Day: July 31, 2025

Manila: The Bangko Sentral ng Pilipinas (BSP) announced that inflation in the Philippines likely decreased to below 1 percent in July. In a statement released on Thursday, the BSP projected that inflation for the month would settle within a range of 0.5 percent to 1.3 percent. According to Philippines News Agency, the BSP identified several factors that could influence inflation in July. Price increases in meat and vegetables, driven by unfavorable weather conditions, were noted as significant contributors. Additionally, rising electricity rates, elevated domestic fuel costs, and the depreciation of the peso were also cited as potential upward pressures on

Manila: The Department of Labor and Employment (DOLE) stated on Thursday that the responsibility for filing new bills concerning additional wages for workers rests solely with Congress. According to Philippines News Agency, DOLE Secretary Bienvenido Laguesma explained that once a bill becomes law, the department’s role is to implement it. “Refiling and filing of new bills, including wage hikes, is within the power of our legislative branch. That’s their mandate. If any proposed legislation, whatever the subject matter, becomes a law, it is the duty of the executive department, in this case, the DOLE, to implement the same,” he remarked

Butuan city: The Police Regional Office (PRO) 13 in Caraga has expressed gratitude to its stakeholders and various police field units for their significant contributions to the success of the 30th Police Community Relations (PCR) Month celebration. The recognition was part of the culmination rites held on Thursday, which also honored personnel for their outstanding community engagement throughout the month-long observance. According to Philippines News Agency, the ceremonies emphasized the importance of continuing the work of Police-Community Relations beyond the formal observance. Brig. Gen. Marcial Mariano Magistrado IV, who recently took over as the PRO-13 director, highlighted this during his

Manila: The wait-and-see stance vis- -vis the implementation of the 19 percent tariff on Philippine exports to the US starting Friday resulted in a further drop in the Philippine Stock Exchange index (PSEi) and the peso Thursday. The main equities index shed 1.04 percent to 6,252.73 points, and the broader All Shares by 1.05 percent to 3,736.91 points. According to Philippines News Agency, all the sectoral indices also ended in the red, led by the Mining and Oil after it fell 3.01 percent. Trailing behind were Holding Firms, down by 1.61 percent; Financials, 1.49 percent; Industrial, 1.32 percent; Services, 1.23 percent;

Manila: Philippine National Police Anti-Cybercrime Group (PNP-ACG) operatives have arrested in the past six months 17 individuals for the illegal online sale of text-blast machines and signal jammers, a police official said Thursday. According to Philippines News Agency, in a press briefing held at Camp Crame, PNP-ACG Director, Brig. Gen. Bernard Yang, presented to the media items confiscated from an alias Kian, 36, the latest suspect to be arrested by the Southern District Anti-Cybercrime Team in an entrapment operation in Taguig City on July 22. Kian, who was arrested for the illegal online sale of SMS blaster devices, was engaged