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Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
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.....»»
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 […].....»»
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 […].....»»
Inflation still top concern for Pinoys
Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»
DOH, DOLE deny any hand in Cha-cha signature drive
MANILA, Philippines — Representatives of the Department of Health (DOH) and the Department of Labor and Employment (DOLE) denied that their agencies are involved in the controversial signature campaign to amend the 1987 Constitution. The clarification came after Senator Imee Marcos brought up, during the Senate’s Tuesday hearing, that DOH’s Medical Assistance for Indigent Patients.....»»
The Municipality of Baras and one Barangay in Caramoran Declared Drug-Cleared
In the deliberation conducted by the Regional Oversight Committee on Barangay Drug Clearing (ROCBDC) at nine o’clock in the morning on the 19th of January, the Municipality of Baras was officially declared a “Drug-Cleared Municipality,” while Barangay Baybay in the Municipality of Caramoran was declared a Drug-Cleared Barangay. The activity was led by Dir III […] The post The Municipality of Baras and one Barangay in Caramoran Declared Drug-Cleared appeared first on Bicol Peryodiko......»»
Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
Philippines expects stable rice price in first half of 2024
MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»
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.....»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Century Pacific Food logs P5.6 billion income despite inflation
Century Pacific Food logs P5.6 billion income despite inflation.....»»
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)......»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
Consumer groups lament unprecedented rice inflation
The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»
Tulfo kay Herbosa: Generic drug na walang bisa, hubaran
Hinamon ni Senador Raffy Tulfo ang kalihim ng Department of Health na ilantad ang mga drug company na gumagawa ng generic drug na walang bisa o hindi nakakagamot. The post Tulfo kay Herbosa: Generic drug na walang bisa, hubaran first appeared on Abante......»»
Drug den in Punta Princesa, Cebu City shut down, three men nabbed
CEBU CITY, Philippines — With the help of concerned citizens, law enforcers arrested three newly identified drug personalities and dismantled a suspected drug den in Sitio Tres de Abril, Barangay Punta Princesa, Cebu City on Thursday afternoon, March 21, 2024. The drug bust took place at around 1:25 p.m. in the barangay, which was previously.....»»
San Fransico drug bust: Ex-drug surrenderee, cohort nabbed with P816,000 shabu
CEBU CITY, Philippines – A drug peddler, who voluntarily surrendered earlier and completed the government’s reformation program, and his alleged cohort will be spending time in jail after they were arrested in a drug bust in San Francisco, Cebu Friday night. Jufer Belmoro, 40, and Jilou Montalban, 34, were nabbed with five packs of suspected.....»»
CLOSAP: 3 Barangay Ibo employees fail drug test
CEBU CITY, Philippines—Three out of 88 employees of Barangay Ibo tested positive for drug use in a surprise drug test conducted on Wednesday, February 7, 2024. The drug test was carried out by the City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP). CLOSAP executive director Garry Lao reported that one garbage worker and two.....»»
Hontiveros dares both Marcos and Duterte to undergo drug test
MANILA, Philippines — In order to put an end to tirades from both camps, opposition Senator Risa Hontiveros encouraged on Wednesday both President Ferdinand “Bongbong” Marcos Jr. and former chief executive Rodrigo Duterte to undergo drug tests. “Drug testing should always be suspicionless and voluntary. Para matapos na ang patutsadahan sa drug use ng dalawang.....»»