BSP eyes February inflation at 8.5 pct – 9.3 pct
The Bangko Sentral ng Pilipinas (BSP) forecasts February 2023 inflation rate at range of 8.5 to 9.3 percent, citing the upside risks from higher prices of cooking gas.
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Author: Remar Latoza
Estante laments restos’ failure to serve free potable water
Councilor Ely Estante has called out some food establishments in Iloilo City that do not provide free potable service water to their customers.
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MOA for construction of 10K housing units in Iloilo City signed
The Iloilo City Government signed a memorandum of agreement with Department of Human Settlement and Urban Development (DHSUD) and Home Development Mutual Fund or Pag-IBIG for the implementation of the housing development program.
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BDO net income reaches P57.1B in 2022
BDO Unibank, Inc.’s (BDO) net income increased to P57.1 billion for the full year 2022 versus P42.8 billion in 2021, driven by robust growth across its core businesses. This led to Return on Average Common Equity (ROCE) of 13.0% for the year improving to 15.3% for the fourth quarter, from 10.5% in 2021 and 12.8% in pre-COVID pandemic 2019.
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Iloilo City power rates continue to drop
Consumers in Iloilo City have been enjoying lower electricity bills for three months in a row.
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