How much does each commodity group contribute to October inflation?

Source BusinessWorld

The level of the country’s dollar defenses against economic imbalances improved but remained below $100 billion in October, according to the Bangko Sentral ng Pilipinas (BSP)...

Read More

The Philippine government is seeking a $600-million loan from the World Bank (WB) to support reforms that would help achieve a “resilient, inclusive and sustainable financial sector.”

Read More

The country’s economic growth is expected to slow in the third quarter compared to the April to June period, according to Moody’s Analytics...

Read More

Full-year economic growth expectations will have to be tempered given an expected third-quarter slowdown and the possibility of a further deceleration in the last three months of the year, analysts polled by The Manila Times indicated...

Read More

Inflation in the Philippines will likely remain elevated for longer than expected, as upward price pressures in the global food market remain, dragging on the recovery of domestic supplies ravaged by a recent series of typhoons...

Read More

The jobless rate declined in September despite firms and businesses contending with piping hot inflation that suppressed the public’s purchasing power...

Read More

Economists have expressed their support for the tree-growing agreement bill filed in both houses of Congress to increase the country’s forest cover and mitigate disasters caused by floods and heavy rainfall...

Read More

President Ferdinand “Bongbong” R. Marcos Jr. is eyeing the issuance of a new Executive Order (EO) for the implementation of the government mandate to reserve its idle lands for housing projects...

Read More

The Energy Regulatory Commission (ERC) is in the process of determining the extent of subsidies to be granted to marginalized power users following the signing of the implementing rules and regulations (IRR) of Republic Act (RA) 11552...

Read More

Electricity consumers in the marginalized sector are now assured of sustained subsidies from the government...

Read More

Proposals that seek to require the Philippine Merchant Marine Academy (PMMA) to get one cadet from each Congressional district in the country have been approved at the committee level of the House of Representatives...

Read More

The Energy Regulatory Commission (ERC), Department of Energy (DOE) and Department of Social Welfare and Development (DSWD) have signed the implementing rules and regulations (IRR) to provide subsidy to marginalized electricity consumers...

Read More

President Ferdinand “Bongbong” R. Marcos, Jr. will push for greater international participation of local businesses and safe passage for seafarers affected by the pandemic, when he attends the Asia-Pacific Economic Cooperation (Apec) Summit in Bangkok, Thailand next week...

Read More

President Ferdinand "Bongbong" Marcos Jr. is expected to lay down his administration's economic agenda when he meets with his foreign counterparts at the annual Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting (AELM) in Bangkok, Thailand on November 16 to 19...

Read More

A Philippine delegation taking part in the upcoming Universal Periodic Review (UPR) of the United Nations Human Rights Council has urged the Marcos administration to be truthful, saying that “nothing short of an honest admission of the human rights situation in the Philippines would make [it] believable in the eyes of the world.”...

Read More

From 1902 to 1904, cholera, which is a bacterial disease that spreads through contaminated food or water, killed 109,461 people, mostly poor Filipinos who were still reeling from the Philippine-American war...

Read More

The United Nations estimates that the global human population will reach 8 billion by mid-November, and will continue to grow, albeit at a slower pace and with regional disparities, in the decades to come...

Read More

Humanity must "cooperate or perish" in the face of accelerating climate change impacts, UN chief Antonio Guterres told world leaders Monday at talks in Egypt on curbing global warming...

Read More

North Korea's military said on Monday its recent barrage of missile tests were practices to "mercilessly" strike key South Korean and United States targets, such as air bases and operation command systems, with a variety of missiles that are likely nuclear-capable...

Read More

Facebook parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, United States media reported on Sunday (Monday in Manila)...

Read More

Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris – the scrapping of one-day business trips in favor of longer stays...

Read More

The UN's chief warned Monday that nations must cooperate or face "collective suicide" in the fight against climate change, at a summit where developing countries reeling from global warming demanded more action from rich polluters...

Read More

North Korea said Tuesday that claims by the United States that Pyongyang is supplying artillery ammunition to Moscow for its war in Ukraine were groundless, state media KCNA reported...

Read More

Global stocks mostly rose Monday while the dollar dipped against key rivals as markets looked ahead to this week's US midterm elections and key inflation data...

Read More

Trade Secretary Alfredo E. Pascual is asking e-commerce players to help government achieve its target of cutting poverty rate to 9 percent...

