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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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

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

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

Intensify efforts against child abuse – Cebu City dad

CEBU CITY, Philippines – A Cebu City legislator urged barangays to intensify efforts against child abuse like trafficking, online, and sexual exploitation. Cebu City Councilor James Cuenco penned a resolution requesting the 80 barangays of Cebu City through the Association of Barangay Councils (ABC) to reconvene the Barangay Council for the Protection of Children (BCPC).....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’

CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Cebu Daily Newscast: 2 King Cobras killed in Cebu City

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, February 20, 2024. 2 King Cobras killed in Cebu City Two King Cobras were recently spotted and killed in a Cebu City barangay heightening fears about the highly venomous reptiles’ presence in the.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Kris Tiffany Janson is Miss Universe Philippines Cebu 2024

CEBU CITY, Philippines — Cebu City North’s bet, Kris Tiffany Janson, was crowned Miss Universe Philippines Cebu 2024, earning the honor of representing Cebu on the national stage. The coronation took place Saturday night, February 3, at Waterfront Cebu City Hotel and Casino. Aside from bringing home the crown, Janson also won various special awards,.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024

Overpriced pay parking fees? Report this to Cebu City Hall, says councilor

CEBU CITY, Philippines —A Cebu City councilor is urging the public to report to the city hall pay parking areas collecting overpriced fees.  Cebu City Councilor James Cuenco, the city council’s chairman of the Committee on Transportation, Councilor James Cuenco urged those with concerns of overpriced parking fees to contact his office and tell them the.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Cebu City shooting: Cops pursue lead in bar fight killing

CEBU CITY, Philippines — Police in Cebu City are now pursuing a lead to identify the suspect behind the shooting of a man outside a bar along Pelaez Street in Barangay Kalubihan, Cebu City on early Wednesday morning, March 6, 2024. The victim was identified as Joseph Esconde Ybañez, a 32-year-old native of Dalaguete, Cebu......»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Cebu Daily Newscast: Yogi Filemon Ruiz looks to make Cebu City the ‘best city’

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, March 1. Mayoral candidate Yogi Filemon Ruiz aims to make Cebu City the ‘best city’ Former Philippine Drug Enforcement Agency-Central Visayas (PDEA-7) regional director Yogi Filemon Ruiz, the first to announce his interest.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

What an aweSM Sinulog Experience at SM Cebu Malls

Sinulog Festival, one of the grandest and most colorful festivals in the country was also the most aweSM celebration at the SM malls in Cebu City. SM Seaside City Cebu and SM City Cebu held a bigger, bolder, and brighter Sinulog festivities in partnership with the Cebu City government. Festive Sinulog decorations and centerpieces transformed ….....»»

Category: sportsSource:  abscbnRelated NewsJan 25th, 2024

Cebu City hotels fully booked as Sinulog season kicks in

Photo shows the skyline of uptown Cebu City where several business hotels are located. | CDN FILE PHOTO CEBU CITY, Philippines — As the Sinulog season kicks in, hotels in Cebu City are almost fully booked, reaching 90 to 100 percent occupancy. Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI) president Alfred Reyes confirmed this.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

BSP sees room for further rate hike

After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Cebu Chess Hub to revive standard games in local scene with cash-rich tourney

CEBU CITY, Philippines — The Cebu Chess Hub will organize a cash-rich woodpushing tournament on February 23-25, at the Gmall of Cebu. The tournament aptly dubbed the “Cebu Chess Hub: Open Chess Tournament” will have a total of P88,000 prize money for the winning woodpushers.  READ: UC Webmasters bag 3 gold medals in Cebu City.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Rama promises to transform Cebu City into a ‘Super City’ by 2031

CEBU CITY, Philippines – Mayor Michael Rama has made another promise to the Cebuanos, and that is to transform Cebu City into a ‘Super City’ by 2031. At the same time, Rama also made a commitment to transform all of the 80 barangays into “city-like barangays” by then. Rama’s ‘Super City’ vision was the highlight.....»»

Category: newsSource:  inquirerRelated NewsFeb 24th, 2024

Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Netizens turn to dry humor as they give their take on CSBT transfer plan

CEBU CITY, Philippines — Cebuano netizens resorted to dry humor as they give their take on social media about the plan of the Cebu Provincial government to move the Cebu South Bus Terminal (CSBT) from Cebu City to the neighboring Talisay City in the south of Cebu. The CSBT is currently situated along Natalio Bacalso.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

3 Cebu fires on Tuesday raze over P2.4M in properties

CEBU CITY, Philippines — The 3 Cebu fires that struck Cebu on Tuesday burned over P2.4 million worth of properties and left over 400 individuals homeless. On Tuesday, March 19, 2024, firetrucks can be heard blazing through the streets of Cebu City and Talisay City as they responded to 3 separate fires. At around 11:14.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024