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’ […]
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% […]
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 […]
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 […]
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 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 […]
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 […]
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.
Here’s a quick glance at how PSEi stocks fared on Friday, July 29, 2022.
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 […]
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 […]
Here’s a quick glance at how PSEi stocks fared on Thursday, July 28, 2022.
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 27, 2022.
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 […]
Here’s a quick glance at how PSEi stocks fared on Monday, July 25, 2022.
Here’s a quick glance at how PSEi stocks fared on Thursday, July 21, 2022.
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 19, 2022.
Here’s a quick glance at how PSEi stocks fared on Monday, July 18, 2022.
Here’s a quick glance at how PSEi stocks fared on Thursday, July 14, 2022.
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 13, 2022.