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CEBU CITY, Philippines — An official from the National Food and Authority in Central Visayas (NFA-7) said that there is sufficient supply of NFA rice ready in case of calamities or disaster. “We assure the public that…
MANILA, Philippines — Retail prices of rice in Metro Manila started to decline on Tuesday, the first day the price ceiling on the Filipino staple food took effect, according to a monitoring conducted by the Department of…
MANILA -Headline inflation revved up to 5.3 percent in August, after waning throughout the previous six months, bringing the average since January to 6.6 percent, according to the Philippine Statistics Authority. The result for August is closer…
MANILA, Philippines — The House of Representatives is earmarking P2 billion to ease the impact of the price ceiling on rice on retailers who bought their stocks above the cap of P41 a kilogram for regular-milled and…
CEBU CITY, Philippines — Motorists will continue to bear the brunt of another price increase on fuel this week, which has been hiked again and this time by up to P2.50 per liter effective Tuesday, August 15.…
The Philippine Long Distance Telephone (PLDT) Company used to have a monopoly on telephone services, and Philippine Airlines (PAL) on domestic airline services in the country. It took over six years from when my wife filed an…
MANILA -Pump prices of petroleum products will have mixed movements on Tuesday, July 11, 2023, according to local oil firms. In separate advisories, the oil companies said they would raise the price of diesel by 75 centavos…
MANILA -Inflation in the Philippines eased for the fifth consecutive month in June to 5.4 percent, the lowest in 13 months, according to the Philippine Statistics Authority. This brought the average inflation rate in the first semester…
LONDON – A total of 130 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a closely-followed study shows. The research…
As expected, the economy grew at a significantly slower pace in the first quarter of this year (6.4 percent) than it did a year ago (8.3 percent). There are several reasons for this. On the production or…
CEBU CITY, Philippines — Should cyber attacks hit all critical infrastructure, revenue losses in the Philippines could reach as high as P6.15 billion per day. And this is why cybersecurity experts urged stakeholders, including the government, to…
MANILA, Philippines — President Ferdinand Marcos Jr. has issued an executive order (EO) on the formation of an inter-agency committee, which will be tasked to address inflation and boost the country’s economy, the Presidential Communications Office (PCO)…
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