Study: Metro Manila wages not keeping up with inflation
MANILA, Philippines — The daily minimum wage in Metro Manila has not kept up with the rate of inflation or even the productivity of Filipino workers, according to IBON Foundation.
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Negros Occidental worm infestation spreads to 7 LGUs
BACOLOD CITY, Philippines — The number of local government units (LGUs) affected by the armyworm infestation in Negros Occidental has increased to seven.
BSP rate cuts unlikely this year
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is unlikely to slash interest rates this year as domestic inflation is still not low enough to warrant a rate cut, according to foreign economists.
Traders commit to lower rice prices starting July
MANILA, Philippines — Rice retailers have committed to selling rice at lower prices, or P45 per kilo, starting in July.
Gilas edges Taiwan Mustangs in exhibition
MANILA, Philippines -- Gilas Pilipinas is leaving the Philippines in high spirits after drubbing the Taiwan Mustangs, 74-64, in a send-off friendly match Monday night at the Philsports Arena in Pasig City.
Gilas girls batter Maldives by 123 points in FIBA U18 Asia Cup opener
MANILA, Philippines — There was absolutely no mercy from the Gilas Pilipinas women U18 team as they blew Maldives right out of the water, 141-18, in their opening game of the 2024 FIBA U18 Women’s Asia Cup Division B in China on Monday.
New Filinvest hotel project seen to boost employment, tourism in Baguio
MANILA, Philippines— Filinvest Hospitality Corp. (FHC) envisions its upcoming hotel venture to boost Baguio City’s tourism industry and generate more employment.
The week ahead
These are bleak times on the PSEi. After teasing a breach of the 6,350 support level for several days, it finally punched through with an emphatic down day. We are back to where we were in November of last year.> PH: The big thing on my list is the BSP interest rate announcement on Thursday morning.