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Climate shocks on inflation can last up to 4 years – BSP

Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippine inflation rises to 3.4 pct in February

MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

Quick look at the week ahead

Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Old Colleagues

Former President Rodrigo Duterte is welcomed by his former colleagues in the City Government of Davao—(L-R): Tonying Llamas, Wendell Avisado, and Verner Monsanto—at the Grand Men Seng Hotel in Davao City Tuesday evening (30 January 2024). Duterte faced the press anew for his squabble with President Ferdinand Marcos Jr. MindaNews photo.....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Duterte says Marcos risks same fate as dictator father amid charter change push

In a fiery speech Sunday evening, Duterte accused his predecessor of being a “drug addict” and of trying to amend the Constitution to prolong his term of office. .....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

No comeback for Duterte in 2025: ‘I’m retired’

Former president Rodrigo Duterte announced Saturday evening January 6 that he is not eyeing a comeback in the 2025 elections......»»

Category: newsSource:  davaotodayRelated NewsJan 10th, 2024

Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’

Matapos akusahang ibinenta ang Scarborough Shoal sa China, rumesbak si dating Senador Antonio Trillanes IV at sinabing ang kampo ni dating Pangulong Rodrigo Duterte ang kumita dahil sa deal sa Beijing. The post Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’ first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China

Ayon kay dating Associate Justice Antonio Carpio, isinuko ni Duterte ang mga karapatan ng bansa sa Ayungin Shoal dahil sa kasunduan nito sa China. The post Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

Sara: No political discussions with Marcos Jr., Duterte

Vice President Sara Duterte has neither been discussing with her father, former president Rodrigo Duterte, nor with President Marcos any of her political plans or stand on national issues......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Drop Cha-Cha bid ‘and everything will be heaven tomorrow,’ Duterte tells Marcos

DAVAO CITY (MindaNews / 31 January)— Former president Rodrigo Duterte said “everything will be heaven tomorrow” and “happy days are here again” if President Ferdinand Marcos Jr. drops “like a hot potato” attempts to change the 1987 Constitution through People’s Initiative. Duterte, in a press conference Tuesday night at the Grand Men Seng hotel, also […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Honasan seeks ceasefire between feuding Marcos, Duterte camps

MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024