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Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian
New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»
Central Luzon logs lower crime rate
The Central Luzon police has recorded a decrease of at least 5.9 percent in crime incidents last year......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Dear Hidilyn
You gave it your all to qualify for the Paris Olympics but the new weight classification wasn’t fit for you......»»
PBA All Stars hopping over to Davao next
The PBA is looking at Davao as potentially the next venue for the annual All-Star Weekend as it considers bringing the annual festivities to Mindanao after back-to-back stops in the Visayas......»»
Marcos sees internet access for all via fiber backbone project
The government is ramping up efforts to provide internet access for all Filipinos amid its importance in trade and communication, President Marcos said on Friday......»»
Tighter-than-necessary rate environment on BSP’s radar
The Bangko Sentral ng Pilipinas (BSP) is beginning to see a tighter-than-necessary monetary policy environment, which may call the need to lower interest rates in the second half even if it cuts ahead of the US Federal Reserve......»»
PH Inflation Up To 3.8% in April 2024
The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»
‘Pork prices to go up as DA limits imports’
Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»
Laurel pushing for lower food freight costs
The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»
Philippines unemployment rate up to 3.9 pct in March
MANILA, May 8 (Xinhua) -- The unemployment rate in the Philippines increased to 3.9 percent in March from 3.5 percent in February, the Philippine Statistics Authority (PSA) said on Wednesday. PSA head Dennis Mapa said at a press conference that there were 2 million jobless Filipinos in March this year, higher than 1.8 million unemployed individuals in February. National Economic and Development Authority.....»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Shares gain anew on rate cut hopes
The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»
Davao Region crime rate drops by 13.05%
THE Police Regional Office (PRO-Davao) has reported a significant 13.05 percent decrease in the crime rate across the Davao Region from January to February 2024 compared to the same period last year......»»
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......»»
Gradual BSP rate cuts likely by Q3
The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»
How LMA Law founder sees mentoring, guiding people as legacy
Lawyer Ma. Louella “Peaches” Aranas believes that mentoring her law students, the next generation lawyers to being more conscientious in the matter of paying taxes and thereby contributing to nation building is the best legacy she can leave behind. .....»»