News & Current Events

Binay to spend P260 million on Christmas giveaways in Makati?

Vote-buying or genuine public service in Makati?
Last October 16, 2014 the Makati City government conducted pre-bidding conferences for four (4) projects that will supply items to be given out as Christmas giveaways in the coming December. Nothing wrong with giving Christmas gifts per se, but is spending P260 million just a bit too much?

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Calamity loan for SSS, GSIS members

Eligible members of the Social Security System (SSS) and the Government Service Insurance System (GSIS) who were affected by typhoon Glenda may now avail of a calamity relief package from these institutions.

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Elementary, High School, College classes suspended today

With Typhoon Glenda continuing to pummel Metro Manila and parts of Luzon, classes in affected areas have been suspended in all levels in most schools and universities.
Here’s a list of cities that have announced cancellation of classes in all levels, including elementary, high school and college, for both public and private schools.

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May 2014 Inflation Analysis and Outlook

The Philippines’ inflation rate in May 2014 accelerated to 4.5% year-on-year from 4.1% in April. This number is above the market consensus of 4.2% and on the high end of the Bangko Sentral ng Pilipinas (BSP)’s target inflation 3.9% to 4.7% for the month.

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PHL inflation rises to 2-year high of 4.2%

The country’s inflation in January 2014 accelerated to its highest rate in two years, due to higher prices of food, non-alcoholic beverages, clothing and household furnishings.
The National Statistics Office (NSO) announced yesterday that the Philippines recorded an inflation rate of 4.2% last month, the highest since December 2011 when inflation also climbed to 4.2%.

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