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Inflation settles within government target in January; BSP still wary

CHEAPER vegetables and sugar may have led to an inflation rate in January that is well within the government’s targets, according to the Bangko Sentral ng Pilipinas (BSP). In its month-ahead inflation forecast, BSP said inflation could settle at 2.8 percent to 3.6 percent. BSP Governor Eli M. Remolona Jr.… ....

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Pag-Ibig premium hike to draw P38B | Samuel P. Medenilla

THE Home Development Mutual (Pag-IBIG) Fund expects to earn an additional P38 billion from its scheduled premium hike next month, according to a top official of the government financial institution (GFI). In a television interview last Thursday, Pag-IBIG Member Services Cluster Deputy CEO Alexander Hilario G. Aguilar disclosed the additional… ....

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DA chief sees flat rice output growth for PHL in 2023 amid El Niño threat

The Department of Agriculture (DA) expects a flat growth in rice output this year due rising incidents of droughts caused by El Niño.  Manila is now set to finally sign a new memorandum of agreement (MOA) with Hanoi during the upcoming visit of President Ferdinand R. Marcos Jr. to Vietnam… ....

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Pag-ibig gains FFW support as labor benefits to grow under new monthly rates

Pag-IBIG Fund has secured the support of the Federation of Free Workers (FFW), one of the country’s top labor organizations, in its plan to increase the nearly four-decade old mandatory monthly savings rate for both members and their employers starting January 2024, officials said Monday. The FFW, in its letter… ....

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