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‘Inflation likely to dip below 3% in May’

DECLINING rice prices could cause the country’s inflation to decelerate further and settle at 2.8 percent in May, an ING Bank economist said on Tuesday. In a statement, economist Nicholas…READ The post ‘Inflation likely to dip below 3% in May’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 29th, 2019

Low inflation rate due to Pres. Du30

Wing news is that inflation in the Philippines slowed to a 16-month low of 3.0 percent in April on lower food prices as the government implemented a law easing restrictions on rice imports to avoid the supply shortage that spiked consumer prices last year......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2019

Inflation again settles within target at 3% in April 2019

MANILA, Philippines (3rd UPDATE) – Inflation in April slowed down further to 3%, comfortably within target, the Philippine Statistics Authority (PSA) announced on Tuesday, May 7. The PSA said the downtrend was due to slower increases in food and non-alcoholic beverages at 3%. Rice prices, for instance, decelerated to ........»»

Category: newsSource:  rapplerRelated NewsMay 7th, 2019

BSP: Inflation in April likely below 3%

Inflation likely fell below three percent in April, the first time in 16 months due to declining rice prices as well as the continued strengthening of the peso, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2019

Inflation could have eased further in April — central bank

THE OVERALL INCREASE in prices of widely used goods could have eased for the sixth straight month to a 20-month low in April as a continued decline in rice prices and the peso’s appreciation offset upward pressures from higher fuel and electricity costs, the Bangko Sentral ng Pilipinas (BSP) Department of Economic Research (DER) said in a statement to journalists on Tuesday......»»

Category: newsSource:  bworldonlineRelated NewsApr 30th, 2019

Comment on Rice tariffication to temper inflation by Why I m Voting (part 2): Our farmers deserve better - The Defiant

[…] Rice Tariffication Law was conjured to address the worsening inflation in the country, policymakers argued that by making cheaper rice available to Filipino consumers […].....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2019

December could see even faster inflation

THE GENERAL rise in prices of widely used goods could have picked up by its fastest pace in two years this month, the central bank said on Friday, citing higher prices of oil products, rice and electricity, as well as the peso’s continued weakness .....»»

Category: newsSource:  bworldonlineRelated NewsDec 23rd, 2016

Aug. inflation tipped at 1.6%-2.4% on price pressures

INFLATION likely settled between 1.6% and 2.4% in August, staying close to the low end of the central bank’s target range as a cut in electricity rates offset higher costs of oil and rice, the Bangko Sentral ng Pilipinas (BSP) said......»»

Category: newsSource:  bworldonlineRelated NewsAug 28th, 2016

July inflation could pick up further

INFLATION could pick up further this month, close to the lower end of the government's target range for the entire year, as higher power and rice prices likely pulled up the cost of widely-used goods, the Bangko Sentral ng Pilipinas (BSP) said yesterday......»»

Category: newsSource:  bworldonlineRelated NewsJul 26th, 2016

Jodi Sta. Maria as new Darna? Actress shares ‘near-Darna’ experience as possessed woman Clarita

According to her, wearing a harness hurts because your body’s weight is concentrated on the hip area......»»

Category: newsSource:  philstarRelated News2 hr. 22 min. ago

Palicte braces for world title battle vs Ioka

MANILA, Philippines – Aston Palicte may appear tall and big for a super flyweight, but he can still easily make weight. The pride of Bago City weighed 116 pounds or just a pound over the limit on Sunday, June 16, as he braces for his battle with Japanese Kazuto Ioka for ........»»

Category: newsSource:  rapplerRelated News12 hr. 22 min. ago

Analysts’ expectations on monetary policy action

THE Bangko Sentral ng Pilipinas (BSP) will likely keep benchmark rates steady at its review this week, with policy makers preferring to ensure that inflation maintains its downward trend, analysts said in a BusinessWorld poll. Read the full story......»»

Category: newsSource:  bworldonlineRelated News16 hr. 48 min. ago

BSP likely to keep policy rates steady this week

THE Bangko Sentral ng Pilipinas (BSP) will likely keep benchmark rates steady at its review this week, with policy makers preferring to ensure that inflation maintains its downward trend, analysts said in a BusinessWorld poll......»»

Category: newsSource:  bworldonlineRelated News16 hr. 48 min. ago

Rules for distributing RCEF farm mechanization funds due soon

THE Philippine Center for Postharvest Development and Mechanization (PhilMech) said it will finalize after a key meeting this week the guidelines for funding the farm mechanization component of the Rice Competitiveness Enhancement Fund (RCEF)......»»

Category: newsSource:  bworldonlineRelated NewsJun 16th, 2019

More municipalities to benefit from rice liberalization

Approximately 1,200 municipalities in the country are expected to reap the benefits of rice liberalization as the government finalizes the guidelines for the farm mechanization component under the rice competitiveness enhancement Fund (RCEF)......»»

Category: financeSource:  philstarRelated NewsJun 16th, 2019

Huawei pushes back Mate X release date

MANILA, Philippines – Huawei has pushed back the launch of its foldable device, the Mate X, from June to September, following the postponed release of its rival device, the Samsung Galaxy Fold. A Huawei spokesperson told CNBC on Friday that the company was more ........»»

Category: newsSource:  rapplerRelated NewsJun 16th, 2019

BSP seen cutting rates this week

The Bangko Sentral ng Pilipinas (BSP) is expected to slash policy rates in its meeting on June 20 despite an uptick in inflation in May, London-based Capital Economics said over the weekend......»»

Category: financeSource:  philstarRelated NewsJun 16th, 2019

Duterte urges NPA anew to return to the fold of law

President Duterte has urged members of the New People’s Army (NPA) to return to the fold of the law as he assured them that the government is ready to provide them with shelter, jobs and livelihood......»»

Category: newsSource:  philstarRelated NewsJun 15th, 2019

Philippines nears record high 3-million MT rice imports

The Philippines is set to reach record-high rice imports this year at three million metric tons, already nearing China’s requirements amid a new regime for Filipinos’ main staple......»»

Category: financeSource:  philstarRelated NewsJun 13th, 2019

Late eagle nets Jaraula a 65, lead share

With two of Del Monte’s revered names in the fold, Reymon Jaraula thought of putting up a solid effort that would merit at least a second look from legend Frankie Miñoza and reigning Philippine Open champ Clyde Mondilla......»»

Category: sportsSource:  philstarRelated NewsJun 12th, 2019