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Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Factory activity eases in March
The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»
Catch-up Fridays eased for teachers
JENIELITO "Dodong" Atillo, spokesperson of the Department of Education (DepEd-Davao), clarified during the AFP-PNP press conference held on Wednesday morning, March 27, 2024, at the Royal Mandaya Hotel, that the implementation of “Catch-up Fridays” has been streamlined to alleviate any perceived burden on teachers......»»
T-bill rates ease ahead of Fed meet
Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»
Grab Philippines commends Marcos, Romualdez on transpo reforms
During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»
Date night inflation: Cost of flowers and condoms this Valentine’s Day 2024
Good news for lovebirds this Valentine's Day: Inflation has eased......»»
Inflation eases to 2.8 percent in January
Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority......»»
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.....»»
Wholesale price growth slowed in 2023
Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»
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......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
New presidential museum eyed in Baguio
The government will put up a new presidential museum in Baguio City soon, according to First Lady Liza Marcos, who said it will help promote unity and allow Filipinos as well as foreign tourists to learn more about the country’s current and previous leaders......»»
Boracay logs lower tourist arrivals during Holy Week
More than 13,000 tourists arrived on Thursday on Boracay Island in Malay, Aklan, which was lower compared to the P16,000 arrivals recorded on the same day last year, according to the municipal government......»»
CIS Friendship Cup 2024 slated this May
CEBU CITY, Philippines — The Cebu International School (CIS) unveils the 2024 CIS Friendship Cup for two weekends next month at the CIS football field. The organizers of this football tournament are expecting to draw more than 300 teams composed of over 3,600 players for the two-weekend tilt. The tournament, which is co-organized by the.....»»
Red Sea crisis could draw investments to Philippines – ECCP
The Red Sea crisis may serve as an opportunity for the Philippines to attract more European companies into the country, according to the European Chamber of Commerce of the Philippines......»»
Plaza Independencia: Rama plans to rubberize park, make more family-friendly
CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»
The Beatle who never was
It was supposed to be the usual one and a half-hour, hop-on, hop-off ride on a double-deck bus taking tourists around this English port city. The itinerary included stops at Penny Lane and Strawberry Fields, two subjects of Beatles songs with pass-throughs of the homes where John Lennon and Paul McCartney grew up......»»
DavNor tourism dips; new Senate probe on power outages pressed
A GOVERNMENT agency has noted that the usual strong inflow of tourists in Davao del Norte still needs to be seen deep into the summer season......»»
Maasai Mara tourists evacuated due to flooding – The Daily Guardia
Heavy rains in Kenya have wreak havoc in the country, causing flooding in various parts of the nation. The Maasai Mara national reserve has been.....»»