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Market falls amid worries over rate cuts, China growth
Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»
Employment Increased to 96% in the April 2024 Labor Force Survey, PSA
The country’s employment rate increased to 96% in April this year according to the Philippines Statistics Authority’s (PSA) latest report on June 6, 2024. This is higher compared to both April 2023 and January 2024 with a rate of 95.5%. In April of this year, the labor force participation rate (LFPR) was 64.1%, which is […].....»»
NLEX toll rate tataas sa June 4
Muling tataas ang toll rate sa North Luzon Expressway simula sa June 4, 2024. The post NLEX toll rate tataas sa June 4 first appeared on Abante......»»
Eastern Visayas posts 5.1 percent unemployment rate in July 2023
Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
60K Penta vax distributed across Davao Region
FOLLOWING the recorded cases of pertussis or whooping cough in the region, the Department of Health-Davao Region (DOH-Davao) revealed that there are around 60,000 Penta vaccines that have been fairly distributed in the different local government units (LGUs) in the region......»»
Shear line affects over 80-K families in Davao
The shear line in the Davao Region has had a significant impact on over 80,000 families, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). The affected families are spread across Davao de Oro, Davao del Norte, Davao Occidental, and Davao Oriental. Evacuation efforts have been underway, with some families still in shelters. Tragically, casualties have been reported, including fatalities and injuries due to landslides and flooding. The infrastructure has also suffered, with roads and bridges being blocked or damaged. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has been providing relief to affected residents, and the local government units have also contributed aid. In response to the shear line, the OCD-Davao has raised its Blue Alert status, emphasizing the need for intensified monitoring and immediate mobilization of resources. The situation remains challenging, with ongoing flooding and landslides affecting numerous areas in the region......»»
Peso Weakens to P58.27 Against US Dollar, Weakest Since November 2022
The peso continued to weaken to PHP58.27 against the US Dollar last Tuesday, May 22, 2024 — the lowest since November 2022. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said in a statement that the depreciation is in line with other currencies in the region, mainly due to the strengthening of the US […].....»»
Region 8 posts 95.1 percent employment rate in 2022
Among provinces in the region, Samar posted the highest employment rate in Eastern Visayas at 97.4 percent......»»
Negros Island Region isasabatas na
Tiniyak ni Pangulong Bongbong Marcos na lalagdaan niya ang panukalang batas na lilikha sa Negros Island Region (NIR). The post Negros Island Region isasabatas na first appeared on Abante......»»
Wage determination should be region-specific: Dole-Davao
AN OFFICIAL from the Department of Labor and Employment-Davao Region (Dole-Davao) said that the determination of wages should be region-specific, taking into consideration socio-economic conditions, purchasing power, and poverty thresholds......»»
WHO sounds alarm over rising measles cases in Western Pacific region
MANILA, March 1 (Xinhua) -- The World Health Organization (WHO) on Friday expressed alarm over a 255 percent increase in measles cases in 2023 from a year earlier in the Western Pacific Region due to gaps in vaccination coverage, disease surveillance, and travel of people from countries experiencing outbreaks. The UN health agency said the region recorded 5,044 cases in 2023, higher than that in 2021 and 2022 co.....»»
WHO sounds alarm over rising measles cases in Western Pacific region
MANILA, March 1 (Xinhua) -- The World Health Organization (WHO) on Friday expressed alarm over a 255 percent increase in measles cases in 2023 from a year earlier in the Western Pacific Region due to gaps in vaccination coverage, disease surveillance, and travel of people from countries experiencing outbreaks. The UN health agency said the region recorded 5,044 cases in 2023, higher than that in 2021 and 2022 co.....»»
P38 daily wage hike for Davao region workers
DAVAO CITY (MindaNews / 20 February) – The Regional Tripartite Wages and Productivity Board-Davao Region (RTWPB-Davao) has approved a P38 daily increase for minimum wage earners in the region, to be implemented in two tranches starting next month. In an announcement released by the Department of Labor and Employment (DOLE)-Davao on February 19, it said […].....»»
Shear line damages P172-M worth of agri products, infra in Davao region
DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»
Over 600-K affected by shear line in Davao
Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»
Floods displace 83,000 families in Davao Region
DAVAO CITY (MindaNews / 19 January) – Floods brought by heavy rains due to a shear line have uprooted a total of 83,158 families or 349,183 individuals in Davao Region, according to the Office of Civil Defense (OCD) regional office. OCD-Davao Region spokesperson Franz Irag said that as of Friday, 3,648 families or 14,685 individuals […].....»»
Mosang tinulungan ni Judy Ann sa kanyang lowest point
IBINAHAGI ng komedyanteng si Maria Alilia Bagio o mas kilala bilang si Mosang ang pangyayari sa kanyang buhay kung saan tinulungan siya ni Judy Ann Santos. Sa kanyang panayam kay Ogie Diaz na mapapanood sa YouTube channel ng huli noong May 11, naikuwento niya ang mga ponagdaanan sa kanyang buhay. “Ang dami kong pinagdaanan na.....»»
Apple 2024 MacBook Air laptop reaches its lowest price ever, but for a limited time only
Amazon is currently offering an unbeatable deal on the latest 2024 MacBook Air Laptop, with the price now slashed to an all-time low of $989......»»
Remittances plummet to 9-month low in February
Money sent home by overseas Filipino workers went down to its lowest level in nine months in February amid global economic headwinds, data from the Bangko Sentral ng Pilipinasshowed......»»