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Government readies measures for sectors amid easing inflation

DESPITE the easing of inflation in October, the National Economic and Development Authority (Neda) is now bracing for more economic headwinds in the coming months due to an intensified El Niño and the impact on prices of holiday spending. Among the proposed government measures to keep prices of basic goods stable… ....

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The Shelf Life of Rice, Flour and Other Pantry Staples

The shelf life of some of your pantry staples might be longer than you think — especially if the food has been stored properly. ....

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Inflation may have breached 6% mark in September–BSP • Cai U. Ordinario

Expensive oil and electricity prices as well as the depreciation of the peso may have caused inflation to breach the 6-percent mark in September, according to the Bangko Sentral ng Pilipinas (BSP). In its month-ahead inflation forecast, BSP said inflation could have averaged 5.3 to 6.1 percent in September. In August, inflation averaged 5.3 percent. ....

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House leaders meet DOE, oil firms on petrol price reductions

THE leadership of the House of Representatives said on Monday that lawmakers can closely work with oil players to ease the impact of increasing oil prices, but cautioned against taking measures against uncooperative firms. In a statement following their closed-door meeting with the Department of Energy and oil firms, Speaker… ....

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High inflation won't derail bid for investments–Neda

HIGH inflation will not dampen the country’s growth prospects and efforts to become a major investment destination in the region, according to the National Economic and Development Authority (Neda). In a press briefing in Dubai, Socioeconomic Planning Secretary Arsenio M. Balisacan said the country’s 6 to 7 percent growth target… ....

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