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40 mln Filipinos have no access to potable water: gov t
MANILA, May 7 (Xinhua) -- At least 40 million people in the Philippines have no access to fresh or potable water, the Presidential Communications Office (PCO) said Tuesday. Responding to the dire situation, Philippine President Ferdinand Romualdez Marcos ordered the government agencies to come up with concrete solutions to provide sufficient water supply to Filipinos deprived of potable water on Tuesday......»»
MCWD water deficit now affects 50,000 households in Metro Cebu
CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»
‘No water interruption until April 30’
The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»
Task force to public: Continue water conservation
As the water level in major dams can drop further during the dry months, the Task Force El Niño is urging the public to continue conserving water to avert a possible water crisis, especially in Metro Manila......»»
Mikey Belmonte bags Water Warrior Award
Quezon City Councilor Belmonte was conferred the “Water Warrior Award for Advocacy Leadership” during the 2024 World Water Day Awards in recognition of his contributions as an active partner of Maynilad in championing access to safe water, reliable sanitation and environmental responsibility......»»
NWRB cuts water supply for Metro next month
The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»
El Niño impact: 30M liters of water lost due to dry spell, says MCWD
CEBU CITY, Philippines — The hot season brought by the El Niño has significantly impacted the Metropolitan Cebu Water District (MCWD) water facility. It was evident in the production of MCWD’s surface water facilities in Barangay Jaclupan in Talisay City and Barangay Lusaran in Cebu City, said MCWD Chair, Lawyer Jose Daluz III, in a.....»»
Solon pushes creation of Dept of Water Resource Management
CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»
Manila Water explores Pangasinan supply deal
The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»
Residential electricity rate up by P0.13 for March – April billing
Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
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......»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo
Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
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......»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
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.....»»
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 […].....»»