Business

Inflation rate slightly up 3.8% in April

Headline inflation settled at 3.8 percent in April this year, significantly lower than the 6.6 percent recorded in the same month last year, the Philippine Statistics Authority (PSA) said on Tuesday. The headline inflation last month was within the government’s

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Oil price rollback today

Motorists and consumers can expect lower oil prices this week as companies will implement rollbacks starting today. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil and Shell said they will slash gasoline prices by P0.75 per liter and diesel

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PSEi extends shedding, peso nearly flat

The local bourse extended its losses for the third straight day, while the peso closed the week almost flat yesterday. The Philippine Stock Exchange index (PSEi) went down by 0.47 percent to 6,615.55, with All Shares also losing 0.18 percent,

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Recto: No need yet to revise revenue target

Finance Secretary Ralph Recto said the government is sticking to its revenue collection target for now, adding that he is hopeful that the double-digit growth in the Bureau of Internal Revenue’s (BIR) collections will be sustained until the end of

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SSS issues violation notices to delinquent employers

Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet urged Filipino workers to be vigilant and regularly check if their contribution records are updated as the SSS pursued delinquent employers nationwide. Macasaet led the simultaneous Run After

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Oil price rollback set Apr.30

An oil price rollback on Tuesday will snap the six straight weeks of increase in gasoline prices. This, as Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil and Shell announced Monday that they will cut gasoline prices by P0.25 per liter and

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Cadiz City sees 46% drop in Panaad 2024 sales

The Cadiz City Pavilion experienced a significant downturn in sales during the weeklong Panaad Sa Negros Festival 2024 held at the Panaad Park and Stadium in Barangay Mansilingan, Bacolod City. The festival, which ran from April 15 to 21, witnessed

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PSEi continues rebound; peso closes sideways

The local stock market continued to rebound on Wednesday, closing near the 6,600 level, while the peso moved sideways. The Philippine Stock Exchange index (PSEi) gained 65.95 points, closing at 6,572.75, while the broader All Shares also rose 16.56 points

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Kabataan Partylist-Negros condemn harassment of student leader

Kabataan Partylist-Negros vehemently condemned the intimidation, psychological harassment, and constant illegal surveillance by the state forces to Florence Guzon, KPL-Negros’ Secretary General, a press release from the group said. Last April 25, state elements went to Guzon’s residence in Talisay

GSIS teams up with PGEA to benefit gov’t workers

The Government Service Insurance System (GSIS) is leveling up its engagement with the Philippine Government Employees Association (PGEA) in a move to further improve the collaboration of both institutions for the benefit of government employees nationwide. “We are committed to

The pursuit for unity with God

Once again, we are made to consider the greatest desire Christ expressed just before his passion, death and resurrection in the gospel reading of the Mass on Thursday of the 7th Week of Easter. (cfr. Jn 17,20-26) His desire was

Water district presents plans to address supply issues

• GILBERT P. BAYORAN PrimeWater, with joint venture partner Bacolod City Water District (BACIWA), presented their water management initiatives to address the increasing challenges in water supply in Bacolod City, during a recent hearing of the Sangguniang Panlungsod. The partnership

NBI Bacolod has new head

• GILBERT P. BAYORAN A former head of the National Bureau of Investigation Anti-Terrorism Division is now leading the NBI Bacolod District Office. Manuel Fayre Jr. replaced Atty. Renoir Baldovino, who had been assigned in Bacolod City for more than

Photo of the Day

DEVOTION. Vendors selling devotional items across the San Vicente Ferrer Parish-Shrine, also known as “Vito Church” located at Barangay Vito in Sagay City, Negros Occidental.* Andrew Altarejos photo