine security ties during his July 20-22 visit, Foreign Affairs Assistant Secretary for American Affairs Raquel Solano said at a briefing on Friday.
Bloomberg
13-02-2025
- Business
- Bloomberg
Philippine Central Bank Keeps Key Rate Steady in Surprise Pause
By and Ditas B Lopez Save The Philippine central bank unexpectedly kept the benchmark interest rate unchanged on Thursday, pausing a nascent easing cycle even after economic growth missed target and as inflation stayed within target. The Bangko Sentral ng Pilipinas maintained its target reverse repurchase rate at 5.75% on Thursday, a move seen by only one of 29 economists in a Bloomberg News survey.
