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Government steps up spending in April
The government increased its releases of cash allocations and state agencies were able to improve their spending rate as of April, latest data from the Department of Budget and Management (DBM) showed......»»
The Fed s meeting notes: Lack of further progress on inflation
The US Federal Reserve (the Fed) [link] released the minutes of the meetings held by the Federal Open Markets Committee (FOMC), the body charged with making the decision on interest rates, and a reading of the minutes revealed concern by officials that “recent monthly data had showed significant increases in components of both goods and services price inflation”, and that “in recent months there had been a lack of further progress toward the Committee’s 2 percent objective.”.....»»
PNP shuts down online gun transactions
The Philippine National Police has shut down gun-related online transactions due to a data breach attempt in the system of the Firearms and Explosives Office......»»
The Minnesota Timberwolves reach conference finals brimming with talent and tenacity
DENVER (AP) — The Minnesota Timberwolves reached the Western Conference finals brimming with talent, trust and tenacity after staging the biggest Game 7 comeback since the NBA began tracking play-by-play data 28 years ago. The Wolves trailed the Denver Nuggets by 15 points at halftime Sunday night and by 20 points just over a minute into.....»»
Market grows on positive data projection
Investors went on a buying spree to power up the local stock market yesterday, anticipating positive hints of rate cuts both here and abroad......»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Stocks end week lower as investors digest Q1 data
Investors preferred to err on the side of caution yesterday, dragging down the market to its second consecutive loss......»»
Philippines total external trade shrinks by 15.4 pct in March
MANILA, May 8 (Xinhua) -- The Philippines' total external trade in goods recorded a year-on-year decrease of 15.4 percent in March to 15.44 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Wednesday. Of the total external trade in March, 60.3 percent were imported goods, while the rest were exported goods, the agency said. The PSA data showed the trade deficit in March amounted to 3.....»»
Mactan airport records higher passenger traffic for Q1 2024
CEBU CITY, Philippines — The country’s second busiest airport welcomed close to 3 million passengers for the first quarter this year. Passenger traffic at the Mactan Cebu International Airport (MCIA) reached 2,692,815 from January to March 2024, data from the Mactan Cebu International Airport Authority (MCIAA), the government body co-managing the airport, showed. The figures.....»»
LIST: Tree cover loss in Cebu per area
CEBU CITY, Philippines – Since 2001, Cebu, home to over 5 million people and the largest economic hub outside the capital Manila, has lost thousands of hectares of tree cover. At least 10.1 kilo-hectare, or around 10,100 hectares of tree cover in Cebu, were depleted in a span of 20 years, data from Global Forest.....»»
EDITORIAL - Honoring the heroes
Murals were painted in recognition of their sacrifices and they were hailed as heroes of a pandemic that has killed over seven million people and infected 775,364,261 between Jan. 5, 2020 and April 21 this year, based on official data......»»
Underutilized bike lanes? Rappler checks on number of cyclists on EDSA
By: CMFR StaffPosted on: May 6, 2024, 2:34 pm CHEERS TO Rappler for exposing the skewed data that Metropolitan Manila Development Authority (MMDA) has been using to justify its opposition to the widening of bicycle lanes in the city. Pia Ranada checked with different groups worki.....»»
Underutilized bike lanes Rappler checks on number of cyclists on EDSA
CHEERS TO Rappler for exposing the skewed data that Metropolitan Manila Development Authority (MMDA) has been using to justify its opposition to the widening of bicycle lanes in the city. Pia Ranada checked with different groups working on urban mobility to point out the huge discrepancy betwee.....»»
SC: Case disposition rates in lower courts up in 2023
Citing data from the Office of the Court Administrator, the SC said that case disposition rate of lower courts have increased in 2023......»»
Magnitude 6 earthquake shakes Leyte
CEBU CITY, Philippines — A magnitude 6.0 earthquake has rattled Leyte, Philippines, on the early evening of Friday, May 3. According to the data released by the Philippine Institute of Volcanology and Seismology (Phivolcs), the seismic activity occurred at 06:16 p.m. local time. Its epicenter pinpointed at coordinates 10.83°N, 125.30°E, approximately 32 kilometers south and.....»»
Drug-affected barangays down to 7,004 – PDEA
The number of barangays that remain drug-affected is down to 7,004, data released by the Philippine Drug Enforcement Agency on Wednesday night showed......»»
Meat imports up 3 percent in Q1
The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»
CV records ‘fastest growing economy’ among all regions in PH
CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»
Pertussis cases still rising in Philippines– DOH
Pertussis cases are still on an upward trend after data showed more than 1,500 infections were recorded as of April 13, the Department of He.....»»
El Nino pattern costs Philippine agriculture over 68 mln USD
MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»