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Inflation rose by 2.5 percent year-on-year in December last year amid seasonal price increases during the Christmas holidays and the typhoons that jacked up food prices, the government reported Tuesday. For the entire 2019, headline inflation averaged…
MANILA, Philippines — Inflation further eased to 2.4 percent year-on-year in July mainly due to stable food prices, including declining retail prices of rice, the government reported Tuesday. The rate of increase in prices of basic commodities…
CEBU CITY, Philippines –Low cost carriers still face bright prospects, said Carmelo Arcilla, executive director of Civil Aeronautics Board. He said that the Philippines remains to be among the fastest growing passenger market in the world. According…
CEBU CITY, Philippines — Cebu will experience fair weather this Saturday, January 19, where Cebuanos will be expected to flock to the Cebu City ports to witness the fluvial procession of the images of Our Lady of…
SEOUL, South Korea — The withdrawal of a major international aid organization threatens to leave tens of thousands of tuberculosis patients in North Korea without the medication they need and could spiral into a severe crisis if…
Amid a continuing depreciation of the peso versus the dollar, the local exporting industry is supposedly seen to benefit. However, local business leaders have noted that despite the opportunity for exporting to flourish with the depreciation of…
The peso dropped anew to its lowest level in almost 13 years as investors fled to dollar assets, spooked by the country’s record high inflation for August and aggravated by a broad emerging markets selldown around the…
Policemen with ranks ranging from police officer 1 to police officer 2 shall be assigned to help operatives of drug enforcement units. Senior Supt. Royina Garma, director of the Cebu City Police Office (CCPO), made this…
The peso fell to its weakest level in 12 years on Wednesday as traders digested dovish statements of Bangko Sentral ng Pilipinas officials that made financial markets uncertain about another interest rate hike next week to help…
With the summer season in full swing, it is the Metro Cebu consumers who will feel the full brunt of the water shortage warned of by the Metro Cebu Water District (MCWD) last week. In issuing the…
THE public will have to brace for low and interrupted water supply in Metro Cebu in the coming weeks. The Metropolitan Cebu Water District (MCWD) announced that the volume of potable water produced will start to decline…
FOR water vendor Nancy Panganiban, 52, a kilo of rice is barely enough to provide a solid meal for her family of eight. While she stays with her daughter’s family in Brgy. Pasil, Cebu City, she also…
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