WHOLESALE PRICE growth in general goods picked up to its fastest pace in 14 months in March, data released by the Philippine Statistics Authority (PSA) on Friday showed. The country’s general wholesale price index (GWPI) increased by 2.8% from a year earlier in March. This was faster than the revised growth rate of 2.5% in […]
WHOLESALE PRICE growth in general goods picked up on a year-on-year basis in February, according to the Philippine Statistics Authority. The general wholesale price index (GWPI) rose 2.4% from a year earlier in February, up from the growth rate of 2.1% in January. The corresponding growth rate in February 2020 was 2.7%. The GWPI’s performance […]
THE country’s inflation rate has eased to 4.5 percent in March 2021 after five consecutive months of acceleration. This brings the average inflation of the country for the first quarter of 2021 at 4.5 percent, the Philippine Statistics Authority on Tuesday, April 6, 2021, said. The slowdown in inflation at the national level was primarily […]
CREDIT extended by big lenders continued to shrink for a third straight month in February despite faster liquidity growth, reflecting that risk aversion and dampened demand amid the pandemic. Outstanding loans by universal and commercial banks dropped 2.7% to P8.936 trillion in February from a year earlier, preliminary data from the Bangko Sentral ng Pilipinas […]
TOKYO, Mar 30, 2021 – (JCN Newswire via SEAPRWire.com) – Mazda Motor Corporation’s production and sales results for February 2021 are summarized below. I. Production 1. Domestic ProductionMazda’s domestic production volume in February 2021 decreased 4.9% year on year due to decreased production of passenger and commercial vehicles. [Domestic production of key models in February […]
The country’s balance of payments (BoP) swung to a deficit of $2.02 billion in February after the government paid off more foreign loans, central bank data showed. “The BOP deficit in February 2021 reflected outflows, arising mainly from the Bangko Sentral ng Pilipinas’s (BSP) reserve management operations and the foreign currency withdrawals of the National […]
THE Social Security System (SSS) released the second batch of February 2021 pensions on Feb. 16. The pensions, amounting to P5.2 billion, were released through the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels. The pension fund, which benefits 1.1 million pensioners whose dates of contingency are from the […]
Consumer prices rose faster for a fifth straight month to a 26-month high in February as food prices continued to surge, the Philippine Statistics Agency reported on Friday. Preliminary data from the PSA showed headline inflation at 4.7% last month, picking up from 4.2% in January 2021 and 2.6% in February 2020. The February inflation […]
THE PESO weakened versus the greenback on Thursday on expectations that February inflation data to be released on Friday would be faster than last month’s print. The local unit closed at P48.62 per dollar on Thursday, retreating by 14 centavos from its P48.48 finish on Wednesday, data from the Bankers Association of the Philippines showed. […]
Here’s a quick glance at how PSEi stocks fared on Monday, February 22, 2021.
Here’s a quick glance at how PSEi stocks fared on Wednesday, February 17, 2021.
DESPITE the climb in the figures, Department of Health (DOH) 7 chief pathologist and spokesperson Dr. Mary Jean Loreche on Monday, Feb. 15, 2021, said we could be expecting a decrease in Covid-19 cases in Central Visayas, the crucial driver of which is Cebu City. Loreche said we are still catching up as far as […]
Here’s a quick glance at how PSEi stocks fared on Thursday, February 11, 2021.
Here’s a quick glance at how PSEi stocks fared on Tuesday, February 9, 2021.
Here’s a quick glance at how PSEi stocks fared on Monday, February 8, 2021.
Here’s a quick glance at how PSEi stocks fared on Tuesday, February 2, 2021.
Here’s a quick glance at how PSEi stocks fared on Monday, February 1, 2021.