• 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

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

GSIS opens scholarship slots to dependents of PWDs, IPs, solo parents

 CENTRAL  05 May 2015
MANILA, May 5 --  State pension fund Government Service Insurance System (GSIS) announced this year’s allocation of 20 of the 200 GSIS Scholarship Program (GSP) slots for qualified dependents of persons with disabilities (PWDs), indigenous peoples (IPs), and solo or single parents. The enhanc ...Read more