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Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

[OPINION] Development in the delay: Reflections on being a new mother

'In January this year – a few months away from her third birthday – my husband and I had to receive the difficult news that my daughter has Global Developmental Delay'.....»»

Category: newsSource:  rapplerRelated NewsFeb 12th, 2024

Delay in passage of anti-piracy bills hit

A citizens advocacy group has decried the delay in the passage of a law that would intensify the drive against online pirates who have been stealing from the Philippine creative industry, depriving workers of just rewards and exposing people to cyber threats......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

NAPOCOR seeks approval of higher subsidized rates

The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

DavOro guv refutes claims she barred dept heads from attending SP budget proceedings

DAVAO de Oro Governor Dorothy "Dotdot" Gonzaga clarified the information released by the Office of Vice Governor Jayvee Tyron Uy that among the factors of the delay of the approval of the Calendar Year Executive Budget for 2024 was because she prevented the department heads of the provincial local government unit from attending the Sangguniang Panlalawigan (SP) proceedings......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

‘Climate change inaction cost to reach P1.4 trillion by 2030’

The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»

Category: newsSource:  philstarRelated News16 hr. 25 min. ago

‘Problematic power generation doubled electricity cost’

From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

Ong: Electricity cost

Ong: Electricity cost.....»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Japanese offer tech to cut cost of road repairs

Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Cebu Pacific wins accolades as among best low-cost, Safe Airlines

Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Cebu Pacific named among safest budget carriers globally

Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Marcos Jr., Speaker get highest trust, approval ratings in latest survey

President Marcos and Speaker Martin Romualdez garnered high trust and approval ratings in the recent “Boses ng Bayan” national survey conducted by RP-Mission and Development Foundation Inc. for the first quarter of 2024......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

PPP Code IRR out; 20 projects up for approval

Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Labor groups cheer Senate’s approval of P100 wage hike bill

Labor groups cheer Senate’s approval of P100 wage hike bill.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

15 PPP projects up for approval this year

Around 15 public-private partnership projects are expected to be submitted to the National Economic and Development Authority Board for approval this year, according to the PPP Center......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Planned national road closures need Cebu Traffic Board’s review, approval

Planned national road closures need Cebu Traffic Board’s review, approval.....»»

Category: newsSource:  sunstarRelated NewsJan 21st, 2024

Spotify Mulling to Raise Subscription Prices Again

Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024