Meat and vegetable prices drive Nov. inflation to 1.1%

MANILA (Mabuhay) – Inflation quickened to 1.1 percent in November from 0.4 percent the previous month due to an increase in consumer prices of both food and non-food items, the National Economic and Development Authority (NEDA) said on Friday. “The 1.1 percent reported by the...

EL Niño, global weakness prod ADB to cut PHL growth forecast

MANILA, Sept 22 (Mabuhay) — The Asian Development Bank (ADB) revised its growth forecast for the Philippine economy this year amid a slowdown in major industrial economies and China and the impact of El Niño. The Manila-based multilateral lender expects the Philippine gross...

Satisfaction with Aquino admin rises to +31 in June — SWS

MANILA (Mabuhay) — Satisfaction with the Aquino administration rose from a record-low +19 last March to +31 in June, according to a new survey by pollster Social Weather Stations. The SWS survey conducted June 5 to 8 among 1,200 adults showed 55 percent satisfied, 24...

CHED grants tuition hikes in 313 private colleges and universities

MANILA (Mabuhay) – A total of 313 private colleges and universities nationwide will implement an increase in tuition and other school fees this school year. A statement released by the Commission on Higher Education said the average increase across all regions is 6.48 percent....

Inflation slows down to 2.2% in April as food, fuel, electricity prices slip – NEDA

MANILA, May 5 (Mabuhay) — Lower prices of food, fuel and electricity brought the headline inflation down to 2.2 percent in April from 2.4 percent in March and from 4.1 percent in April 2014, the National Economic and Development Authority (NEDA) reported on Tuesday. The...

PHL inflation slips to 17-month low in January as oil impacts on prices

MANILA (Mabuhay) – Inflation dropped to a 17-month low in January as oil, transport and utilities priceswent down, the Philippine Statistics Authority (PSA) reported Thursday. Consumer prices decelerated to 2.4 percent in January, compared with 2.7 percent in December 2014 and...

PHL stocks expected to sustain growth in 2015

MANILA (Mabuhay) – The Philippine Stock Exchange index (PSEi) is expected to sustain its growth next year at 8350, supported by an improving US economy and 16 percent corporate earnings growth forecast. Ismael Cruz, president of IGC Securities, says low inflation, cheaper oil and...

PHL keeps key rates untouched as inflation fears ease

Manila, Philippines | AFP | – The Philippines monetary authority on Thursday left its key interest rates untouched, following signs that inflation had become more manageable. Central bank governor Amando Tetangco said the monetary board was keeping overnight borrowing and lending...

DOF: Easing inflation to boost PHL growth

MANILA (Mabuhay) – The slowdown in inflation in September will help boost the country’s economic growth in the second semester of the year, Finance Usec. and Chief Economist Gil Beltran said Thursday. Beltran said the easing inflation allows the Bangko Sentral ng Pilipinas (BSP)...

Inflation eased to 4.4 percent in September – PSA

MANILA (Mabuhay) – The Philippines’ annual headline inflation slowed down in September due to slower increase in prices of food, electricity, petroleum and non-alcoholic beverages, the Philippine Statistics Authority (PSA) said Wednesday. Consumer prices eased to 4.4 percent in...