Inflation dropped to 2.8% in January 2024, marking its slowest pace in over three years, the Philippine Statistics Authority said Tuesday. “This is the lowest recorded since the 2.3% inflation rate registered in October 2020,” said the PSA. This figure represents a deceleration from the 3.9% reported in December 2023 …
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NASA’s aircraft flies at low altitude over Metro Manila for air quality research
(Photo courtesy of NASA Armstrong Flight Research Center) Metro Manila residents can expect to see a National Aeronautics and Space Administration (NASA) aircraft flying at low altitude from Feb. 5 to 14 for air quality research in the metropolis and its surrounding regions. Earlier, Department of Environment and Natural Resources …
Read More »BSP cites need for sufficiently tight policy rate
In spite of the lower inflation rate, the Bangko Sentral ng Pilipinas (BSP) reiterated Tuesday, Feb. 6, the need to maintain a sufficiently tight monetary policy stance until the inflation path is decidedly on the decelerating trend. The BSP’s Monetary Board, its policy-making arm, will meet on Feb. 15 for …
Read More »PBBM: Gov’t addressing economic challenges to sustain growth
(File photo) MANILA – The government is committed to addressing economic challenges to sustain the country’s growth momentum, President Ferdinand R. Marcos Jr. said Tuesday as he welcomed the further drop in commodity prices. In a statement, Marcos welcomed the latest Philippine Statistics Authority (PSA) report, which showed that headline inflation …
Read More »House tightens security after lawmakers get bomb threats
This file photo shows the Batasan Pambansa complex./Michael Varcas, file MANILA, Philippines — The House of Representatives has been placed on heightened alert following threats received by lawmakers and House staff last week, including bomb threats, Secretary General Reginald Velasco said on Monday. Velasco told reporters that the House has started enforcing …
Read More »Economists, legal experts weigh in on Charter reform via RBH 6
CHARTER REFORM HEARING. The subcommittee created by the Senate under its Committee on Constitutional Amendments and Revision of Codes commences Monday (Feb. 5, 2024) the public hearing on Resolution of Both Houses (RBH) No. 6, proposing amendments to certain economic provisions of the 1987 Constitution filed by Senate President Juan Miguel …
Read More »Marcos: No room for mudslinging, demolition jobs
Photo from PBBM’s Official FB Page There will be no room for mudslinging and demolition jobs under the “Bagong Pilipinas” campaign that the administration is advocating, President Ferdinand Marcos Jr. said in a YouTube post over the weekend. The President issued the statement a week after former President Rodrigo Duterte …
Read More »PNP organizational reforms bill hurdles Senate
(File photo) MANILA – The bill institutionalizing new organizational reforms in the Philippine National Police (PNP) is one step closer to becoming a law after it was unanimously approved by the Senate on Monday. Voting 23 in favor, zero against and zero abstentions, the chamber passed Senate Bill (SB) 2449, which …
Read More »Muslim budget chief urges ‘unity’ for Mindanao
The only Filipina Muslim member of President Marcos’ Cabinet expressed optimism about the future of Mindanao, emphasizing the need for national focus and unity to ensure its bright prospects. Amid calls to separate Mindanao from the Philippines, Budget Secretary Amenah F. Pangandaman, who is also a Maranao princess, expressed pride …
Read More »‘We are safe’: DICT assures public cybersafety after recent hacking attempts
The Department of Information and Communications Technology (DICT) assured the public on Monday, Feb. 5, that the country is safe following the successful thwarting of two cyberattacks in recent days. Photo from Pixabay “In general, of course we’re safe,” DICT Undersecretary for Infostructure Management, Cybersecurity and Upskilling Jeffrey Ian C. …
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