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Climate shocks on inflation can last up to 4 years – BSP

Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippine inflation rises to 3.4 pct in February

MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

DA working double time to increase rice production at lower cost amid inflation

The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

‘Inflation uptick far from over’

The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

75% dissatisfied with government effort vs inflation – poll

Despite the easing inflation reported in recent months, three in every four Filipinos now say they are dissatisfied with the government’s efforts to control the rising cost of basic commodities, a recent survey conducted by the OCTA Research group showed......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Government to address price hikes – NEDA

The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

First rate cut likely 25 basis points - The Manila Times

MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

T-bill rates ease as demand swells

Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

EDITORIAL — Pass-through fees

If the administration wants to tackle inflation and improve ease of doing business, it should scrutinize one of the contributors to high prices particularly of agricultural commodities, and a long-standing complaint of businessmen: pass-through fees collected from delivery trucks......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Rights group highlights PH gov’t failure in stopping drug-related killings

Continuing killings, repression, and the prevailing impunity in the Philippines are among the key findings reported by human rights group Amnesty International (AI)-Philippines. The post Rights group highlights PH gov’t failure in stopping drug-related killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 26th, 2024

DENR leads Earth Day cleanup at gov t center

DENR leads Earth Day cleanup at gov t center.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

‘P20 per kilo of rice possible if gov’t aggressive in subsidizing farmers’

‘P20 per kilo of rice possible if gov’t aggressive in subsidizing farmers’.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Solo parents receive assistance from gov t

Solo parents receive assistance from gov t.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Esmi ng ex-gov’t exec inalila mall staff

Mistulang ginawang kasambahay ng asawa ng dating government official ang isang staff ng department store nang mag-shopping ito ng kanyang mga gamit. The post Esmi ng ex-gov’t exec inalila mall staff first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 17th, 2024

Bersamin tinukuran suspensiyon vs Davao del Norte gov

Itinanggi ni Executive Secretary Lucas Bersamin na hindi binigyan ng due process si Davao del Norte Governor Edwin Jubahib bago ito pinatawan ng suspensiyon. The post Bersamin tinukuran suspensiyon vs Davao del Norte gov first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 13th, 2024

Marcos bans gov’t officials from using sirens, blinkers

Marcos bans gov’t officials from using sirens, blinkers.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Davao del Norte gov sinuspinde ng Palasyo

Sinuspinde ng Office of the President si Davao del Norte Gov. Edwin Jubahib dahil sa reklamo ng grave abuse of authority at oppression. The post Davao del Norte gov sinuspinde ng Palasyo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024