Malacañang has declared Aug. 20 and 21 as holidays, a government press release said.

Proclamation No. 295 set as national holidays Aug. 20, for the observance of Eid’l Fitr and Aug. 21, Ninoy Aquino Day.

Also declared as holidays are August 27 (National Heroes Day), Oct. 26 (Eid’l Adha).

US drought may influence
PHL inflation rate – BSP

The prevailing drought in more than half of all the counties in the United States might influence Philippine inflation rate on a limited scale, a government press release said.

The US Department of Agriculture has put 1,584 counties in 32 states as disaster areas and 1,452 of which are related to drought.

The U.S. Drought Monitor has also indicated that 66 percent of the country’s hay acreage is located in drought-affected area and about 73 percent of the country’s cattle acreage is also affected.

PSBank optimistic
on 20% loan hike

MANILA &nd