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BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Philippines jobless rate drops to decades-low in December 2023

MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Lab Notes | El Niño 2024: another disaster, another government failure

Since disasters always include human components, there is nothing natural about it. Therefore, there is no such thing as a “natural” disaster; there was a human failure somewhere in how social, economic, and political systems were set up. The post Lab Notes | El Niño 2024: another disaster, another government failure appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 21st, 2024

‘Another one’ & another & another...

After sending out my column “Presumed Guilty Until You Settle,” our Opinion section editor Doreen Yu sent a message and titled it “another one.”.....»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

PLDT borrows P1 billion in green loans

Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Pagdanganan fades to 41st

As Bianca Pagdanganan faded to 41st, Fil-Am Allisen Corpuz and Fil-Japanese Yuka Saso finished strong and landed eighth and 17th places, respectively, in the HSBC Women’s World Championship yesterday in Singapore......»»

Category: sportsSource:  philstarRelated NewsMar 3rd, 2024

Bianca shoots 69 with 293-yard drives

Bianca Pagdanganan produced her best round so far – a three-under 69 on moving day – to improve her standing in the HSBC Women’s World Championship yesterday in Singapore......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

Pagdanganan turns cold, drops to 38th spot

Bianca Pagdanganan failed to sustain her solid start and submitted a four-over 76 to slide to joint 38th halfway through the HSBC Women’s World Championship yesterday in Singapore......»»

Category: sportsSource:  philstarRelated NewsMar 2nd, 2024

LTFRB assures commuters: No impending fare hike

The Land Transportation Franchising and Regulatory Board has assured commuters that there is no impending fare hike even as the government implements its public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Senate rallies behind legislated wage hike; House to proceed with caution

Buoyed by President Ferdinand Marcos Jr.'s order to review the minimum wage rates in all regions, Senate President Juan Miguel Zubiri urged the president to tag as urgent a bill that legislates a P100 minimum wage hike for all private sector workers......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Labor groups to stage protest for wage hike legislation

Labor groups to stage protest for wage hike legislation.....»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

Teachers’ group calls anew for wage hike

Ahead of Labor Day, the Alliance of Concerned Teachers (ACT) renewed its calls for a wage hike, urging the government to raise to P50,000 the entry-level salary of teachers......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

P15 daily minimum wage hike in Caraga to effect on May 1

P15 daily minimum wage hike in Caraga to effect on May 1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Transport group seeks P2 fare hike

Transport group seeks P2 fare hike.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Big-time oil price hike amid Holy week exodus

Big-time oil price hike amid Holy week exodus.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Workers seek Church help on wage hike

The Federation of Free Workers (FFW) is seeking the intervention of the Catholic Church for immediate passage of the pending P150 legislated nationwide wage hike......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024