PH inflation further slows to 1.7% in August

MANILA — The country’s inflation rate decelerated further to 1.7 percent in August 2019, its slowest pace in almost three years, as prices of food and non-alcoholic beverages continued to decline. In a press briefing Thursday, Philippine Statistics Authority (PSA) Undersecretary and National Statistician Claire Dennis Mapa said last month’s figure is the lowest inflation since … Read More

Violent protests in Hong Kong hit economy hard

HOUSTON — The violent protests in Hong Kong are losing support and are battering the city’s economy, Jon Raymond Taylor, a US academic has said.  “When you start doing things that are of a very violent nature, you’re going to lose the support of people. You’re going to scare people. You’re going to impact Hong Kong’s … Read More

PRRD orders gov’t agencies to simplify transactions

MANILA — President Rodrigo Duterte on Monday ordered five government agencies to simplify their transactions and use technology to accelerate service delivery. The President issued the directive to Land Transportation Office (LTO), Social Security System (SSS), Bureau of Internal Revenue (BIR), Land Registration Authority (LRA), and Pag-IBIG Fund as he delivered his fourth State of the … Read More