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Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
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......»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Meralco cuts power rates in April
The Manila Electric Company will slash power rates in April, ending three consecutive months of rate hikes since the first quarter of 2024. .....»»
NCR retail prices rise at slowest pace in nearly 2 years
Retail prices of goods in Metro Manila in January posted its lowest growth rate in nearly two years due mainly to slower food price hikes, according to the Philippine Statistics Authority......»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Nearly 50,000 UK businesses on verge of collapse - report
Construction and real estate are among the hardest hit sectors, researchers say The number of UK businesses on the brink of bankruptcy skyrocketed by more than a quarter at the end of last year amid a "debt storm" triggered by a series of interest rate hikes, a report from a group of insolvency specialists re.....»»
Japanese slugger arrives in Bohol to challenge Suganob
CEBU CITY, Philippines — Japanese ex-world title challenger Kai Ishizawa has landed in Bohol to challenge the reigning World Boxing Organization (WBO) Global light flyweight champion Regie “Filipino Phenom” Suganob in the main event of “Kumong Bol-Anon 15.” Ishizawa arrived at the Panglao International Airport on Friday evening in a small delegation. He was accompanied.....»»
Tubigon, Badian win big in tourism challenge
Tubigon, Badian win big in tourism challenge.....»»
NCC Marathon returns for bigger challenge in 2024
NCC Marathon returns for bigger challenge in 2024.....»»
Young Creatives Challenge discovers new breed of artists
Six months after the formal launch of the Young Creatives Challenge (YC2), playwrights, songwriters, graphic artists, and content creators trooped to the Samsung Hall at SM Aura for the grand finals and awarding ceremony......»»
Archival prepares to challenge RPT code
Archival prepares to challenge RPT code.....»»
DepEd DC s Solitario accepts Farnazo’s challenge to improve Palaro gold haul
DepEd DC s Solitario accepts Farnazo’s challenge to improve Palaro gold haul.....»»
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......»»
Malixi, 5 other Filipina golfers kick off Asia-Pacific golf bid
Rianne Malixi faces a formidable challenge as she drew two of the most fancied players in the Women’s Amateur Asia-Pacific Championship, which gets under way Thursday, February 1, in Pattaya, Thailand......»»
Panabo City mayor faces multiple raps
PANABO City Mayor Jose E. Relampagos faces three cases filed against him by the Sangguniang Panlungsod to the Office of the President (OP)......»»
Driver of overturned truck faces multiple violations
Driver of overturned truck faces multiple violations.....»»