House prices up 6.5% in Q4 2023 — BSP

Residential real estate prices across all types of housing units increased by 6.5 percent year-on-year in the fourth quarter of 2023, according to the latest Residential Real Estate Price Index (RREPI) of the Bangko Sentral ng Pilipinas (BSP). The fourth quarter 2023 house prices however was lower than the 12.9 …

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PSA: Human-induced disasters lead to P5 billion cost in 2023

At a Glance Human-induced disasters cost the country around P9.29 billion last year. Of this amount, P4.93 billion or 53.1 percent was due to oil spill, the Philippine Statistics Authority reported. There were 448 occurrences of human-induced disasters last year, most of which were due to fire-related incidents, armed-conflict incidents, …

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BI deports two Japanese linked to ‘Luffy’ gang

THE Bureau of Immigration (BI) has deported two Japanese nationals linked to the infamous  ‘Luffy’ gang to subsequently face charges of large-scale fraud and other criminal charges in Japan.  The deportees, Sugano Kazushi and Shimoeda Saito,  boarded yesterday a Japan Airlines flight to Tokyo. Kazushi and Saito were sent home …

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NFA steps up palay procurement operations

THE National Food Authority (NFA) is boosting its palay procurement operations with an eye on at least 300,000 metric tons this year pursuant to its buffer stocking policy to be able to meet increased demands during the lean months and in times of calamities. The agency said since Sept. 20 …

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