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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

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

Consumer sentiment in PH improves slightly in Q1 2024

Consumer sentiment in PH improves slightly in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Consumer sentiment in Philippines improves slightly in Q1 2024

Consumer sentiment in Philippines improves slightly in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Amid bearish sentiment, bargain hunting could lift stocks

The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Amid bearish sentiment, bargain hunting could lift stocks

The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

‘Precarious’ year ahead for world economy, Davos survey predicts

Some 56% of those surveyed expect overall global economic conditions to weaken in 2024, with a high degree of regional divergence.....»»

Category: newsSource:  rapplerRelated NewsJan 15th, 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

Concerns conveyed to China over cyber activity

Foreign Minister Winston Peters has confirmed New Zealand's concerns about cyber activity have been conveyed directly to the Chinese Government.   "The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New Zealand and the United Ki.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 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

Poll: Pinoys still most concerned with inflation

Seven in 10 Filipinos have identified inflation as among their most urgent national concerns, a recent survey conducted by Pulse Asia showed......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Why the Next iPad Pro Will Replace My 2018 Model

The Daily Guardian- A tech-savvy writer typically known for upgrading devices often has surprised many by sticking with his 2018 iPad Pro for nearly six.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 2nd, 2024

Honoring a Philippine Human Rights Icon - Human Rights Watch

Click to expand Image Human rights lawyer and former senator Rene Saguisag holds a copy of a book about the martial law period in the Philippines while describing his ordeal in detention, Manila, September 26, 2018. 2018 Bullit Marquez-AP Photo The Philippines on April 23 lost a human rights stalwart. Rene Saguisag, a human rights lawyer and former senator, defended victims of abuses during the Ferdinand Marcos dictatorsh.....»»

Category: newsSource:  manilanewsRelated NewsApr 26th, 2024

Most Read Apr 26, 2018 – 01:29 PM

Most Read as of Apr 26, 2018 – 01:29 PM SC to announce 2017 bar exam results at 1:15 p.m. on Thursday 25.5% of 6,750 pass Bar Exam 2017 University of St. La Salle alum tops Bar Exam 2017 Sotto bares initial list of Senate bets NPC will endorse in 2019 Sunshine Dizon explains why.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

Latest Stories as of Apr 26, 2018 – 01:42 PM

Latest Stories as of Apr 26, 2018 – 01:42 PM FULL LIST: 2017 Bar examination passers Marvel Studios’ ‘Avengers: Infinity War’ nabs P141.6-M on opening day in the PH Moira Dela Torre speaks up about relationship and reunion with dad Tight security at ports as exodus out of Boracay begins US Embassy hosts drug treatment.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018

Mapúa MCM celebrates standard of quality education with certification of ISO 21001:2018.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

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

Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024