The chain of financial distress at the oil pumps will continue for Filipino consumers, as petroleum product prices are anticipated to rise again at the pumps by Tuesday (September 5), according to the oil companies. Based on the calculation of the industry players, diesel products will increase by...
The purchasing power of Filipino motorists will be on another round of assault, as pump prices are expected to rise again at the gasoline stations next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline will rise by P0.10 to P0.50 per...
(MANILA BULLETIN) A neophyte congressman is calling on the government to do everything it can to address food inflation amid rising hunger in the Philippines. "Hindi po nakapagtataka na mas maraming mga kababayan natin ang nagugutom dahil patuloy pa rin ang pagtaas...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fifth consecutive month. A report released by the Philippine Statistics Authority (PSA-6) said the inflation rate went down by one percent to 5.8 percent in July from 6.8 percent in June. A WOMAN passes by stalls selling...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) President Ferdinand "Bongbong" Marcos Jr. indeed has basis to say that prices of goods are "stabilizing", but this benefit may not be felt by common Filipinos. Thus, said AGRI Party-list Rep. Wilbert T. Lee, who prodded the...
Senator Christopher “Bong” Go on Thursday, July 27 vowed to help the Marcos administration bring down inflation. In an interview in Parañaque City, Go echoed President Ferdinand Marcos, Jr.'s sentiments on how the nation has been grappling with inflationary pressures, largely due to global...
President Ferdinand “Bongbong” Marcos Jr. seemed to have pleased the audience of his second State of the Nation Address (SONA), with almost 70 applause on Monday, July 24. President Ferdinand Marcos Jr. (center) delivers his second State of the Nation Address (SONA) as (from left) Senate...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fourth consecutive month. A VEGETABLE stall at the La Paz Public Market in Iloilo City. Inflation or the rate of increase in prices over a given period of time in Western Visayas has dropped for the fourth straight month....
The majority of Filipinos continue to view controlling inflation as the country’s most urgent concern that the national administration must address immediately, based on the findings of a Pulse Asia survey released on Tuesday, July 11. According to the results of the June 19-23 survey, the only...
Twin good news about the economy were released by the Philippine Statistics Authority (PSA) last week. First, inflation declined for the fifth consecutive month in June, reaching 5.4 percent compared to 6.1 percent in May. Second, the country’s unemployment rate in May this year stood at 4.3...
An official from the National Economic and Development Authority (NEDA) assured the public that the Marcos administration is already taking measures to cushion the possible adverse effects of the El Nino phenomenon in the country, the Presidential Communications Office (PCO) said. *File photo* In an...
Albay 2nd district Rep. Joey Salceda (Facebook) Economist-congressman Joey Salceda has boldy predicted that the country’s inflation rate slowdown would continue up to December, pegging it a below 3.0 percent before year's end. “The June inflation rate of 5.4 percent is the fifth consecutive...
