ILOILO CITY – Crime in Western Visayas dropped by 67 percent during the first two weeks of Police Brig. Gen. Randulf Tuaño as Police Regional Office-6 chief. Tuaño said PRO-6 units recorded 11 cases of eight focus crimes from June 1 to June 7, compared to 33 from May 25 to 31. The eight focus...
The Bangko Sentral ng Pilipinas (BSP) would likely continue hiking interest rates this year despite the lower-than-expected inflation rate in May, even as the pace of monetary policy tightening may be more gradual as economic growth remains subdued, according to Singapore-based United Overseas Bank...
Malacañang has attributed the easing of inflation rate from 7.2 percent to 6.8 percent to the government 's targeted assistance to sectors affected by inflation and the energy emergency. "Ang pagbaba ng inflation sa 6.8% nitong Mayo ay magandang balita para sa mga pamilyang Pilipino (The...
The Bureau of Internal Revenue (BIR) expanded its list of tax-exempt power sector fees, a move aimed at preventing double taxation and lowering electricity bills for consumers amid volatile global energy markets. Under Revenue Memorandum Circular 60-2026 issued on June 4, the government’s main...
British banking giant Barclays now expects the Bangko Sentral ng Pilipinas (BSP) to deliver just one more interest rate hike this month before eventually returning to monetary policy easing, after inflation in May slowed more than anticipated. In a report obtained by Manila Bulletin,...
The inflation rate in May eased slightly to 6.8 percent from the more-than-three-year high of 7.2 percent recorded in April, although it remained well above the government’s two- to four-percent target range for manageable annual price increases. Last month’s headline rate nonetheless surged...
Foreign banks expect Philippine inflation to have picked up further in May, above the already more-than-four-year high of 7.2 percent last April, making room for more interest rate hikes by the Bangko Sentral ng Pilipinas (BSP). In a May 29 report obtained by Manila Bulletin, Goldman Sachs...
The Philippine National Police (PNP) has committed to do more in sustaining gains in peace and order after it reported a 25.77-percent decline in focus crimes in May this year. From 2,895 incidents in May last year, PNP chief Gen. Jose Melencio C. Nartatez, Jr. said it went down to 2,149 incidents...
Philippine economic growth is seen falling to a new post-pandemic low of three percent this year as the lingering impacts of last year’s multi-billion-peso flood-control corruption scandal and the prolonged war in the Middle East weigh on investor and business confidence, according to think tank...
Philippine economic growth needs “a major impetus” after slowing to its weakest pace since the pandemic recovery period, with rising inflation, higher interest rates, and the prolonged Middle East conflict expected to weigh on the country’s property sector, according to property consultancy...
BACOLOD CITY – The Police Regional Office-Negros Island Region (PRO-NIR) reported a 27 percent decrease in total crime incidents in the region in the first quarter of this year. The Crime Incident Reporting and Analysis System (CIRAS) said 2,842 incidents were recorded from January to March 2025,...
The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
