By Ana Olivia A. Tirona, Researcher METRO MANILA’S retail price of goods in April grew at its fastest pace in three and a half years, preliminary data from the Philippine Statistics Authority (PSA) showed. The PSA on Thursday reported that the general retail price index (GRPI) rose by 3.5% in April, faster than the 2.7% […]
By Ana Olivia A. Tirona, Researcher THE UNEMPLOYMENT RATE in the Philippines jumped to a three-month high in May while job quality deteriorated despite increased economic activity, data from the Philippine Statistics Authority (PSA) showed. Preliminary data from the statistics agency showed the jobless rate in May reached 6%, higher than 5.7% in April. However, […]
By Bernadette Therese M. Gadon, Researcher The unemployment rate in April slowed to its lowest since the start of the pandemic as the size of the workforce shrank amid the disruptions caused by the ongoing Russia-Ukraine conflict. Preliminary results of the Philippine Statistics Authority’s (PSA) April round of the Labor Force Survey (LFS) on Friday […]
THE PHILIPPINES’ April trade deficit narrowed month on month to $4.8 billion, as exports slightly picked up and imports grew at their slowest pace in 13 months amid the Russia-Ukraine war and supply chain disruptions. Read the full story.
PHILIPPINE merchandise exports grew by six percent in April, with a value reaching USD6.1 billion, based on preliminary data from the Philippine Statistics Authority (PSA).Of the USD348 million additional exports in April 2022, coconut products contributed USD164 million or 47 percent of the incremental export sales for the month. This was primarily driven by exports […]
HIROSHIMA, Japan, May 30, 2022 – (JCN Newswire via SEAPRWire.com) – Mazda Motor Corporation’s production and sales results for April 2022 are summarized below. I. Production 1. Domestic ProductionMazda’s domestic production volume in April 2022 decreased 52.6% year on year due to decreased production of passenger vehicles. [Domestic production of key models in April 2022]– […]
Toyota City, Japan, May 30, 2022 – (JCN Newswire via SEAPRWire.com) – Toyota Motor Corporation (TMC) announces its sales, production, and export results for April 2022 as well as the cumulative total from January to April, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. Both sales and production fell below the […]
By Luz Wendy T. Noble, Reporter The country’s balance of payment (BoP) posted a deficit in April as the government continued to pay for its foreign debt obligations, and as the trade deficit widened due to the rising value of imports. Data released by the Bangko Sentral ng Pilipinas late Thursday showed the BoP stood […]
THE country’s inflation rate increased further to 4.9 percent in April this year from four percent in March.The Philippine Statistics Authority (PSA) said Thursday, May 5, 2022, that this is the highest recorded inflation since January 2019. Inflation in April 2021 was lower at 4.1 percent.The average inflation for the first four months of the […]
RATES of government securities on offer this week are expected to move sideways with a slight upward bias as the market awaits April inflation data and the result of the US Federal Reserve’s policy meeting on May 3-4. The Bureau of the Treasury (BTr) will auction off P15 billion in Treasury bills (T-bills) on Monday […]
As the travel world gradually and happily opens up from the dismal and deadly nightmare of Covid-19, Marco Polo Plaza Cebu also celebrates its 16 years of blissful existence.As a way of expressing great appreciation to its many clients, the hotel ushers in its “Sweet Sixteen Treats,” composed of room amenities, meals etc. So, business […]
KUALA LUMPUR & TAIPING, Apr 27, 2022 – (ACN Newswire via SEAPRWire.com) – It’s time to visit the Spritzer EcoPark in Taiping, Perak and see the exciting Hari Raya Balik Kampung Bersama upcycling decorations from 19 April to 31 May 2022 with free admission. The EcoPark has upcycled thousands of Spritzer Natural Mineral Water bottles […]
THIS Lenten season, delightful deals await you and the entire family with Savoy Hotel Mactan Newtown’s Staycation package and irresistible dining options at the historic resort city of the South, Mactan.Take that much needed break and relax at any of our Superior Deluxe rooms inclusive of breakfast and an Egg-citing activity pass for kids when […]
1 of 19 APRIL springs to life at the Shangri-La Plaza Easter Basket of Prizes at New World Makati Hotel The Shop Easter Treats Grand Hyatt Manila’s Easter Collection SUMMIT Hotel Naga — SUMMITHOTELS.PH Richmonde Ortigas Easter Break Escape Richmonde Ortigas Easter Break Escape A Chocoholic Easter at Baker J An over 4 feet tall […]
THE tandem of presidential candidate Maria Leonor “Leni” Robredo and vice presidential candidate Francis “Kiko” Pangilinan will hold a grand rally in Cebu City on April 21, 2022.“We want this to be the grandest rally in Central Visayas,” said senatorial candidate Teodoro “Teddy” Baguilat during a press conference on Monday, April 11, 2022.Baguilat said the […]
EASTER is the perfect time to treat the whole family to an EGG-citing tropical getaway. Shangri-La Mactan has prepared lots of fun for the kids, and a long-awaited breather for the parents!CHI Spa invites mom and dad to switch off, unwind and come back relaxed with the Summer Paradise promo. Find your inner peace and […]
KUALA LUMPUR, Mar 31, 2022 – (ACN Newswire via SEAPRWire.com) – Amazfit, a premium smart wearable hardware brand owned by Zepp Health Corporation (“Zepp Health”), is going to “Up Your Game” by harnessing the power of technology and science to free more people to live their passions and express their active spirits with its series […]
AUGUST was the deadliest month in Cebu City when it came to fire incidents in 2021—it saw seven deaths.These deaths happened in a residential area in Barangay Sta. Cruz. Five of these fatalities belonged to one family. The youngest was only three years old.A total of nine fatalities were recorded in 2021: one each in […]
PHILIPPINE STAR/ MICHAEL VARCAS THE year-on-year growth in wholesale prices of general goods slowed in April compared to the rate recorded in March, the Philippine Statistics Authority (PSA) said Wednesday. The general wholesale price index (GWPI) rose 2.7% year on year in April, against the 2.8% pickup in March, according to preliminary data. Driving the […]
THE PESO weakened versus the greenback for a third straight day on Thursday on safe haven demand as the market awaits the release of US inflation data, which could dictate the pace of the Federal Reserve’s tapering. The local unit closed at P47.765 per dollar on Thursday, shedding 3.4 centavos from its P47.731 finish the […]