The Philippine Statistics Authority (PSA) on Friday reported an inflation rate of 6.4 percent for July 2022, the highest since October 2018.According to the PSA, the increase in the country’s inflation was mainly brought about by the higher annual increase in the...
President Ferdinand “Bongbong” Marcos Jr. on Monday said developing renewable energy sources was at the top of his administration’s climate agenda.In his first State of the Nation Address, Marcos Jr. said the country would rely more on renewable...
Rural Bank of Polomolok (courtesy of PDIC) The Rural Bank of Polomolok (South Cotabato), Inc. was ordered closed by the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) last July 14.Through Resolution No. 985.A, the MB also ordered the Philippine Deposit...
President Ferdinand “Bongbong” Marcos Jr. on Monday said he was open to government-to-government (G2G) deals for fertilizers as their prices continue to increase due to high energy costs.Marcos Jr., who also heads the Department of Agriculture (DA), said...
Inflation is the No. 1 concern that Filipinos want President Ferdinand “Bongbong” Marcos Jr.’s government to address, results of a Pulse Asia survey showed.Pulse Asia’s “Ulat ng Bayan” survey conducted from June 24 to 27 with 1,200...
Finance Secretary Benjamin Diokno on Wednesday said President Ferdinand “Bongbong” Jr.’s statement regarding the country’s June 2022 inflation rate was misunderstood.The Philippine Statistics Authority (PSA) has reported an inflation rate of...
