Business

Ph August inflation rate slows down to 2.4%

The Philippine Statistics Authority (PSA) reported that the country’s headline inflation eased anew to 2.4 percent in August from July’s 2.7 percent amid slow price movement on food and alcoholic beverage. “Nakikita...

Presidential Spokesperson on the August 2020 inflation

The Palace considers the easing of the August 2020 inflation to 2.4% a positive development. We credit this to the gradual re-opening of the economy, where we see a decrease in...

700 gov’t agencies in search of 10,000 employees

The government is set to hire more than 10,000 workers as 700 agencies open their doors to individuals seeking employment amid the COVID-19 pandemic. The Civil Service Commission (CSC) said the opening...

Telco provides new convenient ways for subscribers to manage accounts

Globe believes that the health and safety of its customers is important especially during this time as Globe now provides its customers with more convenient ways to manage your Globe accounts...

ERC Fines MERALCO with PhP19 Million

ERC PR In its recently-issued Decision dated 20 August 2020, the Energy Regulatory Commission (ERC) imposed a PhP19 Million fine on Manila Electric Company (MERALCO) for violating the regulatory agency’s Advisories that...

Ph budget deficit balloons amid COVID-19 pandemic

The year-to-date budget deficit of the country has been recorded at Php 700.6 billion due to high spending and low revenue collection brought about by the COVID-19 pandemic. The Bureau of Treasury...
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