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(Eagle News) – Inflation continued to increase this June at 5.2 percent, which is higher than the previous month’s 4.6 percent, and exceeding both government and market expectations. This was the highest headline inflation rate for the Philippines since October 2011, when the country last posted a 5.2 percent inflation. It is also the highest since 2013 based on the five-year monitoring of the Philippine Statistics Authority’s year-on-year inflation rate. The inflation rate in […]
(Eagle News) — Inflation accelerated further, marking a record in at least five years, the Philippine Statistics Authority said on Thursday, July 5. The PSA said June’s inflation was “primarily brought about by higher annual rate posted in the heavily-weighted food and non-alcoholic beverages index at 6.1 percent.” In May, inflation was at 4.6 percent. According to the PSA, the acceleration was due to faster increases in the prices of housing, water, electricity, gas, and other […]
(Eagle News) — The House of Representatives on Wednesday, May 30, ratified the bicameral conference committee report on the Philippine Identification System. The ratification of the measure that aims to establish a national ID system came a day after the Senate ratified the same. The reconciled version will now be sent to President Rodrigo Duterte for his signature. The Palace has said the President would sign the measure as soon as it reaches his desk. […]
PSA says growth “faster” than growth recorded in Q1 of 2017 (Eagle News) — The Philippine economy posted a 6.8 percent growth in the first quarter of 2018, the Philippine Statistics Authority announced on Thursday, May 10. According to the PSA, this was “faster” than the 6.4 percent growth recorded in the same quarter of 2017. The PSA said other services and trade were the “main drivers of growth for the quarter.” “Among the major economic […]
MANILA, Philippines (Eagle News) — Hinamon ng People for Power coalition ang Energy Regulatory Commission na isapubliko ang listahan ng isandaang Power Supply Agreements (PSA) na kanilang inaprubahan. Pangamba kasi ng koalisyon na baka kasama sa naaprubahan ang pitong mga PSA na pinasok ng Meralco at sister companies nito na posibleng magresulta sa napakataas na presyo ng kuryente. Bukod sa mataas na presyo ng kuryente ay magdudulot din umano ang mga coal power plant […]
(Eagle News) — George San Mateo was arrested by authorities on Tuesday, but gained provisional liberty later in the day after he posted bail. San Mateo was apprehended by police in front of the Quezon City Hall of Justice before noon. The Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide leader was at that time on his way to post a P4000 bail set by the Quezon City Metropolitan Trial Court Branch 43 that issued […]
QUEZON CITY, Philippines (Eagle News Service) — In connection with its 50th anniversary next year, Eagle Broadcasting Corporation (EBC) will be holding a public service project for those who have concerns with the Social Security System, (SSS), Philhealth, Philippine Statistics Authority (PSA), and Pag-ibig. The project “Paglilingkod sa Bayan, Serbisyo sa Mamamayan” is initiated by EBC’s Radyo Agila DZEC, the broadcast company’s AM radio. Starting from 8 a.m. to 12 noon on Saturday, December […]
PUERTO PRINCESA, Palawan (Eagle News) – Sumulat na kay Pangulong Rodrigo Duterte ang ilang mga non-government organization (NGO) at member-consumer ng Palawan Electric Cooperative (PALECO). Ito ay upang iparating ang nararanasang krisis diumano sa kuryente sa lalawigan, na diumano ay may epekto na sa turismo. Kaugnay nito ay hiniling ng mga ito kay Pangulong Duterte na makialam at utusan ang National Power Corporation (NAPOCOR) na dagdagan ang supply ng kuryente. Hiniling din nila na utusan niya ang […]
(Eagle News) — The country’s Gross Domestic Product (GDP) grew year-on-year by 7.1 percent in the third quarter of 2016, which comprised the first three months of the administration of President Rodrigo Duterte, according to the Philippine Statistics Authority. The growth in the Philippine economy was notable as it was higher than the growth rates of 7.0 percent in the second quarter of 2016, and 6.2 percent in the third quarter of 2015. With […]
Malacañang on Thursday welcomed the results of the latest round of the Labor Force Survey conducted by the Philippine Statistics Authority (PSA), which showed another decline in unemployment. In a statement, Presidential Spokesperson Edwin Lacierda noted that from 6 percent in October 2014, the unemployment rate further decreased to 5.7 percent, which is the lowest figure recorded in the past decade. “We are pleased to announce that the latest round of the Labor Force Survey, […]
The country’s labor market continued to record positive gains in October 2015 as unemployment rate fell to its lowest in a decade and both employment and underemployment figures further improved, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the country’s unemployment rate dropped further to 5.7 percent in October 2015 from 6.0 percent in the same month last year, making it the new lowest unemployment rate recorded […]
MANILA, Philippines (Eagle News) – According to the Philippine Statistics Authority, the price of construction materials in Metro Manila exhibited a continuous drop since May. The PSA added that this is the result of the lower price of fuel compared to the same time period in 2014. (Eagle News Service Jay Paul Carlos, Jericho Morales, Vince Alvin Villarin)
