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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

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

Government urged to release P2.5 billion public transport cash subsidy

The government should release at the soonest the P2.5 billion in fuel cash subsidy to public transport drivers to cushion the impact of high fuel prices, especially with the latest news about heightened tensions in Israel and Iran, a congressman said......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

La Union farmers shift to drought-resistant crops

Farmers in La Union have shifted to drought-resistant crops to cushion the effects of the El Niño phenomenon in the agriculture sector......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Big start nets Del Monte 5-point cushion in PAL Interclub golf tilt

Del Monte positioned itself for a potential rare sweep of the PAL Interclub golf team titles by amassing 109 points at the Pueblo de Oro Golf and Country Club Friday, gaining a five-point lead over Eastridge in the first round of the Men’s Regular tournament in Cagayan de Oro City......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

DA starts cloud seeding amid El Niño

Cloud seeding operations have been conducted over Cagayan Valley to cushion the effects of the strong El Niño, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Opening win not a cushion

Game One of the PBA Commissioner’s Cup Finals is over and San Miguel Beer is a win up over Magnolia in the race-to-four series......»»

Category: sportsSource:  philstarRelated NewsFeb 3rd, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

More Power offers relief measures amid power outages in Iloilo City

More Power offers relief measures amid power outages in Iloilo City.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Employers urged: Observe measures vs heat stress

Employers urged: Observe measures vs heat stress.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

CCLEX safety enhancements pushed after US bridge tragedy

Cebu City, Philippines — In light of recent events, a call for increased CCLEX safety measures has been made to the Cebu Cordova Link Expressway Corporation (CCLEC) by a Cebu City legislator. Councilor Rey Gealon penned a resolution urging CCLEC to implement precautionary measures at the Cebu-Cordova Link Expressway to prevent disasters, considering the high.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

San Carlos to implement mitigating measures vs El Niño

San Carlos to implement mitigating measures vs El Niño.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Commission calls for stronger measures protecting battered women

Commission calls for stronger measures protecting battered women.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Himamaylan ramps up measures vs effects of dry spell

Himamaylan ramps up measures vs effects of dry spell.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

DOH ups measures for a cancer-free Central Luzon

DOH ups measures for a cancer-free Central Luzon.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Philippines to intensify measures vs tobacco use

The Philippines has vowed to intensify its measures against tobacco use, in line with an international treaty that seeks to address what it called the “tobacco epidemic.” .....»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024