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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

BSP collects P649 million from coin deposits

The Bangko Sentral ng Pilipinas has collected more than P600 million worth of coins as part of efforts to bring these back to circulation and address the shortage due to improper storage or disposal......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BSP collects P510 million via coin deposit machines

The Bangko Sentral ng Pilipinas has collected over half a billion pesos worth of coins as part of efforts to bring them back to circulation and address the shortage due to improper storage or disposal......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

VP Sara mum on political issues

AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Stock traders to keep track of inflation, earnings data

Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Malacañang heritage concerts to bring students closer to arts

Malacañang will hold concerts at the Goldenberg Mansion to bring students closer to the arts......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Shear line, monsoon to bring rains in Luzon, Visayas

The shear line or meeting of cold and hot air will continue to bring rain in parts of Southern Luzon and the Visayas today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Respect

The claim of the Department of Energy that NGCP refuses to recognize their authority to regulate the grid operator reflects badly on the government’s ability to govern. Unfortunately, it seems that DOE has left it at that and is just hoping ERC will pick up the slack......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Senate issues arrest order vs Quiboloy

"We are signing the order to protect our committee system, to preserve the Senate's power of inquiry with the process to enforce it.".....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

SC junks petition vs PUVMP order due to procedural issues

The Supreme Court has rejected a petition from a coalition of jeepney operators and drivers challenging the constitutionality of a provision in the Department of Transportation Order for the Public Utility Vehicle Modernization Program......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

`Mail order’ bride kinalawit sa airport

Isang babae ang dinakma sa airport matapos mabisto sa `mail order’ bride modus. The post `Mail order’ bride kinalawit sa airport first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

DOJ sa isyu ng ex-glam team ni Heart: Walang hold departure order

  DINENAY ng Department of Justice (DOJ) ang mga kumakalat na balitang may hold departure order ang dating ex-glam team ni Heart Evangelista. Naging laman ng balita ang dating glam team ni Heart matapos hindi matuloy ang kanilang paglipad sa Dubai para kitain sina Pia Wurtzbach at Mark Bumgarner dahil sa umano’y hold departure order.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Amihan to bring light rain on Valentine’s Day — Pagasa

MANILA, Philippines — The northeast monsoon or amihan may bring some light rainfall over parts of Northern and Central Luzon, including Metro Manila, today, February 14. This meant that most Filipinos can expect clear skies and pleasant weather for Valentine’s Day this year. In a morning report, state weather specialist Obet Badrina predict generally fair.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

PSEi to stay at 6,700 ahead of inflation data

The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Balik-Tanaw | The dissident love of Jesus

The readings for Palm Sunday begin with narrating the triumphant entry of Jesus and His disciples to Jerusalem. According to the story, Passover and the Feast of the Unleavened Bread is coming in two days’ time and a lot of Jews will go up to Jerusalem to celebrate the feast. As observant Jews, Jesus and his disciples came to Jerusalem in observance of the feast that will take place (John 12: 12-16; Mark 14:1-15). When they drew near Jerusalem, to Bethphage at the Mount of Olives, Jesus instructed his two disciples to go to a village where they will find an ass and to bring it to him. Jesus rode on the ass when he entered Jerusalem. The people accompanied him and they held palm branches while crying out, ‘Hosanna! Blessed is he who comes in the name of the Lord! Blessed is the kingdom of our Father David that is to come! Hosanna in the highest!’ (Mark 11:1-10). The post Balik-Tanaw | The dissident love of Jesus appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 23rd, 2024

FPRRD opposes disguised Charter change initiative

Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

How can facing pain honestly bring healing?

How can facing pain honestly bring healing?.....»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024