President Ferdinand "Bongbong" Marcos Jr. has signed an executive order (EO) adjusting the percentage of net earnings to be declared by the Development Bank of the Philippines (DBP). President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) Under the EO signed by the President on Dec. 9, the...
EDITORIAL As Christmas Day nears, here’s a bit of good news from the Philippine Statistics Authority (PSA). The country’s employment rate in October 2022 stood at 95.5 percent, “the highest rate recorded since January 2020, and registered to have bounced back from pre-pandemic levels.” This...
Covid-19 Positivity Rates in Metro Manila and Luzon Provinces as of Dec. 10, 2022 (OCTA RESEARCH FELLOW DR. GUIDO DAVID / TWITTER) The positivity rate of Covid-19 in Kalinga province rose to 57.9 percent—way beyond the 5 percent threshold set by the World Health Organization (WHO), based on the...
Senator Christopher “Bong” Go said that while the unemployment rate in the Philippines is now decreasing, the government should still pursue its COVID-19 vaccination program in order to hasten the country’s economic recovery. Go, chairman of the Senate Committee on Health and Demography said...
The country’s crime rate dramatically decreased by 72.33 percent from July to Sept. this year, Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. disclosed on Thursday, Dec. 8. In a statement read by DILG Director Marlo Guanzon during a press...
President Ferdinand "Bongbong" Marcos Jr. is confident that the Philippines will not fall into an economic recession amid the soaring inflation. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) "Malakas ang loob natin hindi tayo magkakaroon ng recession dito sa Pilipinas dahil...
The country's unemployment rate fell back to pre-pandemic levels in October this year on increased economic activities ahead of the holiday season, the Philippine Statistics Authority (PSA) said. Based on the results of the October 2022 Labor Force Survey released by the PSA on Wednesday, Dec. 7,...
Police in Central Luzon reported a decrease in crime incidents in the region in October and November this year. Regional police chief Brig. Gen. Cesar Pasiwen said they recorded only 136 cases in eight focus crimes – murder, homicide, robbery, theft, physical injury, motorcycle carnapping,...
The Metropolitan Waterworks and Sewerage System (MWSS) ought to provide consumers a detailed computation on how it came up with the amounts of water rate increases for its two private concessionaires. (Noah/ Unsplash) Thus, said House Deputy Minority Leader ang Bagong Henerasyon Party-List Rep....
Income inequality in the Philippines remained one of the highest rates in East Asia despite important gains in poverty reduction following recent strong economic performance and improving access to employment, the World Bank reported. In a World Bank report titled “Overcoming Poverty and...
ILOILO CITY – MORE Electric and Power Corp. (MORE Power), this city’s sole electricity distributor, has implemented another power rate increase, the second in three months. A MORE Electric and Power Corp. (MORE Power) line man at work in Iloilo City. (MORE Power) MORE Power announced on Friday,...
President Ferdinand "Bongbong" Marcos Jr. is confident that his administration will be able to bring down the country's poverty rate to nine percent by 2028. President Ferdinand 'Bongbong' Marcos Jr. presides over a meeting with the National Economic and Development Authority on Nov. 15, 2022 in...
