Tuesday, September 5, 2023

August inflation uptick blamed on rice

 

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September 6, 2023

 

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August inflation uptick blamed on rice price spike


Overall inflation in the Philippines revved up to 5.3 percent in August, after waning throughout the previous six months to bring the average since January to 6.6 percent, according to the Philippine Statistics Authority. National Statistician Dennis Mapa said the uptick was partly due to a faster increase in the prices of milled rice.


By Ronnel W. Domingo

 

DOE warned: Filipinos to pay for expensive LNG


Relying on liquefied natural gas (LNG) to meet a growing electricity demand could mean even higher power rates for Filipinos, a US-based think tank warned, as the Department of Energy (DOE) sought to make the Philippines "a major player" in the industry despite volatile fuel prices.


By Meg J. Adonis

 

I was wrong. There is zero percent interest.


Have you heard of the Department of Science and Technology (DOST)? There is more to the DOST than weather forecasting through its science and technology institute, the Philippine Atmospheric, Geophysical and Astronomical Services Administration. 


By Efren Ll. Cruz

 

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BIZ BUZZ

Wanted: Fruitas business partners


If you're a daring entrepreneur looking to accelerate the growth of your business, the House of Fruitas —which has made a name for itself in strategic acquisitions in the food and beverage space —may be the answer.


By Daxim L. Lucas

 

INQUIRER PLUS-EXCLUSIVE

Converge upbeat on its enterprise segment


Converge ICT Solutions Inc. is upbeat with the prospects of its enterprise segment given the internet service provider's continued expansion in more areas and launch of solutions catering to small, medium and large businesses. 


By Tyrone Jasper C. Piad


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