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ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Analysts expect inflation at around 3.8% for March

A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DepEd, DOH, DSWD top performing agencies – survey

The Department of Education received the highest satisfaction rating and remained the most trusted among government agencies included in a survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

DHSUD affirms support to local government, agencies

Firm support of local government units and bolstered coordination with other agencies has been committed by the Department of Human Settlements and Urban Development after the signing of a joint memorandum circular on public financial management......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

OFW aspirants told: Engage with licensed recruitment agencies only

CEBU CITY, Philippines — The regional director of the Department of Migrant Workers in Central Visayas (DMW-7) warned aspiring Overseas Filipino Workers (OFWs) to engage with only legitimate and licensed recruitment agencies. Lawyer Karl Arriola, DMW-7 director, told CDN Digital that even if he was a lawyer, he still subscribed to the doctors’ advice: Prevention.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

SEC to share data with more government agencies

The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Agencies’ budget usage rate improves to 70 percent

State agencies recorded a better spending rate at the start of the year as the government ramped up the release of its cash allocations to fund various projects......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

House panel probes PUVMP agencies

Claiming that the government’s public utility vehicle modernization program is going nowhere, House of Representatives transportation committee chair Rep. Romeo Acop has launched an investigation into the financial statements of the government agencies implementing the PUVMP......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Hold agency heads accountable for Gov website, email hacking

A network of digital advocates urged the government to hold accountable the heads of the agencies affected by the hacking of government sites and emails. Digital Pinoys national campaigner Ronald Gustilo said that the heads of agencies affected by the hacking on government email and websites should be dealt with swiftly as the attacks came […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Nat’l, local agencies in San Carlos plan for disasters, emergencies

Nat’l, local agencies in San Carlos plan for disasters, emergencies.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

State agencies have more time to spend 2024 budget

The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

President Marcos orders government agencies: Consolidate tourism services

To lure more foreign visitors to the Philippines, President Marcos has ordered government agencies to consolidate all tourism services, from flight and hotel booking to arranging drivers and tour guides. .....»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024