US CPI for December slightly hotter than expected
The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»
Meralco power rates slightly up this month
Rates of Manila Electric Co. are up slightly at the start of 2024......»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
HIRING | Project Team Lead
Duty Station: Davao City, Davao del Sur, Philippines (relocation will not be provided) Application Deadline: 15 March 2024 Type of Contract: Fixed-Term, Full-Time Reporting To: Programme Manager Expected Duration of Engagement: Until December 2026 Expected Start Date: 1 April 2024 Background Mindanao Institute of Journalism (MIJ) is a non-stock, non-profit organisation founded by, and composed […].....»»
HIRING | Project Administrative Officer
The Mindanao Institute of Journalism (MIJ) is hiring a Project Administrative Officer. Duty Station: Davao City, Davao del Sur, Philippines* Application Deadline: 13 March 2024 Type of Contract: Fixed-Term, Full-Time Reporting To: Project Lead Expected Duration of Engagement: Until December 2026 Expected Start Date: 01 April 2024 *relocation will not be provided Background Mindanao Institute […].....»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Climate change made April heat in Asia hotter, more likely — scientists
Exceptionally hot weather across Asia triggered health warnings, forced thousands of schools to close down, killed hundreds of people, and damaged crops......»»
Precarious
The precariousness of our energy situation stares us in the face as the hot months become hotter still. Energy rationing has become a distinct possibility......»»
Issa Pressman sizzles at Kenzo event, bares summer must-haves
Issa and boyfriend, singer-actor-talent manager James Reid, just made summer hotter with their sweet moments at the Kenzo event. .....»»
PAGASA warns: Hotter days ahead in May
Prepare for hotter days and nights ahead, surpassing the already scorching heat as temperatures could reach over 40 degrees Celsius in the coming weeks......»»
Pagasa: Heat index in Cebu to hit 37°C on Black Saturday
CEBU CITY, Philippines – Expect hotter temperatures on Black Saturday in Metro Cebu and the rest of the province, with the maximum heat index forecast reaching 37 degrees Celsius. This forecast has been issued by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) Visayas Regional Services Division on Saturday, March 30. READ MORE: Sunny.....»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
Xinhua world economic news summary at 0830 GMT, Feb. 7
MANILA -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively. (Philippines-Manufac.....»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Pimentel: Jackpot in 5 lotto games bagged since December 2023 unbelievable
Pimentel: Jackpot in 5 lotto games bagged since December 2023 unbelievable.....»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
Rice stocks down 25 percent in December – PSA
The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»
Russia boosting trade with fellow BRICS nation
Turnover with Brazil nearly doubled in December as the South American country ramps up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week. .....»»
From the Newsrooms, December 4 to 9
From the Newsrooms, December 4 to 9.....»»