The Bangko Sentral ng Pilipinas (BSP) expects inflation in the Philippines to hit as high as 9.3% in February due to continuing increases in commodity prices. Transport groups in the National Capital Region and Region 3 have announced a "transport holiday" from March 6 to 12 to protest the government's public utility vehicle modernization program. The Land Transportation Franchising and Regulatory Board has set a deadline of June 30, 2023 for traditional jeepneys to transition to cooperatives or corporations or stop operating. In Cebu, Governor Gwendolyn Garcia has asked the Department of Transportation to pay the province for use of land along the route of the Cebu Bus Rapid Transit project.
The Bangko Sentral ng Pilipinas (BSP) expects inflation in the Philippines to hit as high as 9.3% in February due to continuing increases in commodity prices. Transport groups in the National Capital Region and Region 3 have announced a "transport holiday" from March 6 to 12 to protest the government's public utility vehicle modernization program. The Land Transportation Franchising and Regulatory Board has set a deadline of June 30, 2023 for traditional jeepneys to transition to cooperatives or corporations or stop operating. In Cebu, Governor Gwendolyn Garcia has asked the Department of Transportation to pay the province for use of land along the route of the Cebu Bus Rapid Transit project.
The Bangko Sentral ng Pilipinas (BSP) expects inflation in the Philippines to hit as high as 9.3% in February due to continuing increases in commodity prices. Transport groups in the National Capital Region and Region 3 have announced a "transport holiday" from March 6 to 12 to protest the government's public utility vehicle modernization program. The Land Transportation Franchising and Regulatory Board has set a deadline of June 30, 2023 for traditional jeepneys to transition to cooperatives or corporations or stop operating. In Cebu, Governor Gwendolyn Garcia has asked the Department of Transportation to pay the province for use of land along the route of the Cebu Bus Rapid Transit project.
According to CNN In a statement on Tuesday, the central bank said
inflation this month may settle within the range of 8.5% to 9.3%. Metro Manila (CNN Philippines, February 28) — The sharp rise in commodity prices is expected to continue in February, with the Bangko Sentral ng Pilipinas (BSP) seeing the inflation rate hitting as high as 9.3%. In a statement on Tuesday, the central bank said inflation this month may settle within the range of 8.5% to 9.3%. January inflation stood at 8.7%. According to the BSP, possible upward pressures on inflation include higher LPG prices, and the uptick in prices of pork, fish, egg, and sugar. Meanwhile, lower prices of domestic petroleum, fruits and vegetables, chicken, and beef, and the strengthening of the peso could ease price pressures this month. "The BSP will continue to adjust its monetary policy stance as necessary to prevent the further broadening of price pressures as well as the emergence of additional second-order effects," the central bank said. The government has kept the inflation target from 2% to 4% for 2023
Over 9% inflation rate in February possible – BSP
(cnnphilippines.com)
TAGALOG ARTICLE
According to ABS CBN, Transport groups may ikinakasang tigil-pasada
sa Marso 6-12. Inanunsyo nitong Lunes, Pebrero 27 ng ilang transport group ang “transport holiday” sa National Capital Region at Region 3 upang ipahayag ang kanilang pagtutol sa Public Utility Vehicle (PUV) modernization program ng gobyerno. Ayon sa ulat, ikakasa ang tigil-pasada mula Marso 6 hanggang Marso 12. Kasunod ito ng itinakda ng Land Transportation Franchising and Regulatory Board (LTFRB) na huling biyahe ng mga tradisyunal na jeep sa Hunyo 30, 2023 maliban kung nagsimula na silang sumali sa isang kooperatiba o korporasyon. Para sa LTFRB, mas mabuting maging miyembro ng isang kooperatiba ang isang jeepney driver dahil hindi na nila kailangan pang magkaroon ng boundary.
Tigil-pasada sa Marso 6-12 ikinakasa | ABS-CBN News
BISAYA ARTICLE
Kapitolyo mangayo og bayad sa luna nga maagian sa BRT.
CEBU, Philippines — Gusto ni Gobernador Gwendolyn Garcia nga bayaran ang Probinsiya sa Sugbo sa mga luna nga maagian sa rota sa Cebu Bus Rapid Transit (CBRT). Atol sa pakigtigom ni Garcia tali sa mga engineer sa Department of Transportation (DOTr) lakip niini si Engineer Norvin Imbon, project manager sa CBRT kinsa nipresentar ngadto sa gobernador sa layout sa phase 1 sa maong proyekto diin ang groundbreaking ipahigayon karong karong Pebrero 27. Ang unang phase sa maong proyekto magsugod sa Kapitolyo agi sa Osmeña Boulevard dayon liko padulong Natalio Bacalso padulong sa Cebu South Bus Terminal. Si Garcia nagkanayon nga maagian sa maong proyekto ang pipila ka luna nga gipanag-iya sa probinsiya nga unang gi-designate nga road lot ug dili bus stations sa CBRT project. Ug tungod niini ni-demand si Garcia sa DOTr nga bayaran ang Kapitolyo niini hilabina nga ang maong bus station mogamit sa 160 metro kwadrado nga bahin sa luna. Kapitolyo mangayo og bayad sa luna nga maagian sa BRT | Banat (philstar.com)