This infographic compares the current daily minimum wages set by the country’s Regional Tripartite Wages and Productivity Board and the inflation-adjusted minimum wages as of July based on latest preliminary data by the Philippine Statistics Authority (PSA). While the current minimum wages are determined at the regional level to account for factors such as companies’ […]
Tag: july
July inflation rose 6.4%, highest since October 2018
Headline inflation quickened to its fastest pace in nearly four years in July, mainly due to soaring prices of food and higher transport costs. Preliminary data from the Philippine Statistics Authority (PSA) showed the consumer price index (CPI) at the national level climbed 6.4% year on year in July, from 6.1% in June and 3.7% […]
July inflation zooms to 6.4%, highest in nearly 4 years
Headline inflation went up to its highest in nearly four years in July due to faster increases in food and transport items. Preliminary data from the agency showed consumer price index climbed by 6.4% year on year in July from 6.1% in June and 3.7% a year ago. This was higher than the 6.2% median […]
Peso weakens ahead of July inflation report
THE PESO weakened further against the dollar on Tuesday ahead of the release of latest inflation data and tensions between the United States and China. The local unit ended trading at P55.435 versus the greenback, shedding 12.5 centavos from its P55.31-to-a-dollar close on Monday, according to data from the website of the Bankers’ Association of […]
Manufacturing Purchasing Managers’ Index (PMI) of select ASEAN economies, July 2022
THE PHILIPPINES’ manufacturing sector slowed in July as production and new orders declined, signaling weaker global demand, S&P Global said on Monday. Read the full story.
No monkeypox in Central Visayas, but Covid rising in Vismin
NO LOCKDOWN will be implemented in the Province of Cebu amid the threat of monkeypox, Gov. Gwendolyn Garcia said at the start of the month-long celebration of the 453rd founding anniversary of the province of Cebu.“Diseases are here to stay. The challenge is to boost our immune system, to ensure that we protect ourselves. But […]
PHL stocks flat ahead of key economic data
STOCKS opened the month flat ahead of the release of key economic data and more second quarter results of listed firms. The Philippine Stock Exchange index (PSEi) fell by 3.90 points or 0.06% to close at 6,312.03 on Monday, while the broader all shares index dropped 5.90 points or 0.17% to 3,392.92. “The market had […]
Analysts’ July 2022 inflation rate estimates
INFLATION likely accelerated in July due to higher food prices and transport fares, but a cut in electricity rates and rollback in pump prices may have tempered the price pressures, according to analysts. Read the full story.
How PSEi member stocks performed — July 29, 2022
Here’s a quick glance at how PSEi stocks fared on Friday, July 29, 2022.
Peso may strengthen further vs dollar
THE PESO may appreciate versus the dollar this week as the Bangko Sentral ng Pilipinas (BSP) chief remained hawkish despite the US Federal Reserve’s dovishness, but expectations of faster Philippine inflation in July could dampen sentiment. The local unit closed at P55.13 per dollar on Friday, surging by 69 centavos from its P55.82 finish on […]
BSP: July inflation likely SURGES ANEW at 5.6 – 6.4%
THE Bangko Sentral ng Pilipinas (BSP) is expecting July inflation to further quicken with the upper-end of its forecast range seen to surpass last month’s print.In its month-ahead forecast, the central bank said July inflation — the rate of increase in the prices of goods and services — was projected to settle within the range […]
How PSEi member stocks performed — July 28, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, July 28, 2022.
How PSEi member stocks performed — July 27, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 27, 2022.
Tech-focused summit slated in Cebu on July 29
TECHNOLOGY firm Ng Khai Development Corp. is staging the NK Education & Enterprise Beat (Businesses, Education, Arts, and Technology) Summit 2022 on July 29 at the SM Seaside City Cebu after a two-year hiatus.The conference is a fusion of several tech events that aims to not only to introduce technology solutions to businesses and educational […]
How PSEi member stocks performed — July 25, 2022
Here’s a quick glance at how PSEi stocks fared on Monday, July 25, 2022.
How PSEi member stocks performed — July 21, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, July 21, 2022.
How PSEi member stocks performed — July 19, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 19, 2022.
How PSEi member stocks performed — July 18, 2022
Here’s a quick glance at how PSEi stocks fared on Monday, July 18, 2022.
How PSEi member stocks performed — July 14, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, July 14, 2022.
How PSEi member stocks performed — July 13, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 13, 2022.