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...
Consumer prices accelerated further to 8 percent in November, hitting a fresh 14-year high on the back of sustained rise in food costs, the Philippine Statistics Authority (PSA) reported. Headline inflation surged to 8.0 percent last month from 7.7 percent in October and 3.7 percent in the same...
For most netizens, the P10,000 cash assistance or "ayuda" is a meme. For the Makabayan bloc, the P10,000 ayuda is necessary for the survival of poor Filipinos. (Mari Gimenez/ Unsplash) Militant party-list solons Rep. Arlene Brosas of Gabriela, Rep. France Castro of ACT Teachers, and Rep. Raoul...
A group once again called on the government to increase the salary of teachers as they continue to lose a significant portion of their monthly pay to inflation. (NOEL PABALATE / MANILA BULLETIN) “With the country’s inflation rate hitting a 14-year high of 7.7 percent in October 2022, the...
The Marcos administration’s planned expansion of "ayuda" or subsidy programs is one way of furthering the country’s economic turnaround, Marikina City 2nd district Rep. Stella Quimbo said Sunday, Nov. 13. Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) "We...
There will be an extended heavier financial burden on motorists filling up their vehicles with gasoline products next week, as the price of this commodity will rise again by P0.55 to P0.85 per liter, based on the calculation of the oil companies. For diesel products, there could be a marginal...
The world’s farming population is growing older. In the Philippines, the average age of a farmer is already 57, according to the Department of Agriculture - Agricultural Training Institute (DA-ATI) in 2013. Workers at a rice paddy. (Photo from: Tim Shepherd/Unsplash) Agriculture boomed after the...
In order to help Filipinos cope with “runaway” inflation, Senator Risa Hontiveros said Malacañang should work more closely with lawmakers for new laws and policies aimed at increasing workers’ earnings and accelerating job creation across the country. Hontiveros said that while she welcomes...
TACLOBAN CITY – The inflation rate in Eastern Visayas went up to 7.4 percent in October after two consecutive months of deceleration, the Philippines Statistics Authority said. It registered double-digit inflation of 11.1 percent from 8.6 percent in September. The PSA attributed the uptrend...
