Gatchalian urges transparency in study of nuclear energy

MANILA, July 31 (Mabuhay) — Senator Sherwin Gatchalian on Thursday urged the inter-agency committee assigned to study the possible use of nuclear energy to proceed with utmost transparency to the public, saying that nuclear power is a ‘risky’ business. On Wednesday,...

PHL inflation to dip further at 0.5% in Sept. – DOF

MANILA (Mabuhay) — Prices of consumer goods are likely to accelerate at a slower pace below 1 percent this month, according to a Department of Finance (DOF) official. Inflation could tumble to an all-time low of 0.5 percent from 0.6 percent in August and 4.4 percent a year...

Atienza asks House leadership to temporarily defer all deliberations on proposed BBL

MANILA (Mabuhay) – BUHAY Party-list Rep. Lito Atienza on Thursday called on the House leadership to temporarily defer all deliberations on the proposed Bangsamoro Basic Law (BBL) in light of the killing of 44 policemen in clashes with elements of the Moro Islamic Liberation Front...

Power supply outlook tight but there’s nothing to worry about, says DOE

MANILA (Mabuhay) — Combined efforts have been put in place to ensure that the country will not suffer, especially during the tight power supply in the summer months, according to the Department of Energy (DOE). Energy Secretary Carlos Jericho Petilla said the government...

Faster Dec. inflation seen on rising electricity, fuel, food costs

MANILA (Mabuhay) – Inflation may quicken this month due to higher costs of electricity, fuel, and food, the central bank chief said Thursday. In a text message to reporters, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said inflation may settle between 3.8 to 4.7...

Inflation eases to 2.6% in April 2013

Slower price increases of food, electricity, and petroleum brought inflation down to 2.6 percent in April 2013, according to the National Economic and Development Authority (NEDA). “The average inflation rate for the first four months of 2013 settled at the low-end of the...

Inflation decelerated in March 2013

Cheaper housing, water, electricity, and power coupled with slower increase in food prices in March 2013 moderated headline inflation to 3.2 percent last month, according to the National Economic and Development Authority (NEDA). “Average inflation rate for the first three months...