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‘El Niño unlikely to cause crisis’

The El Niño phenomenon being experienced in the country is not expected to result in a crisis as food, water and power supplies are adequate during the critical months, an official of the El Niño Task Force said yesterday. Task force spokesperson Joey Villarama said that with all the preparations, interventions and mitigations being done by the government, he does not foresee the El Niño phenomenon creating a crisis......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 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

Power crisis artipisyal: PBBM aawatin dagdag-presyo sa kuryente

Tiniyak ni Pangulong Bongbong Marcos na may ilalatag na estratehiya ang gobyerno para mapigilan ang pagtaas sa presyo ng kuryente sa panahon ng power crisis. The post Power crisis artipisyal: PBBM aawatin dagdag-presyo sa kuryente first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 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

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

ULAP lauds water supply program for poor LGUs

Union of Local Authorities of the Philippines president and Quirino governor Dax Cua lauded a government program that aims to help the poorest municipalities in the country have access to clean and stable water supply. “We in ULAP have always emphasized the need to address people’s basic right to water, in line with our commitment […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

Capitol to resume sale of cheap rice at P29 per kilo

CEBU CITY, Philippines – The Cebu Provincial Government is set to resume selling cheap rice to the “poorest of the poor” residents of the province. However, it will now be priced at P29 per kilo instead of the previous P25. Governor Gwen Garcia announced the resumption during a press conference on Friday, May 17. She.....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis

Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty

Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Water crisis: Rama says this could have been prevented if…

CEBU CITY, Philippines — Cebu City Mayor Michael Rama believes that the water crisis could have been prevented. The fiasco over the management of the Metropolitan Cebu Water District (MCWD) had “definitely” affected the services of the water district, said Cebu City Mayor Michael Rama. “Definitely [the services are affected.] More cooks spoil the broth......»»

Category: newsSource:  inquirerRelated NewsMay 7th, 2024

Pinoy hip-hop is taking over the charts

Who is Hev Abi and why is he getting millions and millions of streams and downloads nowadays?.....»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Philippines to repatriate Filipinos from crisis-hit Haiti

The move comes after Foreign Affairs Secretary Enrique Manalo approved the declaration of Alert Level 3 in Haiti, signifying the voluntary repatriation for Filipinos there......»»

Category: sportsSource:  abscbnRelated NewsMar 18th, 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

Bangkal Elementary School appeals for help amid power outage crisis

Bangkal Elementary School appeals for help amid power outage crisis.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

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

Training program on dealing with controversies, crisis

The Center for Global Best Practices will host an SEC-accredited training program, titled “Dealing with Controversies and Crisis Communication,” on April 17, 2024 from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024