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Fresh vegetables and other basic goods are on display at a market stall inside the Agdao Public Market in Davao City in this undated photo. The Philippine Statistics Authority said the country's headline inflation slightly increased from 3.8 percent in April to 3.9 percent in May. LEAN DAVAL JR

Food prices, power rates keep Pinoys up at night in 2nd year of...

Last June, inflation eased to 3.7 percent, falling within the government target of 2 to 4 percent, which was also lower than the 5.4...

15.5% of Filipinos were poor in 2023, PSA says

Around 17.54 million Filipinos were poor in 2023, the Philippine Statistics Authority said Monday. This means poverty incidence reached 15.5 percent last year, the state...
Passengers bound from Manila arrive at the Davao International Airport. Cebu Pacific and Air Asia have announced they fully restored its systems following a global IT outage that affected airlines and businesses worldwide late last week. LEAN DAVAL JR

CebPac, Air Asia announce full restoration of services

Cebu Pacific and Air Asia on Sunday announced they fully restored its systems following a global IT outage that affected airlines and businesses worldwide. In...
A man buys a kilo of rice at a retailer store in Buhangin, Davao City on Tuesday (5 September 2023). As of Tuesday morning, many of the rice retailers in the city have yet to make price adjustments as provided by Executive Order 39 that sets the price ceiling for regular milled rice at P41 per kilo and P45 a kilo for well-milled rice nationwide. MindaNews photo

Lower rice prices due to tariff cut may be felt by August: DA

The public may start to feel lower rice retail prices next month as imported rice with lower tariffs started coming in, the Department of...

Globe, Smart block scam numbers amid unabated spam messages

The amount of blocked SMS (short messaging service or text) messages decreased by almost half in the first half of 2024 compared to the...

Microsoft probing outage reports; some PH firms report IT disruption

Microsoft said it is "investigating an issue" after some companies, including firms based in the Philippines, reported that their operations were being affected by...

Nuclear deal with PH to ‘stand multiple US administrations’

A visiting official of the United States has assured the Philippines that the 123 Agreement, or the civil nuclear cooperation deal, could stand different...

PH posts $155-M balance of payments deficit in June

The country's balance of payments (BOP) position recorded a lower deficit in June this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released by...

BIR, SEC sign deal on data-sharing

The Securities and Exchange Commission and the Bureau of Internal Revenue on Wednesday signed an agreement allowing the BIR to access the data-sharing system...

BSP OKs new guidelines, penalty provisions for FX transactions

The Bangko Sentral ng Pilipinas (BSP) said the Monetary Board has approved further amendments to foreign exchange (FX) regulations. The amendments were detailed in BSP's...