Read More

Nine years after Super Typhoon Yolanda this Tuesday, November 8, Speaker Martin G. Romualdez said the lessons learned from this tragedy continue to guide the country’s response to calamities and highlight the Filipinos capacity to help one another during times of crises...

Read More

The government must allow private health care facilities to procure Covid vaccines, especially the bivalent or modified formulation meant for the Omicron variant and subvariants, to ensure that more vulnerable citizens get an added layer of protection against the virus, Go Negosyo founder Jose Ma. "Joey" Concepcion 3rd said on Monday...

Read More

Almost all public schools nationwide have returned to the five-day face-to-face classes setup following the Department of Education’s (DepEd) mandatory implementation of full in-person classes by Nov. 2...

Read More

The Covid-19 positivity rate in the National Capital Region (NCR) or Metro Manila last November 2 was 8.9 percent, the lowest in four months, the independent monitoring firm OCTA Research said...

Read More

The National Disaster Risk Reduction and Management Council on Monday said that the estimated cost of damage by Severe Tropical Storm "Paeng" to agriculture and infrastructure is now close to P7.6 billion...

Read More

Pediatric experts urged teachers, school staff and students to continue wearing face masks in classrooms and indoor facilities to reduce the risk of spreading COVID-19 during in-person classes...

Read More

Samahan ng Mamamayan-Zone One Tondo Organization (SM-ZOTO), a federation of urban poor community groups, on Monday said it would file charges against the government’s anti-insurgency task force over its claims linking it to the Communist Party of the Philippines (CPP)...

Read More

The 12-day global summit on climate change began on Sunday in this Red Sea resort city, with civil society groups urging the Philippine government to include them in the process and champion the issue of financial compensation from floods, rising seas and other climate-related impacts...

Read More

President Ferdinand “Bongbong” Marcos Jr. on Monday committed his support to the modernization program of the Philippine Marine Corps...

Read More

The Department of Tourism (DoT) said it is in talks with the Department of the Interior and Local Government (DILG) to withdraw entry restrictions on travelers imposed by local government units (LGUs)...

Read More

The Anti-Red Tape Authority (ARTA) and other regulators are seeking to establish a one-stop shop for permit applications by the shipping industry...

Read More

The Senate approved on Monday the recommendations of the blue ribbon committee on the sugar importation mess. During the plenary session, panel chairperson Senator Francis Tolentino made amendments to Committee Report No. 3...

Read More

President Ferdinand “Bongbong” Marcos Jr. is set to sign an executive order (EO) reserving idle state-owned lands for housing projects, Malacañang said Monday...

Read More

The Philippine government plans to procure cheaper fertilizers from China and give them to Filipino farmers for free...

Read More

The administration of President Ferdinand R. Marcos Jr. has stepped up efforts to provide fertilizer vouchers to farmers in order to bolster their rice production...

Read More

The Philippines’s rice imports through October expanded by 44 percent on an annual basis to a new record high of over 3.2 million metric tons (MMT), in line with earlier market expectations...

Read More

The Credit card industry is expected to continue growing this year and next amid rising interest rates, an official from Asia United Bank Corp. (AUB) said on Monday...

Read More

Food security will depend on how regulators also manage related industries like transport, energy, and health, the Philippine Institute for Development Studies (PIDS) said in a report...

Read More

The government raised P6.7 billion out of the planned P15 billion from the offering of Treasury bills (T-bills) as lenders’ asking rates remained high...

Read More

The peso lost three centavos to close at P58.58 to the dollar on Monday, ignoring news of an improvement in the country's foreign currency reserve position...

Read More

The retail price of siling labuyo (spicy wild chili) reached as high as P600 per kilo, while the prevailing price of red onions was pegged at P240 per kilo despite the P170 suggested retail price (SRP) on the bulbs...

Read More

The Philippine economy is still doing quite well despite the country's current financial difficulties, the top official of the National Economic and Development Authority (NEDA) said...

Read More

Oil companies implemented on Tuesday a mixed adjustment in the prices of petroleum products a week after slightly reducing fuel prices. Per liter, firms jacked up gasoline by P1.40 but diesel and kerosene dropped by 50 centavos and 35 centavos, respectively...

Read More

Overseas Filipinos are increasingly looking at investment income opportunities when purchasing real estate in the Philippines, especially during the ongoing global COVID-19 pandemic...

Read More