Market expected to sustain uptick
Investors will be on the lookout for positive catalysts this week in a bid to sustain the stock market’s climb last week......»»
Power reserve market starts full commercial operations
The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
DOH says COVID-19 cases ‘mild, manageable’ despite uptick
The Philippines reported an average of only 202 COVID-19 cases daily for the week of May 14 to 20. .....»»
DOH: Philippines keeps low COVID-19 risk despite rise in cases
While an uptick was observed, it was smaller than previous increases, and travel restrictions are not warranted, the DOH said. .....»»
Mixed movements in oil prices seen next week
Pump prices of fuel products may see mixed movements next week, with gasoline continuing its downward trend and an uptick in diesel and kerosene prices following a recent rally in global oil prices......»»
Jobless Filipinos hit 2 million in March 2024 — PSA
During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»
PH Inflation Up To 3.8% in April 2024
The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
BSP leaves interest rates unchanged
The Bangko Sentral ng Pilipinas opted to keep interest rates unchanged at a near 17-year high for the fourth straight meeting yesterday, following the inflation uptick in March and as monetary authorities continue to be vigilant against upside risks......»»
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......»»
BSP: Inflation surpassed target in March
Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»
‘No surge in pertussis hospital admissions’
There was only a slight uptick in hospital admissions due to pertussis despite the reported increase in cases in the country, the Private Hospitals Association of the Philippines Inc. reported yesterday......»»
Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline
US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»
Meralco power rates slightly up anew in March
This would be the electricity concessionaire’s third consecutive power rate uptick this year. .....»»
Norovirus outbreak in US leads to more than 1,000 students missing school
Norovirus cases surge in the U.S., Northeast region hit hardest Data from the Centers for Disease Control and Prevention (CDC) has revealed a concerning uptick.....»»
History-making Alas Pilipinas to remain intact
The Philippine National Volleyball Federation on Thursday announced it would keep the Alas Pilipinas team that claimed a historic AVC Challenge Cup bronze medal while adding a few more players to the mix to sustain the growth it had recently......»»
EastWest Bank sees sustained profit gains
Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»
Zambales fishers need larger boats, modern equipment for WPS
On top of safe access to Bajo de Masinloc or Scarborough Shoal, Zambales fishermen would need larger boats and updated fishing equipment so that they can gain comparative advantage and sustain their livelihood from the West Philippine Sea......»»
Eton gears up for expansion
Eton Properties Philippines Inc., the real estate unit of the Lucio Tan Group, is gearing up for expansion to sustain growth in the coming years......»»