BAGUIO CITY – Police reported an 11.46 percent drop in the crime rate in this city last year. The Baguio City Police Office said 1,706 cases were recorded last year compared to the 1,927 the year before. Theft, physical harm, and rape were among the top three crimes of concern here. The BCPO...
Amid accelerating inflation and subdued global markets, National Economic and Development Authority Secretary Arsenio M. Balisacan expressed openness to revising this year's economic growth target downward. Balisacan said that the Development Budget Coordination Committee (DBCC), an inter-agency...
The National Economic and Development Authority (NEDA) led the signing of the implementing rules and regulations (IRR) for the Republic Act 11962 or the Trabaho Para sa Bayan (TBP) Act. NEDA Secretary Arsenio M. Balisacan said on Tuesday, March 12, that before the signing, they first consulted with...
ILOILO CITY – Western Visayas, just a month after registering the lowest inflation rate in five years, recorded a 2.7 percent inflation rate, up 0.7 percent from two percent in January. FRESH fish are sold in a stall at Iloilo Fish Port in Iloilo City. (Tara Yap) Nelida Amolar, Philippine...
Despite the rise in the unemployment rate, the Department of Finance (DOF) noted that the quality of employment in the country is improving, with an increasing number of Filipinos securing formal and stable jobs. Finance Secretary Ralph G. Recto said that the Philippines had a total of 45.9 million...
The number of jobless individuals was estimated at 2.15 million in January as many Filipinos, particularly women, opted to do household duties, the Philippine Statistics Authority (PSA) reported on Friday, March 8. Based on the latest labor force survey, the PSA reported that the unemployment rate...
From left to right: Quezon City 4th district Rep. Marvin Rillo, Iloilo 1st district Rep. Janette Garin, Lanao del Sur 1st district Rep. Zia Alonto Adiong (Ellson Quismorio/ MANILA BULLETIN) The claim of the Makabayan bloc that economic...
(MANILA BULLETIN) Speaker Martin Romualdez says the House of Representatives "fully acknowledges and empathizes" with Filipinos amid the significant rise in inflation rate from January to February 2024. "We fully acknowledge and empathize...
Albay 2nd district Rep. Joey Salceda (PPAB) Albay 2nd district Rep. Joey Salceda says the government must put all the stops with the commodity of rice after the Philippines’ inflation rate jumped to 3.4 percent. “If the government were to be obsessed with one...
The inflation rate for the first quarter this year is expected to fall within the central bank’s target band due to base effects, analysts from Manulife Investment Management and Trust Corporation (MIM PH) said. This as the Philippine Statistics Authority (PSA) reported the headline inflation in...
Despite the uptick in February, the Department of Finance (DOF) said that the rise in consumer prices remained well within the government's target range. Finance Secretary Ralph G. Recto said the 3.4 percent inflation rate last month fell within the government's desired range of 2.0 percent to 4.0...
The Philippine Statistics Authority (PSA) reported that the country's four-month streak of slowing consumer prices was disrupted by a sharp increase in rice and pork prices, causing the inflation rate to spike to 3.4 percent in February. Last month's headline inflation rate was higher than the 2.8...
