We are sorry, the requested page does not exist
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 […].....»»
Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
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......»»
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.....»»
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 […].....»»
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......»»
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.....»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
More banks keen on green financing – BSP
More banks in the Philippines have expressed interest to finance green and sustainable projects in the country amid the need to fund efforts that would mitigate impacts of climate change......»»
P15.5 billion calamity fund ready for El Niño
Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management (DBM) said yesterday......»»
PLDT taps ACEN for renewable shift
Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»
Ilocos farmers get P28.4 million aid amid El Niño
Farmers in La Union, Ilocos Sur, Ilocos Norte and Pangasinan have received agricultural supplies worth P28.4 million from the Department of Agriculture to mitigate the effects of El Niño......»»
BSP explores impact of Gen AI in banking
The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»
Green groups seek relocation of planned wind farm outside Masungi
Shifting to cleaner energies like solar and wind is essential to mitigate the impacts of climate change. However, environmental organizations stressed that clean energy initiatives should not come at the expense of the country’s natural heritage......»»
Mandatory rainwater system in houses to reduce flooding sought
With the regular recurrence of dry spells, it is time to make the installation of a rainwater collection system “mandatory” in all buildings, residential or commercial, if only to mitigate flooding, according to a senior administration lawmaker......»»
Bill legalizing motorcycle taxis pushed
Speaker Martin Romualdez yesterday served notice to his colleagues in the House of Representatives about the “prioritization” of measures that will help mitigate the burden of commuters in public transportation, like the proposal to utilize motorcycle taxis......»»
From reactive to proactive: Bill pushes early action to mitigate climate disasters
Under House Bill 9935 filed by Rep. Jose Manuel Alba (Bukidnon), declaring a “state of imminent disaster” allows using national and local resources for proactive measures before a disaster. .....»»
LGUs, agencies urged to use geohazard maps
Former environment secretary Lito Atienza has urged concerned agencies and local government units to use geohazard maps prepared by the Department of Environment and Natural Resources to mitigate impacts of natural disasters on human life......»»
Department of Agriculture to farmers: Replant immediately
The Department of Agriculture is urging rice farmers tilling at least 26,000 hectares to immediately replant palay after their harvest to mitigate the impact of El Niño on rice output......»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»