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Inflation still top concern for Pinoys

Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

Should Small Business Owners Concern Themselves with Sporting Events?

Every year, big sporting events in the first quarter of every year like the recently concluded Super Bowl and the upcoming NBA All-Star Weekend, which is always a hit with the Filipino market, captivate audiences around the world. For entrepreneurs, however, the question remains: should you concern yourself with these major sporting events, or are […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

Marcos calls Chinese presence in Philippine Rise clear intrusion

Marcos called the presence of Chinese vessels in the Philippine Rise a “great concern” and “unnecessary.”.....»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Marcos declares April 10 a regular holiday in view of Eid’l Fitr

MANILA, Philippines — The Palace declared Eid’l Fitr, or the Feast of Ramadhan, on Wednesday next week (April 10) a holiday. The Palace released to the media Proclamation No. 514 that contained the declaration. “Now, therefore, I, Ferdinand R. Marcos Jr., President of the Philippines, by virtue of the powers vested in me by law,.....»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Jewel in the Palace continues story with Lee Young Ae reprising role after 20 years

"Dae Jang Geum," or more popularly known in the Philippines as "Jewel in the Palace," is set to continue the story of Jang Geum two decades since she became the first royal physician. .....»»

Category: entertainmentSource:  philstarRelated NewsJan 31st, 2024

A tale of ‘pork-barrel’ era

The first time I met Senator Jinggoy Estrada was while he was still mayor of San Juan City on June 30,1998 when he attended the inaugural of his father, former president Joseph Estrada. At that time, I was still a reporter covering Malacañang Palace. As it turned out, it was the first and last time I saw mayor Jinggoy inside the Palace grounds......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo

Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

BSP sinisipat 4.2% inflation noong Marso

Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty

Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 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

Climate shocks on inflation can last up to 4 years – BSP

Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippine inflation rises to 3.4 pct in February

MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Inflation up to 3.4% in February 2024

The overall inflation in the country rose to 3.4% in February according to the recent report of the Philippine Statistics Authority (PSA) on March 5, 2024. Main Driving Factors for the Rise: Food and Non-Alcoholic Beverages: Went up from 3.5% in January to 4.6% in February 2024. Transport: Saw a yearly increase of 1.2% in […].....»»

Category: newsSource:  metrocebuRelated NewsMar 6th, 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

Inflation likely eased below 3 percent in January

Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024