The Bangko Sentral ng Pilipinas says about 92 percent of consumers think that in the next 12 months, inflation will be above 4 percent. PHOTO COURTESY OF ABS-CBN NEWS

November 2023 FDI net inflows highest in nearly two years

INVESTMENT inflows posted double-digit growth in November 2023 to mark the highest level in nearly two years, driven mainly by the expansion in debt...
A mother comforts her dengue-stricken son at the Iloilo Provincial Hospital in Pototan, Iloilo. There are no more available rooms so they are staying in the hallway. Pototan posted a sharp rise in dengue cases in just a week (July 6-13) – 224, according to the Provincial Health Office. IAN PAUL CORDERO/PN

Expensive health care feared as hospitals deal with rising costs

THE country’s hospitals fear rising labor costs and operating expenses could make health care more expensive. “Expenses are increasing now,” Philippine Hospital Association president Jose...
One of the Manila Electric Co. linemen inspects the power meters on a concrete post along Kaliraya Street in Quezon City. PNA PHOTO BY JESS M. ESCAROS JR.

Consumer group hits high power rates, bats for Epira amendment

HIGH power rates continue to repel both foreign and domestic investors from setting up businesses in the country, a consumer group said over the...

Pump price rollback set today

MOTORISTS will get a slight reprieve this week, as oil firms yesterday announced a rollback in pump prices after five straight weeks of hikes...
InLife wins two Gold Anvils. InLife’s Amorsolo Circle, a program for its most valued clients, as well as its employee engagement program called The Good Squad were given the Gold Anvil Awards during the recently-held 59th Anvil Awards Gabi ng Parangal at the Manila Marriott Hotel. The InLife delegation was led by Chief Marketing Officer Gae L. Martinez (4th from left) and Chief Human Resources Officer Rozana G. Pecson (2nd from right).

InLife wins Gold Anvil Awards

Insular Life’s (InLife) program for its most valued clients, as well as employee engagement program won Gold Anvils during the 59th Anvil Awards. The Amorsolo Circle,...
Travelers arrive at the Ninoy Aquino International Airport Terminal 1 in Pasay City. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

DOTr names 3 qualified bidders for NAIA rehab

THE three firms that have submitted bids for the P170.6-billion solicited proposal for the rehabilitation of the Ninoy Aquino International Airport (NAIA) were compliant...
Workers take a rest from disembarking sacks of imported rice to a warehouse in Tondo, Manila. PHOTO BY RENE H. DILAN/THE MANILA TIMES

PH seen to import 3.9M metric tons of rice in 2024 – USDA

THE Philippines is projected to import more rice than initially estimated this year, further making the country the world’s top importer of the grain...

P100 minimum wage hike may be difficult for MSMEs – DOLE

DEPARTMENT of Labor and Employment (DOLE) secretary Bienvenido Laguesma on Saturday, Feb. 10, said the proposed P100 minimum wage hike in the private sector...
Travelers arrive at the Ninoy Aquino International Airport Terminal 1 in Pasay City. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

DOTr names 3 qualified bidders for NAIA rehab

THE three firms that have submitted bids for the P170.6-billion solicited proposal for the rehabilitation of the Ninoy Aquino International Airport (NAIA) were compliant...
Pag-IBIG Fund has posted the highest amount of home loans released during a single year in 2023 at P126.04 billion.

Pag-IBIG home loans reach record-high P126B in 2023; Nearly 100,000 members with new homes

PAG-IBIG FUND released a record-high P126.04 billion in home loans to finance the housing units of 96,848 members in 2023, its top officials announced...