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Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
Stocks pull back on inflation impact
Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»
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......»»
President Marcos vows to continue mitigating inflation impact
President Marcos has vowed to continue mitigating the impact of higher commodity prices on Filipino households as he welcomed the inflation downtrend recorded last month......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
Economy grew by 5.6% in 2023
The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
Juvenile sharks seen frolicking in shores of Santander, Cebu
CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»
Newly inaugurated roads in Dalaguete seen to help farmers
Newly inaugurated roads in Dalaguete seen to help farmers.....»»
BSP seen to keep rates unchanged
The Bangko Sentral ng Pilipinas is likely to leave rates unchanged anew this week as it remains on a hawkish stance despite easing inflation......»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
Mandaue City logs highest inflation rate
Mandaue City logs highest inflation rate.....»»
Mandaue labing taas og inflation rate sa HUCs
Mandaue labing taas og inflation rate sa HUCs.....»»
Repeal of liberalization law urged to combat high rice inflation
A farmer group on Wednesday said that reversing the rice liberalization law would help address the low procurement of rice grains and high rice inflation......»»
Sticky food inflation
Decades of incompetence and corruption at the Department of Agriculture have made food inflation rather sticky for us these days......»»
Century Pacific Food logs P5.6 billion income despite inflation
Century Pacific Food logs P5.6 billion income despite inflation.....»»
T-bills, T-bonds rates up after inflation uptick
Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»
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......»»