Nedy Tantoco, luxury retail leader, 77
MANILA, Philippines — Zenaida R. Tantoco , a leader and visionary in the country’s high-end luxury retail industry, died last Thursday at age 77.
Markets latest news
Oil price rollback expected next week
MANILA, Philippines — Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene.
2024 NBA trade deadline day: Knicks take a big swing
Bojan Bogdanovic left Detroit to join a now even-more-formidable contender in New York. Gordon Hayward is leaving Charlotte for one of the NBA’s best surprise stories this season in Oklahoma City. Doug McDermott was once traded by Indiana to San Antonio, and now, the Spurs have traded him back to the Pacers.
El Niño damage hits P151M – DA
AGRICULTURAL damage caused by El Niño has risen to P151.3 million, with most of the losses occurring in regions where rice is cultivated, the Department of Agriculture (DA) said.
High rice prices to persist until September – DA
MANILA, Philippines — Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture (DA).
Meralco rates higher next month
MANILA, Philippines — Electricity rates in areas serviced by the Manila Electric Co. (Meralco) are set to increase this month by P0.5738 per kilowatt-hour, to P11.9168 per kwh from P11.3430 last month.
DA chief assures stable rice supply in 1H, helped by harvest, imports
Agriculture Secretary Francisco P. Tiu Laurel, Jr. assured the public Thursday that the country’s rice supply is sufficient through the first half of this year, with recent imports and the upcoming harvest that peaks in March and April, ensuring stable price of the country’s main food staple through June in spite of El Nino.
Latest Labor Force Survey results reflect continued improvement of PH jobs market and quality of jobs for Filipinos
Finance Secretary Ralph G. Recto has expressed optimism on the December 2023 Labor Force Survey results which showed that the Philippines recorded a historic-low unemployment rate, declining underemployment, and faster growth in the labor force––all reflecting the continued improvement of the country’s jobs market and quality of employment for Filipinos.