Peso closes unchanged vs dollar

THE PESO was steady versus the greenback on Wednesday as the September inflation print remained in line with market expectations. The local unit closed at P58.65 per dollar on Wednesday, unchanged from its Tuesday finish, Bankers Association of the Philippines data showed. The peso opened Wednesday’s session stronger at P58.60 versus the dollar. Its weakest […]

September inflation quickens to 6.9%

THE country’s headline inflation rate rose to 6.9 percent in September, significantly higher than the 6.3 percent in August this year. This is the highest recorded inflation since October 2018, the Philippine Statistics Authority said Wednesday, Oct. 5, 2022. September inflation in Central Visayas also accelerated to 8.1 percent from 7.4 percent in August. With […]

Peso hits new low of P58 to US dollar

THE local currency hit a new record low Wednesday, Sept. 21, 2022, closing at P58 vis-a-vis the US dollar, threatening to increase inflationary pressures and hit consumer sentiment while auguring well for exporters—if they can find buyers for their goods and services.The peso opened weak at P57.7 against P57.4 on Tuesday and further weakened to […]

Unemployment rate eases in July but underemployment rate climbs

THE Philippine Statistics Authority reported on Thursday there were fewer jobless Filipinos in July this year as the unemployment rate declined while the employment rate improved.However, the number of underemployed workers also rose.The PSA said the unemployment rate declined to 5.2 percent in July, which is equivalent to 2.6 million jobless Filipinos. This was an […]

Younger Colorectal Cancer Population Highlights the Importance of Early Screening, Highly Sensitive Test Product Prenetics has Launched the Market

HONG KONG, Sep 2, 2022 – (ACN Newswire via – Colorectal cancer (CRC) has become one of the main cancers threatening the health of human beings. In the United States and China, CRC has ranked among the top three cancers that leads to death. CRC screening has been proven to be one of the […]