Tag: basis

  • Philippines considering use of surveillance aircraft

    MANILA, Jan 27 (Reuters) – The Philippines is considering a U.S. proposal to deploy surveillance aircraft on a temporary, rotating basis to enhance its ability to guard disputed areas in the South China Sea, the Philippine defence minister said on Friday. Two days of talks in Washington this week on security ties between the two […]

  • Philippines November Annual Inflation Rate

    MANILA, Dec 6 (Reuters) – The Philippines’ annual inflation rate slowed more than expected in November, and the central bank said on Tuesday it was willing to ease monetary policy early next year if the outlook for growth worsened. Some analysts are betting on cuts of as much as 50 basis points in interest rates […]

  • Philippine Government needs to step up spending

    MANILA, Dec 1 (Reuters) – Joint action by major central banks to avoid a global liquidity crunch should ease the burden on Philippines’ monetary policy, but the government still needs to step up spending to stimulate the domestic economy, the head of the central bank said. The risks to global growth, slowing domestic activity and […]

  • September US Non Farm Results

    US Nonfarm Payrolls jumped up to 103.000 in September, form the revised previous month’s result of 57.000, the US Department of Labor reported today. The result considerably exceeds forecasts of 73.000 growth. The change in total Nonfarm Payroll employment for July was also revised from 85.000 to 127.000. The US Unemployment Rate remained unchanged at […]