NCR construction material price growth eases in March
Retail prices of construction materials in Metro Manila went up at its slowest pace in more than four years in March, according to the Philippine Statistics Authority......»»
DA, DTI urged to enforce stricter price monitoring during Holy Week
A lawmaker has called on the Department of Agriculture and the Department of Trade and Industry to keep an eye on possible price surges during the Holy Week and set suggested retail price on basic commodities......»»
Fuel price cut expected this week
Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»
NFA mulls hike in selling price
The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»
Oil price hike expected on February 20
After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»
Nine SKUs post price hike in latest SRP bulletin
Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»
Davao City Council moves hearing on traffic-causing road construction works
DAVAO CITY (MindaNews – 26 March) – The Davao City Council rescheduled to Tuesday, April 2, the second hearing on the suspended road construction works in the locality after key officials from the Department of Public Works and Highways (DPWH) – Davao region failed to show up Friday. The DPWH-Davao key officials are reportedly in […].....»»
Newly Certified Lead Safe Paints Launched at Philippine World Building and Construction Exposition
14 March 2024, Pasay City/Quezon City. The thriving paint industry in the Philippines marked another milestone with the launch today of duly certified Lead Safe Paint (LSP) products at the Philippine World Building and Construction Exposition, or the WORLDBEX 2024. The event was graced by government, industry, and civil society leaders, as well as by basketball players from the.....»»
Training program on construction law and contracts
The Center for Global Best Practices will host a two-session MCLE-accredited online training titled “Best Practices Guide to Construction Law and Crafting Contracts” on March 13 and 14 via Zoom......»»
Number of jobless Filipinos eases in February
The number of unemployed Filipinos decreased in the second month of 2024, posting an unemployment rate of 3.5%, the Philippine Statistics Authority reported on Thursday......»»
Jobless rate eases to 3.5% in February
The country’s unemployment rate declined in February as more employment opportunities were created in the wholesale and retail trade and agriculture sectors, according to the Philippine Statistics Authority......»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
Inflation eases to 2.8 percent in January
Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
Philippines keeps eye on price manipulators amid El Nino
MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»
Philippines keeps eye on price manipulators amid El Nino
MANILA, March 7 (Xinhua) -- Amid the El Nino dry spell and drought, the Philippines will intensify its efforts to ensure a sufficient supply of basic goods and commodities and monitor possible manipulation of their prices, an official said on Thursday. Gilberto Teodoro Jr., chair of the governmental task force on El Nino, has urged the Department of Trade and Industry to intensify market price and supply monitor.....»»
LPG price: P3.30 more for every 11-kg tank
MANILA, Philippines — The price of cooking gas has gone up again and this is the third month in a row that this happened. An increase of P0.30 per kilogram in liquefied petroleum gas (LPG) prices effective Friday, March 1 was announced by Petron Corp. in an advisory. READ: Gasoline prices to be slashed by.....»»
A new NCR
I have noticed in my 70 years of living in the Philippines that our government hardly plans ahead to provide for potential catastrophic situations that scientists have warned about. Bahala na. Anyway, Filipinos are a resilient people… survivors......»»
MMDA: E-vehicle ban on nat l NCR roads to take effect on April 15
Electronic vehicles will be officially prohibited on national roads of the National Capital Region starting April 15, the Metropolitan Manila Development Authority said on Monday. .....»»
MMDA, DoTr umalma sa ‘World’s Worst Traffic’ list, duda na no. 1 ang NCR
MATAGAL nang problema sa ating bansa, lalong-lalo na sa Metro Manila ang matinding traffic. Pero sa kabila niyan, patuloy pa rin ang paghahanap ng solusyon ng ating gobyerno upang tuluyan nang maresolba ang tumitinding sitwasyon. Sa isang press conference, tiniyak ng Metropolitan Manila Development Authority (MMDA) ang pagpapatupad ng necessary traffic management interventions kasunod ng.....»»