[ad_1] BSP Governor Benjamin Diokno MANILA –The rate of price increase in the Philippines rebounded in October 2020 to 2.5 percent from 2.3 percent the previous month, but Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said this is within Your expectations. In a Viber message to reporters on Thursday, …
Read More »Inflation accelerates to 2.5% in October
[ad_1] The rate of increase in consumer prices accelerated last month due to higher food prices, the Philippine Statistics Authority (PSA) announced.The country’s headline inflation hit 2.5 percent in October this year, faster than 2.3 percent in September and 0.8 percent in the same month last year, PSA data showed. …
Read More »Philippines can start COVID-19 vaccination by May 2021 – Galvez
[ad_1] Commuters head to the lined bus loading and unloading area along Agham Road in Quezon City on October 15, 2020. Mark Demayo, ABS-CBN News MANILA (TO UPDATE) The Philippines may begin inoculating COVID-19 vaccines to the public in May next year if all goes according to plan, Secretary Carlito …
Read More »Gálvez will appoint ‘new people’ to the central group of vaccines
[ad_1] MANILA, Philippines – There will be new people to help oversee the COVID-19 vaccination program in the country, Vaccine Czar Calito Galvez Jr. said Thursday. “Yes, we have the so-called new people and at the same time we are joining the IATF (Interagency Working Group on Management of Emerging …
Read More »As the ‘blue wave’ may collapse, Wall St. raves about divided government
[ad_1] After weeks of buying and selling stocks with the expectation that Democrats would sweep through the White House and Congress in a “blue wave,” Wall Street investors wasted little time getting back to their traditional political stance: stagnation is good. . On Wednesday, cloudy-eyed investors, traders, executives and analysts …
Read More »Biden approaches presidency as Trump launches legal challenges
[ad_1] His breakthrough came as the Trump campaign launched a series of multi-state lawsuits designed to prevent the former vice president from stepping out of line, including challenging Pennsylvania’s vote count in the Supreme Court. Biden’s victory in Michigan means that he has now captured two-thirds of the vaunted “blue …
Read More »No rush to buy vaccines despite ‘czar’ designation
[ad_1] MANILA, Philippines – The appointment of a former military chief to lead the country’s vaccine initiatives does not mean that the government is rushing its acquisition, and the Department of Health (DOH) said the regulatory process was aimed at ensuring that it was only safe and effective. vaccines are …
Read More »International aid for storm victims
[ad_1] The UK has pledged to donate £ 1 million (P62.6 million) to provide food and clean water to thousands of victims of Typhoon ‘Rolly’ (international name: Goni) in the Philippines and victims of the floods in Vietnam. Rolly, a Category 5 typhoon, devastated the eastern parts of the Philippines, …
Read More »More senators back initiative to defund ‘red labeling’ task force – Drilon
[ad_1] MANILA, Philippines – Senators from the majority and minority blocs are supporting the realignment of the proposed $ 19.1 billion funding for a multi-agency counter-insurgency task force to increase next year’s budget for housing and government response. to the pandemic, Senate Minority Leader Franklin Drilon said Wednesday. In a …
Read More »López de DTI trusts the rebound in manufacturing
[ad_1] Secretary of Commerce Ramon M. Lopez – PHILSTAR COMMERCE SECRETARY Ramón M. López remains confident of the economic recovery despite weakness in Philippine manufacturing in October, calling the drop a “pause” in momentum. The manufacturing purchasing managers index (PMI) fell to 48.5 last month from 50.1 in September, the …
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