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Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Inflation halts 4-month decline

Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

PBBM idineklara July 17 bilang National CPR Day  

Idineklara ni Pangulong Ferdinand Marcos Jr. ang July 17 ng bawat taon bilang National Cardiopulmonary Resuscitation (CPR) Day, ayon sa Presidential Communications Office (PCO) nitong Sabado, Marso 30. The post PBBM idineklara July 17 bilang National CPR Day   first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

‘Ghostbusters: Frozen Empire’ registers ‘unique, impressive’ opening – analyst

"Ghostbusters: Frozen Empire" scared its way to the top of the North American box office, taking in an estimated $45.2 million (about P2.5 trillion) in what one analyst called a "unique and impressive opening” at the end of last month......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Interesting nuggets from AREIT’s analyst briefing

AREIT held an analyst briefing, and as these things usually go, the AREIT management team took questions from analysts at the end......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Philippines 10-year nuclear plan ‘too late,’ says climate analyst

The long-term nuclear plan outlined by the Department of Energy is “too long, too late” due to the climate emergency, a climate analyst said, suggesting instead the prioritization of building renewable energy facilities......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Sara on poll plans: Who knows what will happen?

Although widely expected, another shot at public office – possibly the presidency – by Vice President Sara Duterte is still in the realm of the unpredictable......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

T-bill rates rise on inflation recoil

The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

‘Invest to generate passive income’

Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Poll: Pinoys still most concerned with inflation

Seven in 10 Filipinos have identified inflation as among their most urgent national concerns, a recent survey conducted by Pulse Asia showed......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

No change in BSP rates

As widely expected, the Bangko Sentral ng Pilipinas kept interest rates unchanged at a 16-year high as monetary authorities are looking for a more sustained downward trend in inflation......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Trade gap expected to widen further

The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Analysts expect inflation at around 3.8% for March

A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

75% dissatisfied with government effort vs inflation – poll

Despite the easing inflation reported in recent months, three in every four Filipinos now say they are dissatisfied with the government’s efforts to control the rising cost of basic commodities, a recent survey conducted by the OCTA Research group showed......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Comelec: Contingency plans in place for 2025 poll machines

Amid lone bidder Miru Systems’ history of problematic vote counting machines abroad, the Commission on Elections gave assurance that contingency measures are in place to ensure the successful procurement of automated poll machines for the 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Marcos proclaims July 17 as National CPR Day

President Marcos has declared July 17 of every year as National Cardiopulmonary Resuscitation Day, citing the need to create awareness of the importance of knowing how to respond to health emergencies......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024