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(Eagle News)–The Bangko Sentral ng Pilipinas expects the country’s January 2024 inflation to settle within the 2.8 to 3.6 percent range. Inflation measures how fast the prices of goods and services are rising. In its month-ahead inflation forecast, the BSP said the higher prices of some agricultural items, like rice, meat, fruits, and fish, along with increased petroleum prices, electricity and water rates, annual adjustment in sin taxes, and the depreciation of the peso are […]
(Eagle News)–A 4.8-magnitude earthquake struck off Surigao del Sur early Friday, Feb. 2. The Philippine Institute of Volcanology and Seismology said the quake hit at 5:35 a.m. The epicenter was 78 kilometers northeast of Lingig. The depth of focus was 10 kilometers. No damage to property nor aftershocks were reported.
Mindanao also affected by trough of LPA (Eagle News)–The northeast monsoon is affecting Luzon. According to the Philippine Atmospheric Geophysical and Astronomical Services Administration, the trough of a low pressure area is also affecting Mindanao. As a result, Mindanao, Central Visayas, Negros Occidental and Southern Leyte will have cloudy skies with scattered to widespread rains and thunderstorms. Flashfloods or landslides due to moderate to at times heavy rains are possible. Aurora, Quezon and Bicol Region, […]
(Eagle News) — Cloudy skies and rains are expected in parts of the country on Thursday, Feb. 1. The Philippine Atmospheric Geophysical and Astronomical Services Administration said Mindanao, Central Visayas, Negros Occidental, and Southern Leyte, in particular, will have cloudy skies with scattered rain showers and thunderstorms. PAGASA said these were due to the trough of the low pressure area (LPA) affecting Mindanao. Flash floods or landslides due to moderate to at times heavy rains […]
(Eagle News) — The Department of Transportation has warned motorists of a traffic slowdown in several areas in Metro Manila between Feb. 2 and 5. The agency said these roads may be affected with the Metro Manila Subway Project’s (MMSP) Tunnel Boring Machine expected to be transported from the Manila Harbour Center Port to D. Julia Vargas Avenue in Ortigas Center. 5th Avenue (between 11 P.M. – 12 M.N.) Araneta Avenue (between 1 A.M. – 2 […]
(Eagle News)–A 4.9-magnitude earthquake struck off Occidental Mindoro early Thursday, Feb. 1. The Philippine Institute of Volcanology and Seismology said the quake hit at 4:46 a.m. The epicenter was 13 kilometers northwest of Abra de Ilog. The depth of focus was 11 kilometers. The following instrumental intensities were reported: Intensity IV – Abra de Ilog and Mamburao, Occidental Mindoro Intensity III – City of Calapan, Oriental Mindoro Intensity II – City of Tagaytay, Cavite Intensity […]
(Eagle News)–The Philippine economy grew by 5.6 percent in 2023, after expanding by 5.6 percent in the fourth quarter of the same year. According to the National Economic Development Authority, citing Philippine Statistics Authority data, this was slower than the revised growth of 6.0 percent in Q3 2023, and was short of the government’s 6.0-7.0 percent 2023 full-year target. However, NEDA said the Philippines is still the second-fastest growing economy among major emerging economies in […]
Luzon also affected by northeast monsoon (Eagle News)–The northeast monsoon is affecting Luzon. According to the Philippine Atmospheric Geophysical and Astronomical Services Administration, the trough of a low pressure area is also affecting Mindanao. As a result, SOCCSKSARGEN, Caraga, and Davao Region will have cloudy skies with scattered to widespread rains and thunderstorms. Flashfloods or landslides due to moderate to at times intense rains are possible. Central Visayas, Southern Leyte, and the rest of Mindanao […]
Pacts on agriculture, maritime security, and cultural cooperation also inked (Eagle News) — The Philippines and Vietnam on Tuesday, Jan. 30, signed agreements to maintain peace and security in the South China Sea and beyond. Apart from the Memoranda of Understanding on Incident Prevention and Management in the South China Sea, and between the Philippine Coast Guard (PCG) and the Vietnam Coast Guard (VCG) on Maritime Cooperation, signed were MOUs on Cooperation in Agriculture and […]
(Eagle News)–The northeast monsoon is affecting Luzon and Visayas. According to the Philippine Atmospheric Geophysical and Astronomical Services Administration, as a result, Cagayan Valley, Aurora, Quezon, Bicol Region, and the rest of Eastern Visayas will have cloudy skies with light rains. Metro Manila and the rest of Luzon and Visayas will have partly cloudy to cloudy skies with isolated light rains. Caraga, Davao Region, Camiguin, Misamis Oriental, Bukidnon, and Southern Leyte, meanwhile, will have cloudy […]
(Eagle News)–The Commission on Elections has suspended people’s initiative proceedings aimed at amending the 1987 Constitution. In suspending “everything,” including the acceptance by Comelec local offices of signatures required to file a petition for the proposal, indefinitely, the poll body noted that there was a need to review and revise people’s initiative guidelines contained in Comelec Resolution No. 10650. The indefinite suspension was welcomed by senators, who had earlier already expressed concerns over the initiative […]
Meets officials of Vingroup, Filipino community (Eagle News)–President Bongbong Marcos is in Vietnam for a two-day state visit aimed at boosting relations between the two countries. The plane carrying President Marcos and his delegation arrived at the Noi Bai International Airport at 3:05 p.m. on Monday, where they were welcomed by Vietnamese officials. The President met with the Vingroup Company, Vietnam’s largest private company with a $21.1. billion market cap as of April 2023 through […]
