At least 2.6 million customers of Manila Electric Company (Meralco) will continue to receive discounts in their electric bills as mandated under Republic Act 11552 or the Extended Lifeline Rate Act. According to Meralco Vice President Lawrence S. Fernandez, the total amount of rate discounts to...
To everyone’s dismay, history repeated itself. Before we had Madoff, the subprime credit crisis, and other bank and investment officers stealing as well as losing millions of investors’ money in unauthorized trades including large, undisclosed fees. Obviously, Enron’s illegal history lingers...
Families spend Easter Sunday in Dolomite Beach, Manila Bay on April 9, 2023. (Juan Carlo de Vela / MANILA BULLETIN) OCTA Research on Monday, April 10, has noted the increase in the Covid-19 positivity rate in Metro Manila and 11 other areas. Dr. Guido David of OCTA Research, in a Twitter post,...
President Ferdinand “Bongbong” Marcos Jr. vowed to continue his administration’s drive to sustain the improvements reflected in the recent inflation rate data. President Ferdinand Marcos Jr. presides over a Cabinet meeting in Malacañang. (Photo from Presidential Communications Office) In a...
Independent OCTA Research group on Tuesday, April 4, reported that the country’s nationwide Covid-19 positivity rate has once again breached the five percent benchmark set by the World Health Organization (WHO). Photo courtesy of Unsplash OCTA Research fellow Dr. Guido David said the country’s...
A measure that seeks to improve the literacy rate of Filipinos was approved on third and final reading by the House of Representatives on Tuesday, March 21. Passed in plenary after the conduct of nominal voting was House Bill (HB) No. 7414, which renames the Literacy Coordinating Council, created...
ILOILO CITY – Western Visayas registered an inflation rate of 10.8 percent in February, the highest in more than 14 years, the Philippine Statistics Authority said. A FRUIT and vegetable stall in an outdoor market in Iloilo City. The inflation rate in Western Visayas climbed to 10.8 percent in...
Covid-19 Positivity Rates in Metro Manila and Major Provinces as of Feb. 18, 2023 (OCTA RESEARCH FELLOW DR. GUIDO DAVID / TWITTER) The OCTA Research Group on Monday, Feb. 20 said the seven-day positivity rate for Covid-19 in Metro Manila has slightly increased. In an update posted on social media,...
CALAPAN CITY, Oriental Mindoro – Region 4-B or the Mimaropa (Oriental Mindoro, Occidental Mindoro, Marinduque, Romblon, and Palawan area) recorded an 8.9 percent inflation rate in January which was higher than the nation’s 8.7 percent. Leni R. Rioflorido, Philippine Statistics Authority...
The Department of Finance (DOF) said the significant improvement in the country’s labor market would help soften the impacts of high inflation on the domestic economy. In a statement, Finance Secretary Benjamin E. Diokno said the steady unemployment rate and lower underemployment rate will help...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Senate Minority Leader Aquilino “Koko” Pimentel III on Wednesday, February 8, called on the country’s economic managers to tame the rising inflation in the country which peaked at 8.7 percent in January 2023, an all-time high since November 2008. Pimentel expressed dismay at the economic...
