The Covid-19 testing positivity rates fell in 16 provinces in Luzon over the previous week, OCTA Research Fellow Dr. Guido David said on Monday, June 19. Lower positivity rates were observed in Bataan (24.2 percent on June 17 from 32.2 percent on June 10), Batangas (10.8 percent from 16.2 percent),...
Senator Sherwin Gatchalian on Wednesday, June 14 said only a temporary restraining order (TRO) can stop the toll rate increase on the North Luzon Expressway (NLEX). But it is also possible for the Toll Regulatory Board (TRB) to be morally persuaded to defer the plan. “For now the only way to stop...
The drastic hike in toll rates beginning June 15 must be explained in detail to the motoring public, Senator Grace Poe on Tuesday, June 13, said. Sen. Grace Poe (Senate PRIB Photo) “If these were periodic adjustments from more than a decade ago, the...
The Philippine Statistics Authority (PSA) recently announced the continuing decline of our country’s inflation rate. This piece of good news could be the giant pendulum that would swing our economy in the right direction. According to the PSA, the “headline inflation rate decreased from 6.6...
Senate Majority Leader Joel Villanueva on Friday, June 9, welcomed the further easing of the unemployment rate at 4.5 percent, or 2.26 million Filipinos in April 2023, compared to March’s 4.7 precent or 2.42 million unemployed Filipinos. ...
Although still at single-digit growth, local retailers expect full recovery this year as cooling inflation is driving consumption. Rosemarie B. Ong, president of the Philippine Retailers Association (PRA), told reporters at the Outstanding Filipino Retailers (OFR) Awards 2023 “Tibay Gabi ng...
President Ferdinand "Bongbong" Marcos Jr. said the decreasing inflation rate in the country was "encouraging" and was a sign of continued progress towards affordable prices of goods. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of KJ Rosales/PPA Pool) “Today we received encouraging...
The seven-day positivity rate of Covid-19 in Metro Manila fell to 16.8 percent on June 3, from 21.7 percent on May 27, the OCTA Research said on Monday, June 5. In an update posted on social media, OCTA Research Fellow Dr. Guido David said the current positivity rate in Metro Manila is categorized...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan believes that the Philippines is “on track” to reach its target of slower inflation rate this year owing to the downward trend observed recently. (From left) NEDA Secretary Arsenio Balisacan talks to Chief...
The lower positivity rate over the past week suggests that Covid-19 cases in Metro Manila may have already peaked, according to the latest monitoring of the OCTA Research. OCTA fellow Dr. Guido David said the Covid-19 positivity rate in Metro Manila has dropped from 26.1 percent on May 14 to 25.2...
The Covid-19 positivity rate in Metro Manila was “almost flat” in the past seven days, an indication that the rate may begin to decline this week, an OCTA Research fellow said on Monday, May 22. Positivity rate refers to the number of individuals who yielded positive results from among those...
On top of the double whammy of rotational brownouts and scorching heat, consumers of Manila Electric Company (Meralco) will be distressed with additional financial burden as its rates will go up by P0.1761 per kilowatt hour (kWh) in this May billing. For roughly 70-percent of the utility firm’s...