Inflation hits 14-year high of 11.4%
July 3, 2008
Here’s bad news #1: the country’s inflation rate in June 2008 jumped to 11.4% due to surging prices of food and fuel as well as the weakening value of the peso against the dollar.
The figure was above the Bangko Sentral ng Pilipinas (Central Bank of the Philippines)’s forecast range of 10.4-11.2%. It was also the fastest pace in 14 years since May 1994 when inflation was recorded at 11.5%.
Long 12-day holiday during Christmas 2008
April 14, 2008
Did you know that we’re having an almost 2-week long holiday this Christmas 2008?
A combination of special non-working days and the government’s policy of holiday economics — wherein specific holidays are moved to the nearest Mondays — made possible as many as 12 consecutive vacation days this December 2008.
(Pic) Dates of official Philippine holidays in 2008
January 16, 2008
From Official list of Philippine holidays in 2008
UP Centennial Celebration 2008 starts this week
January 6, 2008
The country’s premier institution of higher learning, the University of the Philippines (UP), is now 100 years old. Established on July 18, 1908, UP has since produced leaders in both government and industry, trailblazers in the arts and humanities, and innovators in science and engineering.
The year 2008 is UP’s Centennial Year and was officially declared one by President Gloria Macapagal-Arroyo through Proclamation No. 913. The celebration officially begun on July 18, 2007 and will last until December 31, 2008.
Following are highlights of activities related to this year’s UP Centennial celebration. A complete calendar of activities from January to December 2008 can be found in the UP Centennial website.
Happy New Year!
January 1, 2008
To all our Pinoy Money Talk members, readers, visitors, feed subscribers, supporters, and friends, HAPPY NEW YEAR!
Here’s to hoping that 2008 brings prosperity, happiness and good health to all of you!
To “spark” your day, here are pictures of New Year fireworks revelry in some parts of the globe, courtesy of Reuters.
Fireworks display in Athens, Greece
