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20-man USAR team sent to Masara cited
THE City Government of Davao, through the Human Resource and Management Office and the Davao City Hall Employees Association (Dachea), on Monday recognized the efforts of the members of the City Disaster Risk Reduction and Management Office's Central 911 Urban Search and Rescue team in the recovery efforts in landslide-hit barangay of Masara in Maco, Davao de Oro......»»
Police: No truth to bomb threat at PI’s prayer rally
The Davao City Police Office (DCPO) has debunked a text message claiming a bomb threat at the People's Initiative (PI) “Unity for One Nation, One Prayer” rally in San Pedro Square. The message warned of possible explosions at Rizal Park, one of the rally venues. Despite the lack of credible threats, the police urged vigilance and cooperation from the public for safety. Approximately 300 police personnel were deployed to secure various rally points, with additional support from volunteers and security clusters. Task Force Davao also activated a high alert status as part of the city's security measures. Captain John Louie Dema-ala confirmed that the circulating threat was unfounded and aimed at intimidating rallyists. Despite this, nearly 17,000 Dabawenyos joined the rally to oppose the proposed Charter change (Cha-cha) movement. The police and security forces remain vigilant and are conducting ongoing investigations into the social media threat......»»
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......»»
CTTMO heightens 20-sec rule for PUVs
The City Transport and Traffic Management Office (CTTMO) in Davao City is intensifying the enforcement of the 20-second rule for public utility vehicles (PUVs) in loading/non-loading areas to alleviate traffic congestion during peak hours. CTTMO Head Dionisio Abude announced that 36 new traffic personnel will be assigned to monitor yellow boxes and ensure that PUVs, particularly jeepneys, do not exceed the 20-second limit in designated areas. Violators will be issued citation tickets for disregarding traffic signs, and those with expired or fake PUV IDs will face penalties. Additionally, the CTTMO is increasing efforts to curb illegally parked cars and urging drivers to keep intersections clear. These measures, along with the enforcement of the new speed limit policy, aim to promote safe and orderly traffic. Abude emphasized the importance of motorists' cooperation in respecting traffic rules and regulations for a disciplined and courteous driving environment......»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
Philippine inflation rate slightly quickens to 3.8 pct in April
MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
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 […].....»»
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.....»»
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......»»
‘Inflation uptick far from over’
The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»
75% dissatisfied with government effort vs inflation – poll
Despite the easing inflation reported in recent months, three in every four Filipinos now say they are dissatisfied with the government’s efforts to control the rising cost of basic commodities, a recent survey conducted by the OCTA Research group showed......»»
Davao Light pushes for paperless billing
The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»
Date night inflation: Cost of flowers and condoms this Valentine’s Day 2024
Good news for lovebirds this Valentine's Day: Inflation has eased......»»
Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
Calinan District residents protest vs disguised Cha-cha
Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»
Palace on corruption index: Philippines in right direction
The slight improvement of the Philippines in the latest Corruption Perception Index of Transparency International shows that the country is headed in the right direction even as it serves as a continuing challenge to the Marcos administration to do better, Malacañang said on yesterday......»»
Pro Tip: If It’s Too Good To Be True, It’s Probably a Scam
The allure of seemingly unbeatable opportunities can and will always be tempting, especially for those willing to risk it all for the promise of financial freedom with minimal effort. However, there’s a fundamental saying that can serve as a very good reality check against these opportunities: If it’s too good to be true, it probably […].....»»