• 05 May 2015
MANILA , May 5 --  Cutbacks in the prices of food, electricity, and fuel brought headline inflation down to 2.2 percent in April 2015 from 2.4 percent in the previous month and from 4.1 percent in April 2014, according to the National Economic and Development Authority (NEDA). “Low and stable inflation in January to April 2015, which averaged at 2.3 percent, bodes well for consumption growth. It is also within the Development Budget Coordination Committee’s inflation target range of 2.0 to 4.0 percent,” said NEDA Officer in Charge (OIC) and Deputy Director-General Emmanuel F. Esguerra. The Philippine Statistics Authority reported that moderate inflation in the food subgroup (4.0% from 4.4%) lingered in April 2015, pulling down headline inflation. The slowdown in food inflation can be attributed to slower price adjustments in rice, meat, and fruits. Non-food inflation also slackened in April 2015 following continued rollbacks in electricity, gas, and other fuels. Rollback in domestic petroleum prices continued following the sharp decline in international oil prices since the last quarter of 2014. Meanwhile, core inflation, which excludes selected volatile food and energy ...Read more

Filipino community in Chicago looks forward to President Aquino’s visit

 CENTRAL  05 May 2015
CHICAGO, Illinois, May 5 --   Filipinos living and working here in Chicago are looking forward to President Benigno S. Aquino III’s one-day working visit on May 6.President Aquino, who is scheduled to arrive on May 6, will meet with members of the Filipino community here before traveling to Cana ...Read more

DOLE:  More  women applicants prefer to work here than abroad 

 CENTRAL  05 May 2015
MANILA, May 5 -- Women accounted for the bulk of registrants for job vacancies in the local labor market, while men preferred overseas jobs, the Department of Labor and Employment said of  last Friday’s Labor Day job fairs, conducted in 56 venues all over the country.“There were 71,922 register ...Read more