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Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Philippine inflation rate slightly rises to 3.9 pct in May
MANILA, June 5 (Xinhua) -- The Philippines' inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday. The May inflation rate brings the national average in the first five months to 3.5 percent. In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year.....»»
Aghon heads to Sariaya, Quezon; signal ' 2 up in 4 Luzon provinces
MANILA, Philippines — Tropical storm Aghon slightly intensified as it moved northwestward towards Sariaya, Quezon on Sunday morning, according to the state weather service. Based on its 11 a.m. cyclone bulletin, Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Aghon is nearing the area packing maximum sustained winds of 75 kilometers per hour (kph).....»»
Aghon slightly strengthens over Quezon province
Tropical Storm Aghon (international name: Ewiniar), the country's first cyclone this year, intensified while lingering over Quezon province, state weather bureau PAGASA said on Sunday......»»
Aghon strengthens, 18 areas now under Signal No. 1
More areas in Luzon, Visayas and Mindanao were placed under Tropical Cyclone Wind Signal No. 1 due to Aghon as the tropical depression slightly strengthened, the state weather bureau said Friday......»»
Ladies Philippine Masters: Del Rosario, Constantino catch Bisera at the top
Pauline del Rosario emerged slightly steadier than Harmie Constantino and Florence Bisera in a turbulent finish, salvaging a gritty 73 to forge a three-way tie for the lead heading into the final 18 holes of the ICTSI Ladies Villamor Philippine Masters......»»
InLife 2023 parent company revenues, net income and assets up; records strong 2024 1Q performance
Its 2023 revenues increased by 12% to P24.82 Billion from 22.03 Billion in 2022. Its net income slightly increased by 1.2% to P2.64 Billion compared to P2.61 Billion in 2022. InLife’s Parent Company’s assets increased by 4.3% to P153.54 Billion from P147.17 Billion in 2022. .....»»
Cebu weather: Pagasa forecasts slightly to moderate conditions
CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Credit growth climbs to 11-month high in March
Consumer loans jumped by 25.4 percent to P1.32 trillion in March, slightly faster than the 25.2 percent expansion a month ago......»»
Debt-to-GDP ratio remains above int’l threshold at 60.2%
The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»
Inflation ticks up to 3.8% in April - The Manila Times
MANILA, Philippines: Inflation slightly accelerated last month due to increases in key food items, the Philippine Statistics Authority reported on Tuesday. For three consecutive months, inflation picked up 3.8 percent in April from March's 3.7 percent but was lower than the 6.6 percent recorded in the same month last year. It is well within the estimate of the Bangko Sentral ng Pilipinas (BSP) for the month at 3.5- to.....»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
Philippine inflation rate slightly quickens to 3.8 pct in April
MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»
Gov’t debt slightly drops to P14.93T
The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»
Budget gap widens to P273 billion in 3 months
The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Tulfo over Sara in surveys for 2028 presidential race
Two survey firms, OCTA Research and Pulse Asia, revealed that early presidential frontrunner Vice President Sara Duterte is now slightly edged out by broadcaster turned Senator Raffy Tulfo if both contend for the 2028 presidential race......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Factory gate prices ease in February
Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»