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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.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
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)......»»
Bicol hot air balloon fest malapit na!
Magandang araw muli, mga kababayan kong Bicolano! Sadyang kaybilis ng panahon dahil Abril na ngayon. Isang buwan na lang at parating na ang pinananabikan nating Bicol Loco Festival! The post Bicol hot air balloon fest malapit na! first appeared on Abante......»»
Proactive on Sports Development
It’s time for stakeholders to discuss how Catanduanes delegates can improve their standing in the Palarong Bicol. Catanduanes has long been known to lag behind in every Bicol Meet, contrary to the previous years when it was often praised by sports officials in the region for its outstanding performance. One strategy employed by DepEd in […] The post Proactive on Sports Development appeared first on Bicol Peryodiko......»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Mandaue City logs highest inflation rate
Mandaue City logs highest inflation rate.....»»
CMIP, TESDA-NCR forge technical education partnership
Concepcion Midea Inc. Philippines has partnered with the Technical Education and Skills Development Authority - NCR to enhance technical education......»»
Natakot sa LTO 32,000 DELINQUENT VEHICLE OWNERS NAGPAREHISTRO NA
BUNGA nang mahigpit na kampanya ng Land Transportation Office (LTO) laban sa unregistered vehicles na tumatakbo sa mga lansangan,mahigit sa 32,000 may-ari na ng mga delikwenteng sasakyan at motorsiklo ang nagparehistro ng kanilang mga sasakyan sa LTO – National Capital Region (NCR) mula Enero 1 hanggang 23, 2024. Sulat ni LTO-NCR Regional Director Roque ….....»»
556 E-bike crashes recorded in NCR in 2023 — LTFRB
According to data of the Land Transportation Franchising and Regulatory Board, the e-bike crashes in the National Capital Region (NCR) resulted in 281 instances of property damage, 273 non-fatal injuries and two fatal injuries. .....»»
BFP-NCR plans to modernize Manila’s American-era fire stations
The Bureau of Fire Protection-National Capital Region (BFP-NCR) is planning to modernize fire stations in Manila that were built during the time the United States occupied the country......»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
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......»»
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.....»»
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.....»»
BSP urged: Ensure out-of-the-woods inflation before cutting interest rates
Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»
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......»»
PSA-7: Report to us if PhilSys ID not accepted
CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) urged Philippine Identification System (PhilSys) ID holders to report to the agency if some entities do not accept their IDs. PSA-7 chief administrative officer of Edwina Carriaga told CDN Digital in a phone interview that the agency is urging PhilSys ID (National ID).....»»
Median age for marriage among PH women is 28, says PSA
CEBU CITY, Philippines — The median age for marriage in the Philippines falls between ages 28 to 30, according to the latest data posted by the Philippine Statistics Authority (PSA). The PSA said, as per Vital Statistics, that the median age for marriage in the Philippines among women in 2022 was 28 years old. For.....»»
PSA turns over 2022 CBMS PSA-funded to 5th and 6th class municipalities in Southern Leyte
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 08) and its Provincial Statistical Office (PSO) -Southern Leyte, turned over 100 percent of the 2022 Community-Based Monitoring System (2022 CBMS) results to the 5th and 6th class Local Government Units of Southern Leyte......»»