Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) A ranking congressman is prodding local government unit (LGU) heads to help beef up participation in the Lifeline Rate program for the benefit of low-income consumers who find it a struggle...
Senators on Wednesday, January 17 expressed their support to Department of Health (DOH) Secretary Ted Herbosa’s appeal to defer the implementation of the Philippine Health Insurance Corp.’s (PhilHealth) premium rate increase for this year. Senator Joseph Victory “JV” Ejercito,...
The Philippines’ economic growth will maintain its progress this year only if effective policy responses are being implemented, researchers from the Philippine Institute for Development Studies (PIDS) said. In a study titled “Macroeconomic Outlook of the Philippines in 2023–2024: Prospects...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) An injustice to Filipinos. This was how AGRI Party-list Rep. Wilbert T. Lee described the Philippine Health Insurance Corporation’s (PhilHealth) impending five percent increase in premium rates this year....
ILOILO CITY – The Western Visayas region recorded its lowest inflation rate since 2021 last December, the Philippine Statistics Authority (PSA)-6 said. PEOPLE purchase fish in a stall in Iloilo City. Inflation in Western Visayas decreased to a two-year low last month. (Tara Yap) PSA-6 said the...
The Philippines is more likely to have a lower inflation rate this year driven by a possible decline in crude oil prices despite an increase in rice prices, an economist said. Victor A. Abola, an economist from the University of the Asia and the Pacific, said in a briefing that inflation in 2024...
The country’s economy is expected to reach six percent this year with the help of robust private consumption and government infrastructure spending, the Metrobank Group’s investment arm First Metro Investment Corp. said. In a breifing, First Metro President Jose Patricio Dumlao said that the...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
The Department of Finance (DOF) is bullish on the country's improving unemployment numbers due to the government's robust strategy for creating jobs and driving investments. In a statement, Finance Secretary Benjamin E. Diokno expressed confidence that achieving an unemployment rate of four percent...
Surigao del Norte 2nd district Rep. Robert Ace Barbers The continued drop in unemployment rate under the Marcos administration should serve as an "impetus" to relax the “restrictive” economic provisions of the 1987 Constitution. Thus, said Surigao...
Albay 2nd district Rep. Joey Salceda (Facebook) Pointing to the skidding unemployment rate, Albay 2nd district Rep. Joey Salceda says that President Marcos has successfully shown his administration’s commitment to providing jobs to Filipinos. ...
The peso slipped back to the P56 level versus the US dollar. It closed at P56.01 on Tuesday, Jan. 9, 2024, from P55.69 on Monday, Jan. 8. The last time the peso breached P56 was Dec 13, 2023 when it closed at P56.055. It appreciated below P56 the next day and has stayed at the mid-P55 level for the...
