Manila: The Philippine Institute of Volcanology and Seismology (Phivolcs) has issued a warning to the public, advising against livestreaming or taking videos near coastal areas during strong earthquakes. The agency has urged residents living near the …
Author: lwadmin
NGCP: Transmission Rates Down in October
Manila: Overall power transmission rates for end consumers will be lower this October, after these fell by 1.23 percent to PHP1.3998/kWh, officials of the National Grid Corporation of the Philippines (NGCP) said. In a briefing Wednesday, NGCP Assistan…
Digital Access Seen to Lift PH Insurance Penetration Rate
Pasig city: Insurance penetration in the Philippines remains below 2 percent, but an official of digital-only insurance firm Singlife Philippines is optimistic for an improvement given the affordability and digital-access options. In an interview on t…
Inflation Slows in Pangasinan While Holding Steady in La Union
Pangasinan: The inflation rate in Pangasinan experienced a slowdown, decreasing from 4.1 percent in August to 3.8 percent in September, while La Union’s inflation rate remained steady at 1.4 percent, as reported by the Philippine Statistics Authority …
Dy Assures Transparency, Safeguards in Unprogrammed Appropriations
Manila: Speaker Faustino ‘Bojie’ Dy III on Wednesday assured the public that the PHP249 billion in unprogrammed appropriations under the proposed PHP6.793-trillion 2026 national budget are lawful, transparent and strictly regulated, serving only as a …
Remittances from Overseas Filipinos Show Steady Growth in August
Manila: Money sent home by overseas Filipinos (OFs) continued to grow, increasing by 3.2 percent in August this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released by the BSP on Wednesday showed that cash remittances during the month reach…