The Bangko Sentral ng Pilipinas on Thursday projected higher inflation in August, noting increases in the price of rice and other agricultural products as well as fuel, higher transport cost, and the weaker peso during the month.
The Department of Environment and Natural Resources (DENR), with the help of Jesuit-run Manila Observatory (MO), are crafting a climate change information system to help government manage risks linked to changing and variable climate.
Torre Lorenzo Development Corp., a builder of condominium projects proximate schools and busy establishments, wants to be known as a boutique developer that is everywhere.
The Government Service Insurance System (GSIS) has welcomed its newly appointed board of trustees, who took their oath of office before Executive Secretary Lucas P. Bersamin and immediately held their first board meeting to set priorities for the country’s largest pension fund.
The various fuel retailers will raise the price of petroleum products this week, with gasoline up by P1.70 per liter, diesel by P2.70, and kerosene by P2.10. The adjustments will take effect Tuesday morning, with Seaoil, Jetti, and PTT implementing the hike at 6:00 a.m., and Caltex at 6:01 a.m.
Actor and entrepreneur Alden Richards is encouraging Filipinos to start saving without delay. “Don’t wait for the perfect moment to start saving—now's the best time to open an account,” he says.
Average rates on Treasury bills moved in mixed directions at Monday’s auction, as investors reacted to signals from the U.S. Federal Reserve that it may hold off on cutting interest rates in December.