Economist-congressman Joey Salceda gave a rather bleak outlook for food inflation in the country for the rest of the year, but cited a potential silver lining when it comes to fuel prices. Albay 2nd district Rep. Joey Salceda "Food inflation continues to be on a rapid momentum, from 4.9 percent in...
Growth in consumer prices soared further in July to 6.4 percent from 6.1 percent in June, bringing year to date inflation to 4.7 percent, as supply limitations in the domestic market squeezed food costs, the Philippine Statistics Authority (PSA) reported Friday, Aug. 5. Headline inflation, which...
The National Economic and Development Authority (NEDA) said the release of targeted subsidies to the most vulnerable Filipino families will cushion the impact of elevated prices of oil and other commodities. Socioeconomic Planning Secretary Arsenio M. Balisacan said on Wednesday, Aug. 3, that it is...
As he recognized the need to address the setback caused by the Covid-19 pandemic and other forces and to prepare for future shocks, President Ferdinand "Bongbong" Marcos Jr. has bared his administration's plans to promote the country's economy. President Ferdinand 'Bongbong' Marcos Jr. delivers his...
Incoming Senate President Juan Miguel “Migz” Zubiri wants to hear about a legislative roadmap of the priority measures of the new administration, and government solutions to the rising inflation rate, cost of goods, Covid-19 cases, and ways to strengthen the economy in President Ferdinand...
A zero interest rate on salary loans for government employees makes sense for Misamis Occidental 2nd district Rep. Ando Oaminal. (Mari Gimenez/ Unsplash) For this purpose, the Mindanao lawmaker filed House Bill (HB) 2199, which, if enacted, would institutionalize such provision for workers of the...
Economist-congressman Joey Salceda of Albay’s 2nd district said on Wednesday, July 20, that President Ferdinand "Bongbong" Marcos Jr. must reveal the “grand national ambitions that are as large and as historic as his mandate from the people” in his first State of the Nation Address (SONA)...
Written by ISABEL YUSECO-SAN PABLO Inflation is one of the major concerns that our economy is now facing. This is a consequence of global factors like the pandemic, the Russia-Ukraine crisis, and the depreciation of the peso. As a result, prices of food, energy, commodities, and other goods and...
Rising food prices due to the rapid inflation may cause more families to experience hunger, an official of the National Nutrition Council (NNC) said. “Talagang problema iyan ng mga pamilya ngayon…Kung patuloy na nagiging mahal ang mga pagkain, ang bilihin–patuloy na dadami ang mga pamilyang...
President Ferdinand "Bongbong" Marcos Jr. recognizes Filipinos' top urgent concerns on inflation, wages, and poverty, saying he has "anticipated (these) as potential problem(s)." President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Press Secretary Trixie Cruz-Angeles said on...
(PULSE ASIA) A Pulse Asia survey has found that Filipinos are most concerned about controlling the inflation, followed by other economic-related concerns, such as increasing wages and reducing poverty. In the Ulat ng Bayan survey conducted from June 24 to 27 with 1,200 respondents, 57 percent of...
FINDING ANSWERS Former Senator Atty. Joey Lina Controlling the soaring prices of food and transport fuel costs is indisputably a gut issue that worries most Filipinos especially the poor. The country’s headline inflation rate of 6.1 percent for June 2022 reported recently by the Philippine...
