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    Easing rice prices may slow inflation in April

    Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.

    Rice stocks up, corn inventories down in March

    The country's rice stocks inventory was estimated at 1.61 million metric tons at the start of March, an 18 percent increase from the 1.37 million metric tons recorded in the same period last year.

    March inflation slips to 1.8%, slowest since May 2020

    Philippine inflation decelerated to 1.8 percent in March, its slowest pace since the 1.6 percent registered in May 2020 when the economic activities was challenged by the COVID-19 pandemic-related lockdowns. This decline, down from 2.1 percent in February, was largely driven by lower food prices, particularly rice, which saw a significant annual decrease. 

    Philippines rice imports expected to drop in Q1

    The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

    Lower rice, tomato prices may slow inflation in March

    Lower food prices in February contributed to a drop in inflation to 2.1 percent for the month. This was slower than both central bank and market forecasts, and marked a significant decline from 2.9 percent in January.

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    Fuel price hikes set this week

    Motorists and businesses should brace for another round of fuel price increases this Tuesday, with Jetti Petroleum Inc. projecting hikes of P0.60 to P0.80 per liter for gasoline and P0.30 to P0.50 per liter for diesel. Kerosene is also expected to rise by around P0.10 per liter, according to the Department of Energy (DOE).

    Marcos Jr. gov’t urged to greenlight national logistics backbone project within term

    The consortium behind the proposed breakthrough national logistics integrated backbone project has reaffirmed its commitment to complete the infrastructure program within the remaining years of President Ferdinand R. Marcos Jr.'s administration — provided swift government action is taken.

    Globe, Google complete successful trial of wireless optical tech

    Globe Telecom Inc., together with its subsidiary Fiber Infrastructure and Network Services Inc. (FINSI), has successfully completed a landmark field trial of Google's TAARA Free Space Optics (FSO) technology, achieving a 10Gbps wireless optical connection over 11 kilometers.

    DICT, Kintsugi forge digital transformation deal

    The Department of Information and Communications Technology (DICT) has signed a memorandum of understanding (MOU) with global tech firm Kintsugi to establish a strategic partnership aimed at advancing the Philippines’ digital transformation.

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