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Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 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

Rape, murder, iba pang krimen sumadsad – Malacañang

Ibinida ng Presidential Communications Office (PCO) ang pagbaba umano ng crime rate sa ilalim ng administrasyon ni Pangulong Ferdinand “Bongbong” Marcos Jr. kumpara sa datos na naitala noong hindi pa ito nakaupo sa Malacañang. The post Rape, murder, iba pang krimen sumadsad – Malacañang first appeared on Abante......»»

Category: sportsSource:  abscbnRelated NewsApr 26th, 2024

PNR walang biyahe sa Metro Manila simula March 28, suspendido ng 5 taon

MAY abiso ang Philippine National Railways (PNR)! Simula March 28, suspendido ang operasyon sa Metro Manila at ‘yan ay magtatagal ng limang taon. Ang mga istasyon na hindi na muna makakabiyahe ay ang Governor Pascual-Tutuban at Tutuban-Alabang, ang dalawang makabilang end stations sa Metro Manila. Ayon sa PNR, ito ay upang magbigay-daan sa gagawing konstruksyon.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Explore Canadian Flavors Launch in Metro Supermarket Cebu

An exciting shopping experience awaits customers as The Metro Supermarket and the Canadian Embassy join forces in an exciting partnership! From February 15 to March 15, 2024, The Metro Supermarket and the Canadian Embassy will collaborate to offer customers a unique gastronomic experience, inviting them to “Explore Canadian Flavors” through a curated selection of products.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Metro Manila nangunguna sa ‘Worst Traffic in the World’, ayon sa pag-aaral

NUMBER one sa listahan ng “Worst Traffic in the World” ang Metro Manila. Base sa 2023 TomTom Traffic Index, umaabot sa average na 25 minutes and 30 seconds ang pagmamaneho ng 10 kilometers sa Metro Manila. Ito ay 50 seconds na mas mabagal kaysa sa naitala noong 2022. Ayon pa sa pag-aaral, ang karaniwang ginugugol.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

DOTr: Government, PPP projects to solve Metro traffic

The Department of Transportation has committed to solve the traffic congestion in Metro Manila through public-private partnerships after the region was ranked as the worst metro in the world in a mobility index......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2024

MMDA questions int l study calling Metro Manila the worst in traffic worldwide

The Metropolitan Manila Development Authority (MMDA) cast its doubt on the "2023 Traffic Index," released by transportation data company TomTom Traffic, calling Metro Manila the worst in metro traffic worldwide......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Marcos vows sustained job creation as unemployment drops

President Marcos assured the public that his administration would sustain measures that create jobs, lure investments and upgrade the skills of workers after the Philippines recorded a drop in unemployment rate last month......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

PUVMP consolidation rate reaches 81% – LTFRB

An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

CAR logs 96.7% employment rate, services top job generator

CAR logs 96.7% employment rate, services top job generator.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

Maybe no Fed rate cuts in FY24?

A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

DSWD-Davao posts 68% ECT completion rate

THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reported a completion rate of approximately 68 percent for distributing Emergency Cash Transfer (ECT) to residents of Davao del Norte and Davao Oriental affected by the Shear Line and Low-Pressure Area (LPA)......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Mandaue City logs highest inflation rate

Mandaue City logs highest inflation rate.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Mandaue labing taas og inflation rate sa HUCs

Mandaue labing taas og inflation rate sa HUCs.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Jobless rate eases to 3.5% in February

The country’s unemployment rate declined in February as more employment opportunities were created in the wholesale and retail trade and agriculture sectors, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024