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DA working double time to increase rice production at lower cost amid inflation
The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»
Telco licensing needs to be reformed – study
The government has to revamp the licensing system for connectivity providers as an initial step to bringing down the cost of internet as well as improving accessibility and reliability, according to a study......»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
Pork belly retail price hits P420/kilo
The retail price of pork belly or liempo has reached as high as P420 per kilo amid the upward trend in its cost, according to data from the Department of Agriculture ......»»
Power spot market prices lower in 2023
The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»
CebuPac receives 1st plane delivery for 2024
Low-cost carrier Cebu Pacific is kicking off the year with the addition of a new aircraft, the first of 17 deliveries that it expects for this year in line with efforts to expand its fleet......»»
High rates dampen credit growth in 2023
he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»
Quiban regains Asian Tour card, ties for 3rd
Justin Quiban skidded in a final round meltdown that cost him the Asian Tour Qualifying School Final Stage top honors but hardly spoiled his bid for a Tour card as he tied for third with a 73 at the close of the five-round elims in Hua Hin, Thailand Saturday......»»
Special rice retail prices shoot up to P70/kilo
Retail prices of special rice have reached as high as P70 per kilo amid the continued spike in the cost of the staple......»»
EDITORIAL — The cost of negligence
As of early evening yesterday, the death toll from a vehicular collision in Cotabato stood at 17, with four others needing hospitalization for injuries and severe burns......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
Government tackling high construction costs
The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»
Banking 101: Unmasking Financial Lingo
Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»
Legarda, Belmonte distribute livelihood packages
s a response to the increasing cost of living, Sen. Loren Legarda and Quezon City Mayor Joy Belmonte distributed livelihood packages on Thursday to around 1,400 residents through the Department of Labor and Employment integrated livelihood program......»»
Groups urge, caution Recto on wealth tax
Finance Secretary Ralph Recto should consider taxing the wealthy if he is hell-bent on widening the country’s fiscal space, but such a move may boomerang and cost him his political goals, if any, yet again......»»
Millennials, Gen Zs seen to lift travel demand
Low-cost carrier AirAsia Philippines is banking on the youth to carry the travel demand this year, as they tend to involve their loved ones in their plans, increasing spending on trips......»»
Aumentado pushes P100M rehab of Alona Beach in Panglao
MANDAUE CITY, Cebu — Bohol Governor Erico Aris Aumentado said that he was in close coordination with Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the planned rehabilitation of Alona Beach in Panglao town. The project is estimated to cost at least P100 million, Aumentado said in an advisory that was posted on his social.....»»
PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna
The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»
Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
Government urged to redirect Cha-cha funds to boost education system
Quetua described the projected cost of holding a Charter change plebiscite as a “stark misallocation of resources” at a time when teachers and students are dealing with “overcrowded and inconducive learning environments." .....»»