From the Newsrooms: January 8 to 13, 2024
THE IDEA had been simmering but it broke out for all the public to think about when House Speaker Martin Romualdez took up the need for Charter change (Cha-cha). He recalled two resolutions that had raised the issues earlier in 2023, saying the amendments would focus on economi.....»»
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.....»»
Philippines jobless rate increases to 4.5 pct in January
MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»
Philippines jobless rate increases to 4.5 pct in January
MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
Philippines posts 740 mln USD deficit in January
MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»
From the Newsrooms: December 11 to 16, 2023
BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»
From the Newsrooms: December 11 to 16, 2023
BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Delivery drivers urge Mayor Baste for business permit exemption
Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»
Mandaue won’t join Sinulog at SRP
MANDAUE CITY, Cebu – Mandaue City will not be joining the Sinulog Grand Parade and Ritual Showdown at the South Road Properties (SRP) on Sunday, January 21, 2024. Mayor Jonas Cortes, on Wednesday, January 17, said that the city will instead focus on presenting a performance during the Traslacion on Friday, January 19. Mandaue City.....»»
Daily Gospel, January 22, 2024
This is the Daily Gospel for today, January 21, 2024, which is the Monday of the Third week in Ordinary Time. Holy Gospel of Jesus Christ according to Saint Mark 3, 22-30 “The scribes who had come from Jerusalem said of Jesus, “He is possessed by Beelzebul,” and “By the prince of demons he drives out.....»»
Sinulog 2024 Grand Parade, Ritual Showdown live updates
CEBU CITY, Philippines–These are the latest updates on the Sinulog Festival 2024 Grand Parade being held at the South Road Properties (SRP) in Cebu City on January 21, 2024. Bookmark this page to get the freshest updates on one of the highlights of the Sinulog 2024 Festival. LIST: Sinulog 2024 Grand Parade contingents This year’s.....»»
Jobless Filipinos balloon to 2.15 million in January 2024
The Philippine Statistics Authority reported that the number of unemployed persons ages 15 and above climbed to 2.15 million in January 2024, down from 1.6 million in December 2023. .....»»
Food prices pull down January 2024 inflation to 2.8%
During a press briefing on Tuesday, National Statistician and Philippine Statistics Authority chief Claire Dennis Mapa said that inflation dropped to 2.8% in January 2024, down from 3.9% in December of last year......»»
Fiesta Señor 2024 kickoff, Walk with Jesus live updates
CEBU CITY, Philippines — The Queen City of the South, Cebu City, welcomes the most anticipated Sinulog Festival and Fiesta Señor with a kick-off today, January 11, 2024. Fiesta Señor and Sinulog Festival: What’s the difference? LOOK: Schedule of Novena Masses of Fiesta Señor 2024 LIST: Sinulog 2024 schedule of activities Reminders from Basilica for.....»»
Sinulog Cup 2024: Best commercial teams in VisMin clash for basketball supremacy
CEBU CITY, Philippines — Some of the best commercial basketball teams in the Visayas and Mindanao will vie for supremacy in the Sinulog Cup 2024 Basketball Tournament scheduled from January 23-27, 2024. The tournament will field six commercial teams from Cebu, Bacolod, Tacloban, Ormoc, and Marawi City, while two Cesafi member schools will join this.....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Philippines manufacturing output sustains growth in January
MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»
Colon Night Market set to close on January 31
CEBU CITY, Philippines – The Colon Night Market is set to conclude its operations on Wednesday, January 31. This information was shared by Maria Pino, president of the Cebu City United Vendors Association Inc. (CCUVA), on January 26 through the Cebu City News and Information Facebook page that is managed by the Cebu City Public.....»»
53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»