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Main growth contributors were transportation and construction; services sector posted highest positive growth (Eagle News) – The Philippine economy grew by 7.4 percent in the second quarter of 2022, mostly due to growth in the construction sector and transportation and storage, according to figures from the Philippine Statistics Authority. The figure, however, was lower than the first quarter growth figure of 8.3 percent, and also lower than the fourth quarter of 2021 growth rate […]
Tropical Storm “Mulan” outside PAR located west of Northern Luzon (Eagle News) — The southwest monsoon is affecting the western section of Luzon. According to the Philippine Atmospheric Geophysical and Astronomical Services Administration, Tropical Storm “Mulan” which is still outside the Philippine Area of Responsibility is so far located 880 kilometers west of Northern Luzon. Ilocos Region, Zambales, Bataan and Kalayaan Islands, PAGASA said, will have cloudy skies with scattered rain showers and thunderstorms as […]
The Philippines’ economic growth slowed in the second quarter, officials said Tuesday, as they warned that surging inflation and the coronavirus pandemic would weigh on the outlook for the rest of the year. Gross domestic product rose 7.4 percent, slightly weaker than the 7.5 percent expected and down from 8.2 percent in the previous three months, Economic Planning Secretary Arsenio Balisacan told reporters. “We’re likely to face challenges indeed in sustaining that growth,” he […]
(Eagle News) – The Philippines’ Department of Foreign affairs (DFA) welcomed the cessation of hostilities in the Gaza Strip, saying it hoped that this ceasefire would hold. It also maintained the Alert Level 1 or precautionary phase in Israel. Alert Level 1 is issued “when there are valid signs of internal disturbance, instability, and/or external threat to the host country,” according to the DFA. The truce between truce between Islamic Jihad militants and Israel came […]
(Eagle News) – Oil firms are set to implement another big price rollback for oil products, around P2 per liter, on Tuesday, August 9, as world crude prices continued to drop last week. Gasoline prices will be slashed by P2.10 per liter, diesel by P2.20 per liter, and kerosene by P2.55 per liter. Prices of petroleum products have been mostly decreasing since July. The price rollback will take effect either at 12 midnight Tuesday, or […]
(Eagle News) — The employment rate in the country stayed at 94% in June, the Philippine Statistics Authority said. According to the PSA, the registered employment rate was higher than the 92.3 percent employment rate registered in the same period of 2021. The PSA said in terms of magnitude, 46.59 million Filipinos who are 15 years old and above were employed in June 2022, higher by 508,000 from the 46.08 million employed in May 2022. […]
DepEd says August 22 school opening to push through as scheduled (Eagle News) — President Ferdinand “Bongbong” Marcos Jr. said that the resumption of face-to-face classes this month (August) would revive the economy amid the impact of the Covid-19 pandemic as he cited enrollment figures of 15.2 million learners for this coming school year. In his weekly vlog, President Marcos said that the full implementation of face-to-face classes would resume as scheduled. This would […]
(Eagle News)–The Philippines logged over 4000 more COVID-19 cases on Sunday, Aug. 7. According to the Department of Health, the additional 4621 cases pushed the total COVID-19 cases to 3803955. Of these, 37905 were active cases. Of the regions, Metro Manila logged the highest number of new COVID-19 cases in the last 14 days, with 15580. It was followed by Calabarzon with 10125, Central Luzon with 5109, Western Visayas with 2797, and Central Visayas with […]
Metro Manila with 15140 new COVID-19 cases in last 14 days (Eagle News)–The Philippines logged over 4000 more COVID-19 cases on Saturday, Aug. 6. According to the Department of Health, the additional 4328 cases pushed the total COVID-19 cases to 3799334. Of these, 37344 were active. Of the regions, Metro Manila registered the highest number of new COVID-19 cases in the last 14 days, with 15140. It was followed by Calabarzon with 10005, Central Luzon […]
by Allison JACKSON Agence France Presse US Secretary of State Antony Blinken met with Philippine President Ferdinand Marcos Jr Saturday in a bid to bolster the countries’ “strong” alliance, as China conducts military drills around Taiwan. Blinken is the most senior US official to visit the Philippines — a treaty-bound ally of the United States — since Marcos took office. “The alliance is strong and I believe can grow even stronger,” Blinken told Marcos […]
MDT “in constant evolution,” President says in meeting (Eagle News)–President Bongbong Marcos and United States Secretary of State Anthony Blinken discussed the Mutual Defense Treaty in the latter’s courtesy call in the Palace on Saturday, Aug. 6. Marcos said in the meeting that the MDT “is in constant evolution, I’d like to think of it.” The MDT is a defense accord signed between the Philippines and the US in which each party “recognizes that an […]
4,701 additional COVID-19 cases reported on Friday, Aug. 5 (Eagle News) — Ninety-five more Omicron subvariant BA.5 cases have been detected in the Philippines. According to Department of Health officer-in-charge Ma. Rosario Vergeire, of these, 67 came from Region 11, 25 from Region 12, and one each from Region 10, Caraga, and Metro Manila. She said so far, their travel histories are being verified. Meanwhile, on Friday, Aug. 5, the Philippines logged 4,701 more cases. […]
