World Bank raises PH growth forecast

THE World Bank raised its 2023 growth forecast for the Philippines to 6.0 percent from 5.6 percent, citing strong domestic demand The Washington-based multilateral organization still expects a slowdown to follow, keeping its projections for 2024 and 2025 at 5.9 percent, figures released on Wednesday showed. “Despite weak external conditions, …

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DoJ forms panel to investigate murder raps vs Teves

THE Department of Justice (DoJ) has formed a panel of prosecutors to conduct the preliminary investigation into the multiple murder complaints filed against suspended Negros Oriental Rep. Arnolfo Teves Jr. and several others in connection with the killing of Negros Oriental governor Roel Degamo and 10 others. Senior Deputy State …

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Inflation eases to 6.1 percent

Drops for 4th month in row, dovetails with better job figures HEARING GOOD NEWS. President Ferdinand Marcos Jr. presides over a sectoral meeting in Malacañang on Tuesday, as he welcomed news of the inflation rate falling for the fourth straight month according to the Philippine Statistics Authority. PCO Photo  Inflation …

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Phivolcs: Beware of ‘vog’ from Taal Volcano

Residents near the Taal Volcano were urged to remain indoors after the Philippine Institute of Volcanology and Seismology observed increased activity and sulfur dioxide emission. “Sulfur dioxide is acidic and if it blends with water vapor, it becomes vog, and this would cause irritation of the eyes, throat and respiratory …

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