The chain of financial distress at the oil pumps will continue for Filipino consumers, as petroleum product prices are anticipated to rise again at the pumps by Tuesday (September 5), according to the oil companies. Based on the calculation of the industry players, diesel products will increase by...
The purchasing power of Filipino motorists will be on another round of assault, as pump prices are expected to rise again at the gasoline stations next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline will rise by P0.10 to P0.50 per...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fifth consecutive month. A report released by the Philippine Statistics Authority (PSA-6) said the inflation rate went down by one percent to 5.8 percent in July from 6.8 percent in June. A WOMAN passes by stalls selling...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) President Ferdinand "Bongbong" Marcos Jr. indeed has basis to say that prices of goods are "stabilizing", but this benefit may not be felt by common Filipinos. Thus, said AGRI Party-list Rep. Wilbert T. Lee, who prodded the...
President Ferdinand “Bongbong” Marcos Jr. seemed to have pleased the audience of his second State of the Nation Address (SONA), with almost 70 applause on Monday, July 24. President Ferdinand Marcos Jr. (center) delivers his second State of the Nation Address (SONA) as (from left) Senate...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fourth consecutive month. A VEGETABLE stall at the La Paz Public Market in Iloilo City. Inflation or the rate of increase in prices over a given period of time in Western Visayas has dropped for the fourth straight month....
Albay 2nd district Rep. Joey Salceda (Facebook) Economist-congressman Joey Salceda has boldy predicted that the country’s inflation rate slowdown would continue up to December, pegging it a below 3.0 percent before year's end. “The June inflation rate of 5.4 percent is the fifth consecutive...
President Ferdinand "Bongbong" Marcos Jr. has attributed the decreasing inflation rate to the improved production of agricultural products in the country. He stressed the need to keep this going to further lower prices. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos underscored...
(MANILA BULLETIN) House Speaker Martin Romualdez has credited the country's continuing inflation rate slowdown to the "strong political will" and "sound economic policies" of the Marcos administration. “This continued drop in inflation can be attributed to President Ferdinand 'Bongbong' R. Marcos...
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...
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...
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...