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Why Saving More than 20% Can Boost Your Finances

The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 6th, 2024

Inflation likely breached upper 4 percent target in April

Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

Philippines unemployment rate up to 3.9 pct in March

MANILA, May 8 (Xinhua) -- The unemployment rate in the Philippines increased to 3.9 percent in March from 3.5 percent in February, the Philippine Statistics Authority (PSA) said on Wednesday. PSA head Dennis Mapa said at a press conference that there were 2 million jobless Filipinos in March this year, higher than 1.8 million unemployed individuals in February. National Economic and Development Authority.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Philippines pineapple exports grew by 5 percent in 2023

Pineapple exports from the Philippines are seen to have increased by five percent last year, according to the Food and Agriculture Organization of the United Nations......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Bong Revilla work from home muna

Work from home muna si Senador Ramon Bong Revilla Jr. kapag nakalabas na ng ospital matapos operahan sa kanyang paa. The post Bong Revilla work from home muna first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 21st, 2024

Starling Marte binanatan pang-150th home run

PINALIPAD ni Starling Marte ang pang-150 home run ng career. The post Starling Marte binanatan pang-150th home run first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 18th, 2024

National Home Mortgage Finance Corp nadale ng hacker

Inanunsyo ng National Home Mortgage Finance Corporation (NHMFC) sa kanilang official website ang insidente ng hacking. The post National Home Mortgage Finance Corp nadale ng hacker first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

All 216 victims of suspected food poisoning in Agusan Sur sent home

SAN FRANCISCO, Agusan del Sur (MindaNews / 23 February) — All 216 patients who were mostly admitted to the Esperanza Medicare Community Hospital for suspected food poisoning were already discharged and sent home Wednesday, the local government of Esperanza town in Agusan del Sur said in a Facebook post Thursday. They were transported home aboard […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

BBM, Duterte threats and sleep deprivation

In December 2023, President Marcos Jr. scored an approval rating of 71 percent, up six points from 65 percent in October 2023, according to OCTA Research Group which polled 1,200 respondents during Dec. 10-14. Error margin was three percentage points, quite high, if you ask statisticians......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Low copper prices bring down Atlas Mining income by 65%

Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Non-banks’ domestic claims up by 15 percent in Q4

The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

GOCCs’ dividend remittance bumped up to 75 percent of earnings

The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Philippines total external trade up 9.7 pct in February

MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Fishers lose Laguna lake share to private developers

The share of small fisherfolk in the 9,200-hectare Laguna de Bay has been lowered to 53 percent after the Laguna Lake Development Authority increased private operators’ allocation to 47 percent......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Galunggong retail price up 20 percent

The retail price of galunggong or round scad has increased by 20 percent as fish demand rises during the Holy Week......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024