Chikungunya cases up 439 percent
Chikungunya cases in the country increased by 439 percent from January to March compared to the same period last year, the Department of Health reported yesterday......»»
Latest surveys are results of inflationary sugar cartel
High prices clobbered 72 percent of Filipinos in December. Inflation strained them worse than low wages, 40 percent; joblessness, 28 percent and poverty, 25 percent, Pulse Asia’s survey shows......»»
Measles, rubella cases up 39 percent
The Department of Health has recorded over 2,000 cases of measles and rubella nationwide......»»
Cyber identity theft cases up by 13.9% in 2023
Cases of cyber identity theft in 2023 increased by nearly 14 percent, data from the Philippine National Police’s Anti-Cybercrime Group show......»»
Diphtheria cases up 75 percent
Cases of diphtheria in the country have increased by 75 percent, the Department of Health reported yesterday......»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Bank lending expands 9.6 percent in April
Credit growth accelerated further to 9.6 percent in April from 9.4 percent in March as Philippine banks disbursed more production and consumer loans, according to the Bangko Sentral ng Pilipinas (BSP)......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Philippines to save P16 billion annually from higher ethanol blend
Increasing the ethanol blend in gasoline products from 10 percent to 20 percent could cut fuel prices by as much as four percent, resulting in as much as P16 billion in annual savings for Filipino vehicle owners, according to the United States Department of Agriculture-Foreign Agricultural Service......»»
Eastern Visayas posts 5.1 percent unemployment rate in July 2023
Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»
Economy seen growing by 6.2 percent this year
Philippine economic expansion may pick up in the coming months, with growth seen averaging 6.2 percent this year, well within the government’s six to seven percent target, according to BMI Country Risk & Industry Research......»»
Philippines GDP expands by 5.7 pct in Q1
MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»
Philippine economy expands 5.7% in Q1
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»
Inflation ticks up to 3.8% in April - The Manila Times
MANILA, Philippines: Inflation slightly accelerated last month due to increases in key food items, the Philippine Statistics Authority reported on Tuesday. For three consecutive months, inflation picked up 3.8 percent in April from March's 3.7 percent but was lower than the 6.6 percent recorded in the same month last year. It is well within the estimate of the Bangko Sentral ng Pilipinas (BSP) for the month at 3.5- to.....»»
Recto sees at least 5.8 percent GDP growth in Q1
The Philippine economy may have expanded by at least 5.8 percent to as much as 6.3 percent in the first quarter as inflation remained a concern for the government......»»
Bilang ng mga bumisita sa bansa ngayong Abril umabot ng 2-M, sey ng DOT
MAHIGIT dalawang milyon ang naitalang international visitors sa ating bansa para sa buwan ng Abril. Ayon sa Department of Tourism (DOT) noong April 25, karamihan diyan ay mga dayuhang turista na nasa 95 percent, habang nasa five percent ang mga kababayan nating OFWs. Ang bilang ngayong taon ay mas mataas nag 15.11 percent kumpara sa.....»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
Inflation quickens to 3.4 percent in February
Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»