More major manufacturers of basic necessities and prime commodities have committed to implementing a voluntary price freeze in support of Filipino consumers amid rising prices of goods and the ill effects of the El Niño phenomenon, the Department of Trade and Industry announced last Saturday. In a statement, the DTI said several firms, including Monde Nissin, Alaska Milk Corporation, Nestlé, …
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Finance Secretary Ralph G. Recto has welcomed the decision to exempt trucks carrying agricultural goods from toll fee hikes and avail of rebates beginning June 1, 2024 in order to reduce food inflation and ensure the stability of food prices. “I thank our government agencies as well as our partner toll expressway concessionaires and operators for their full cooperation. This …
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Filipinos with non-communicable diseases (NCDs) such as cardiovascular diseases, cancer, and diabetes, shoulder significant out-of-pocket healthcare expenses. This finding was highlighted in a recent webinar conducted by the Philippine Institute for Development Studies (PIDS) featuring the study titled “Determinants of Household Out-of-Pocket Expenditure on Noncommunicable Diseases”. Authored by PIDS Consultant Lovely Ann Tolin and PIDS Senior Research Fellow Valerie Gilbert …
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The government has confiscated more than P25 million worth of illegal vape products in the first five months of the year, the Department of Trade and Industry (DTI) reported on Saturday. The DTI seized P25,874,175 worth of illegal vape products, surpassing the agency’s total illegal vape seizure for the entire 2023, amounting to P5,453,852. Trade Secretary Alfredo Pascual attributed these …
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One in eight children in the world have been victims of non-consensual taking, sharing and exposure to sexual images and video in the past 12, according to a study of the University of Edinburgh. The Agence France Presse citing the study said this number based on the data of the university’s Childlight Global Child Safety Institute which did the study. …
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By Robert Andaya The results:Game 1 – Ginebra 92, Meralco 88.Game 2 – Meralco 103, Ginebra 91.Game 3 – Meralco 87, Ginebra 80.Game 4 – Ginebra 90, Meralco 71Game 5 – Ginebra 89, Meralco 84.Game 6 – Meralco 86, Ginebra 81Game 7 – Meralco 78, Ginebra 69.(Meralco wins semifinal series, 4-3). SORRY PBA fans, but there’s no San Miguel Beer-Barangay …
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TWO major international tournaments are in the offing for the Philippine Obstacle Sports Federation (POSF) including the OCR World Championships in Costa Rica this August. POSF head Atty. Al Agra announced in Tuesday’s Philippine Sportswriters Association (PSA) Forum a total of 18 athletes will be competing in ninja races, obstacle course short, and obstacle course long in both the world …
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Two top entries emerged victorious at the end of the second edition of this year’s World Slasher Cup 9-Cock Invitational Derby at the Smart Araneta Coliseum. The Mulawin entry of multi-titled derby champion Frank Berin and the combined entry of Mike Romulo and Owen Medina (GITT Tonio) shared the coveted WSC title after 8-1 win-loss record at the finale of …
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BY sweeping the FIBA Under-18 Women’s Asia Cup SEABA Qualifiers recently, the Gilas Pilipinas U18 team took the first steps needed to regain Division A status. Next comes the big leap. Putting on a masterful performance in Ratchaburi, the Philippine squad, coached by Julie Amos, swept the four-team field, routing host Thailand 103-58, Malaysia 100-68, and Indonesia 73-37. “Winning it …
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The Philippine Ports Authority (PPA) is finalizing plans to build ports across the archipelago to improve inter-island trade and travel. PPA said it is ready to spend P32.39 million to hire consultancy services for the development of feasibility studies and master plans for around 10 select ports. The ports included in the contract will be built in Davila, Pasuquin, Ilocos …
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The Market Monitor Minding the Nation's Business