House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Ahead of the resumption of plenary sessions, House quinta-committee overall chairman, Albay 2nd district Rep. Joey Salceda has vowed to step up the joint panel’s efforts to lower the...
Albay 2nd district Rep. Joey Salceda (PPAB) Albay 2nd district Rep. Joey Salceda credited the progress of the House quinta-committee (quinta-comm), particularly the initiatives led by Speaker Martin Romualdez, for the steady decrease in rice prices. In a...
Consumer prices in December accelerated for the third consecutive month, but a sharp decline in rice prices helped ease the impact, particularly on poor households, with rice inflation slowing to its lowest level in three years. Data from the Philippine Statistics Authority (PSA) revealed that the...
With inflation within the target range for 2024 and projected to remain so in 2025, economists polled by the Manila Bulletin expect the Bangko Sentral ng Pilipinas (BSP) to continue reducing key borrowing costs this year. Despite headline inflation rates increasing incrementally month-on-month,...
Despite potential price increases in some sectors, the Bangko Sentral ng Pilipinas (BSP) anticipates that the rate of increase in consumer prices will remain controlled and within the desired range this month. In a statement on Friday, Dec. 27, the central bank projected that December 2024...
(Ali Vicoy/ MANILA BULLETIN) Bayan Muna is pushing for the immediate implementation of oil price unbundling to assert transparency as oil prices are expected to face another round of increases during the Christmas season. "The price of fuel in gas...
Albay 2nd district Rep. Joey Salceda (Facebook) Local supermarkets and big retailers have been given fair warning by the House quinta-committee (quinta-comm) in its investigation on the prevailing high prices of rice--the country's staple...
House Speaker Martin Romualdez (PPAB) Alarmed by the prevailing high price of rice, Speaker Martin Romualdez has told profiteers and price manipulators to clean up their act, or else face the wrath of the House of Representatives. “Sa...
Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) Marikina City 2nd district Rep. Stella Luz Quimbo has debunked the Department of Agriculture's (DA) claim that the agency is powerless to stop the soaring prices of...
Rice prices from earlier this year (MANILA BULLETIN) The quinta-committee (quinta-comm) of the House of Representatives has ordered the National Bureau of Investigation (NBI) to investigate the role of middlemen in the alleged manipulation...
The Asian Development Bank (ADB) has lowered its inflation forecast for the Philippines due to moderating price pressures, particularly in food and core inflation. In its latest Asian Development Outlook (ADO) report, the Manila-based multilateral institution revised its inflation forecast for the...
Quezon 2nd district Rep. David "Jay-jay" Suarez (Ellson Quismorio/ MANILA BULLETIN) A serious omission by the Department of Agriculture's (DA) Bureau of Plant Industry (BPI) caused House Deputy Speaker Quezon 2nd district Rep. David...
