Consumer spending seen to grow to 5.5% in 2023
HOUSEHOLD spending in the Philippines is projected to expand by 5.5 percent this year, slower than the 8.2 percent growth forecast in 2022, the...
DA: 100,000 MT onions lost in 2022 due to lack of cold storage
THE Department of Agriculture (DA) has recorded the loss of some 100,000 metric tons (MT) of onions in 2022.
According to the DA, a 35...
RCEP trade deal will hurt local farmers – agri group
SEVERAL agricultural groups on Wednesday reiterated their opposition to the ratification of the Philippine participation in the Regional Comprehensive Economic Partnership (RCEP) saying it...
First in SEA: Globe pilots new lens antenna technology for better customer experience
Leading digital solutions platform Globe has successfully completed pilot deployments in Southeast Asia of the first multi-beam, multi-band lens antenna technology. The new solution...
World Bank OKs $600-M loan to boost PH financial sector
THE World Bank has approved a $600-million policy loan to assist the Philippines in its efforts to boost resiliency and the sustainability of the...
Bank lending expands by 13.4% in December
BANK lending expanded by 13.4 percent in December 2022 compared to the same month in 2021, the Bangko Sentral ng Pilipinas (BSP) said yesterday...
BSP eyes January inflation between 7.5%-8.3%
HIGHER electricity rates, among others, is expected to bring January 2023 domestic inflation rate to between 7.5 to 8.3 percent, the Bangko Sentral ng...
Globe logs over 11M prepaid SIM registrants, urges customers to register before April 26...
Globe, the leader in Mobile, has registered more than 11 million active prepaid SIMs around a month after the law mandating all Filipinos to...
Public warned vs buying frozen eggs
SOME consumers prefer buying frozen eggs in public markets as the prices of fresh ones have gone up recently.
In Quezon City, frozen eggs are...
Fuel prices up by over P1/liter today
OIL firms yesterday announced another round of hikes to mark the third straight week of increases.
In separate advisories, Petron Corp., Pilipinas Shell Petroleum Corp....