Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.
The Philippine Statistics Authority's early June survey indicates a continued decline in regular milled rice prices, averaging P42.77 per kilogram—down nearly seventeen percent from P51.31 in the same period last year and slightly lower than May’s P43.64.
Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.
For a country where typhoons feel like subscription services and earthquakes show up uninvited, connectivity is not a luxury. It is survival. This year, help is not coming by truck or chopper. It is coming straight from the sky.
Ayala Corporation on Saturday issued a warning to the public regarding a fraudulent investment scheme circulating online that falsely uses the Ayala name and branding.
Artificial intelligence and cloud technology will play a bigger role than ever at the Olympic and Paralympic Winter Games Milano Cortina 2026, as Alibaba Cloud partners again with the International Olympic Committee (IOC) and Olympic Broadcasting Services (OBS).