An expansive range of stakeholders from the Central Visayas business community expressed “strong opposition” on the proposed P150 daily minimum wage hike, warning of an “inflationary effect” once such measure by the legislative branch is passed into law. A joint statement from Central...
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...
President Ferdinand "Bongbong" Marcos Jr. has issued an executive order (EO) to directly address inflation and enhance initiatives to improve the economy and the quality of life of Filipinos....
ILOILO CITY – The inflation rate in Western Visayas has eased for the second straight month. RESIDENTS check fresh fish for sale at Central Market in Iloilo City. (Tara Yap) The Philippine Statistics Authority (PSA)-6 reported that the inflation rate in Region 6 dropped to 8.2 percent in April,...
Kadiwa stores in the country play an important role in the lives of Filipinos in need amid inflation, a central bank official said. Through a statement issued by the Presidential Communications Office (PCO), Bangko Sentral ng Pilipinas (BSP) monetary board member Bruce Tolentino stressed the...
President Ferdinand “Bongbong” Marcos Jr. said on Monday, April 24, s it would take a “little time” for it to stabilize the country's economy as his administration begins institutionalizing changes. President Ferdinand Marcos Jr. (Photo from Presidential Communications Office) During an...
Rowena Guanzon (Twitter) P3PWD Party-list nominee Rowena Guanzon has a question for senators: Why is there no hearing on inflation? The outspoken Guanzon has apparently been observing the marathon hearings in the upper chamber the past few days and this has caused her to wonder if inflation would...
ILOILO CITY – After recording its highest inflation rate in 14 years at 10.8 percent in February, inflation or the rate of increase in prices over a given period of time decelerated by 1.7 percent in Western Visayas to 9.1 percent in March, the Philippine Statistics Authority said. A MAN looks at...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) High inflation is more likely making it difficult for Filipinos to land jobs, and not so much as the reported lack of "soft skills" among graduates in the ongoing Covid-19 pandemic. This can be gleaned from Albay 2nd district Rep. Joey...
WASHINGTON, United States (AFP) – The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund's chief economist told AFP on Tuesday. Prices around the world have surged since the rapid reopening of the global economy after the...
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...
