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April inflation comes in at 3.8%

The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Watsons Summer Party: The Ultimate Guide to a Sun-Safe Summer Celebration

As the summer sun ascends in the sky, Watsons is here to ensure that your time under its radiant beams is both joyous and safe. The Watsons Summer Party is not just an event; it’s a celebration of the carefree spirit of the season, where the only thing you need to worry about is having […].....»»

Category: newsSource:  metrocebuRelated NewsApr 23rd, 2024

Analysts expect inflation at around 3.8% for March

A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Philippines likely grew below target in 2023 – economists

The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Netizens react to ABS-CBN and PLDT’s about-face on Sky: ‘Parang engagement lang ni Dom at Bea’

Reactions to the 'corporate drama' between ABS-CBN and PLDT on its Sky Cable deal prompted a netizen to liken it to the recent break-up of actress Bea Alonzo and Dominic Roque.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Inflation halts 4-month decline

Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Inflation likely eased below 3 percent in January

Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 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

PLDT: Disputes in final terms led to aborted Sky Cable buyout

Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Converge out to challenge Cignal, Sky Cable in pay TV

Pampanga-based tycoon Dennis Anthony Uy will infiltrate the pay TV segment soon to challenge the dominance of Cignal Cable Corp. and Sky Cable Corp......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

PLDT-Sky Cable merger unplugged

Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

PLDT, ABS-CBN terminate Sky Cable sale

Sky Cable Corp., a subsidiary of ABS-CBN, will no longer be sold to the Manny V. Pangilinan-led PLDT Inc., both companies announced on Thursday. .....»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

PLDT’s acquisition of Sky Cable canceled

PLDT’s acquisition of Sky Cable canceled.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

With closure of Sky Cable, ANC offers paid subscription online in bid to stay afloat

The ABS-CBN News Channel pivots to paid subscription on YouTube as it stands to lose financial support arising from Sky Cable's closure.....»»

Category: newsSource:  rapplerRelated NewsFeb 21st, 2024

Sky Cable to shut pay TV

Cable operator Sky Cable Corp. is ending its pay TV business toward the end of February, as it moves to become a dedicated connectivity provider as part of its merger with PLDT Inc......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo

Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024