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Low interest rate, tax reform to attract...

(File photo) MANILA – The low interest rate environment in the Philippines and the continued approval of tax reform measures should remedy the outflow of foreign portfolio investment from the country, an economist from Rizal Commercial Banking Corp said on Friday. (RCBC). Data released Thursday by the Bangko Sentral ng Pilipinas (BSP) showed that registered […]

Residents Sound Alarm As Emerald Isle Wa...

EMERALD ISLAND – Some residents of Emerald Isle have complained about water bills that have doubled or tripled recently; meanwhile, the executive director of Bogue Banks Water Corp. said usage and availability necessitated pricing changes. In a statement responding to customer complaints, BBWC’s Seola Hill cited revenue needs that triggered a rate hike; increased costs […]

Chinese central bank to improve benchmar...

China’s central bank said on Monday it would make deposit-taking institutions (DRs) interbank repo rates a key benchmark for monetary policy adjustment and pricing in financial markets. Improving China’s benchmark interest rate system would help strengthen financial markets, deepen market-based interest rate reforms, and improve monetary policy management, People’s Bank said. of China (PBOC) in […]