Amid the public outrage over the Department of Trade and Industry's (DTI) suggested P500 noche buena, Albay 1st district Rep. Edcel Lagman shared on Twitter a hearty menu for the traditional Chirstmas meal that only costs P4. Albay 1st district Rep. Edcel Lagman (Facebook) The catch is, Lagman is...
TOKYO, Japan -- Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs. Core consumer prices, which exclude volatile fresh food costs, climbed 3.7 percent last month, compared to a year earlier, data released by the internal...
Suffice it to say that P3PWD Party-list nominee Rowena Guanzon flatly rejects the supposed pronouncements from the Department of Trade Industry (DTI) that P500 is adequate budget for a Filipino noche buena. The at-times feisty Guanzon took to Twitter on Tuesday, Dec. 20 to give a particular...
Majority of Filipinos believe that the Philippine economy is the most important issue that President Ferdinand “Bongbong” Marcos Jr. should focus on. A poll conducted by PUBLiCUS Asia Inc. covering a total of 1,500 female and male Filipino respondents showed that at least 25 percent of...
#MINDANAO John Tria The recent announcement of the eight percent inflation rate for November was met with some concern for the same reasons I mentioned in my Nov. 21 column where I discussed the four outcomes of inflation. Again, I say that I am not an economist nor prophet. I can only speak as a...
ILOILO CITY – Western Visayas registered a 9.6 percent inflation rate in November, the highest in 13 years, the Philippine Statistics Authority said. A FISH vendor in Iloilo City. (Tara Yap) “This is the region’s highest recorded inflation since January 2009,” said Nelida Amolar, chief...
A recently filed measure in the House of Representatives institutionalizes a 13th month pay for all government workers--including job order and contractual employees--if and when it gets enacted. (MANILA BULLETIN) Deputy Speaker and Las Pinas City lone district Rep. Camille Villar authored House...
President Ferdinand "Bongbong" Marcos Jr. is confident that the Philippines will not fall into an economic recession amid the soaring inflation. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) "Malakas ang loob natin hindi tayo magkakaroon ng recession dito sa Pilipinas dahil...
Editorial President Ferdinand Marcos, Jr. has stepped up his campaign to ensure stability of food prices by leading the Department of Agriculture’s program of establishing Kadiwa stores nationwide. He pointed out that Kadiwa outlets will continue to offer basic goods at lower prices beyond the...
President Ferdinand "Bongbong" Marcos Jr. has admitted that the country's inflation is "running rampant" and "out of control" but remains optimistic that the economy continues to recover. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "Although our growth rate looks healthy, our peso has...
While House Deputy Minority Leader and ACT Teachers Party-list Rep. France Castro on Tuesday, Dec. 6, urged President Ferdinand “Bongbong” Marcos Jr. to prioritize salary increase amid the 14-year-high inflation rate of 8 percent in November 2022, House Ways and Means chair and Albay 2nd...
The Department of Finance (DOF) expects inflation to remain elevated in the final month of the year due to increased demand from higher economic activity and supply constraints. In a statement, Finance Secretary Benjamin E. Diokno said on Tuesday, Dec. 6, that the average rate of increase in...
