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Thousands of global leaders gathered in South Korea for building institutional peace
More than 1,800 people from 121 countries, including the United States, the Philippines, Ukraine, South Africa, Pakistan, Thailand, Romania, and India, attended the 9th Anniversary of the September 18th HWPL World Peace Summit held in Incheon, South Korea from September 18th to 21st......»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
Manila International Book Fair 2024 set for September
The Manila International Book Fair will be holding its 2024 edition from September 11 to 15......»»
Cuts in bank reserves unlikely soon – BSP
The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
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......»»
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......»»
Factory activity eases in March
The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»
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 […].....»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
Lambat Bitag Sasakyan confiscates over 7K vehicles since Sept 2022
THE Davao City Police Office (DCPO) announced that it has already confiscated a total of 7,054 vehicles from September 16, 2022 to February 25, 2024, continuously strengthening the police campaign known as Oplan Lambat Bitag Sasakyan......»»
A taste of food heaven
Finkels is the delightful coffee shop and Mediterranean restaurant that opened last September in Plainview, Mandaluyong City......»»
Pia Wurtzbach s wax figure moves to Singapore temporarily
The wax figure of Miss Universe 2015 Pia Wurtzbach by Madame Tussauds is on display at the museum's Singapore branch until the first of September......»»
PSA brings services closer to the people of Tolosa, Leyte
The Philippine Statistics Authority Regional Statistical Services Office (RSSO) VIII in collaboration with PSA Leyte, serve the people of Tolosa, Leyte during the recently concluded “Bagong Pilipinas Serbisyo Fair” (BPSF) held in Visayas State University last 23-24 September 2023......»»