PhilHealth members’ contribution rises to 5% in 2024
MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) members will see a premium contribution hike from four to five percent this year. The increase is in line with the Universal Health Care (UHC) law, according to PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. “Kailangan natin ng pondo para matugunan ang ating mga nasimulang.....»»
Inflation rises 3.4% in February, ending 4-month decline
The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»
Davao death toll rises to 27 in landslides, floods
The death toll from landslides and floods in the Davao Region has risen to 27, up from the previous report of 21 deaths on Tuesday, February 6, 2024, according to the National Disaster Risk Reduction Management Council (NDRRMC)......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
NEWS BRIEFS | 03 June 2024
House members to visit Marawi on June 4 The Adhoc Committee on Marawi Compensation and Victim Compensation, led by House Speaker Ferdinand Martin Romualdez, will visit Marawi City tomorrow (Tuesday), June 4. Rep. Zia Alonto Adiong (1st District, Lanao del Sur) said Romualdez and the committee members will visit the Most Affected Area (MAA) and meet […].....»»
Cebu Daily Newscast: Two women arrested in Cebu for stealing during Sinulog festival
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, January 23, 2024. ‘Salisi Gang’ members nabbed during Sinulog Two women believed to be members of a ‘salisi gang’ were arrested here while trying to steal valuables from unsuspecting individuals during the Fiesta.....»»
Academy members cast final votes for Oscars 2024 nominees
The official nominees in each of the 23 categories will be announced on January 23, and Academy members will commence final voting on January 27......»»
Death toll from fishing boat fire in Philippines rises to 6
MANILA, June 6 (Xinhua) -- The death toll from the fire that broke out on a fishing boat in the central Philippines late Wednesday night has risen to six, the Philippine Coast Guard (PCG) said Thursday. In a statement, the PCG said six bodies had been recovered and that six other people survived the accident. Of the six survivors, one is in critical condition due to a third-degree burn. The boat caught fi.....»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Death toll from fishing boat fire in Philippines rises to 6
MANILA, June 6 (Xinhua) -- The death toll from the fire that broke out on a fishing boat in the central Philippines late Wednesday night has risen to six, the Philippine Coast Guard (PCG) said Thursday. In a statement, the PCG said six bodies had been recovered and that six other people survived the accident. Of the six survivors, one is in critical condition due to a third-degree burn. The boat caught fi.....»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Singson rises above challenges to lead in China LPGA
Mafy Singson overcame numerous challenges – emotional stress, lack of practice and a shaky start – to fire a stunning 68, finding herself the bewildered leader after 18 holes of the Golf Liquor Guangdong Women’s Open......»»
Ormoc City fishing town fears displacement as ‘mega city’ rises
Fisherfolk and environmentalists oppose an P80-million township by Premium Lands Corporation, fearing it will devastate their homes, livelihood, and local biodiversity.....»»
‘The sun also rises in the North’
As soon as I opened my car window when I reached the driveway of the main lobby of the newly opened Solaire Resort North to ask the hotel staff where to park, I caught a whiff of Solaire Resort’s signature scent, a citrus fragrance of sorts......»»
Philippines healthcare worker gap rises to 190,000
MANILA, May 22 (Xinhua) -- The number of healthcare workers shortage in the Philippines has risen to 190,000 even as the Southeast Asian country continues to export health workers, Philippine Health Secretary Teodoro Herbosa said on Wednesday. Herbosa said the healthcare workers include doctors, nurses, midwives, dentists, physical therapists, medical technologists, laboratory technicians, and radiologic technol.....»»
Government infrastructure spending rises to P220 billion in Q1
The government increased its infrastructure spending to almost P220 billion in the first quarter, mainly to finance road and defense projects, the Department of Budget and Management said......»»
How to Navigate a Price Increase and Still Make Customers Happy
Running a business is not easy, especially when you are going to make tough decisions that would make or break it. One of these dreadful situations is adjusting your prices, specifically increasing them. There are times when the cost of making your products rises, forcing you to increase it as well. Increasing your prices might […].....»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
Factory output rises to 5-month high in February
Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics Authority......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»