More than seven million customers of power utility giant Manila Electric Company (Meralco) will feel relief in their pockets this month, as the tariffs pass-on of the company is highly anticipated to go down in the July billing cycle. According to Meralco Vice President and Head of Corporate...
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...
ILOILO CITY – The unemployment rate in Western Visayas last January went up even after economic activities have returned to normal as the pandemic waned.  GROCERY store workers rest in Iloilo City.  (Tara Yap) Data released by the Philippine Statistics Authority (PSA) said the...
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...
Metro Manila is now under low-risk classification for Covid-19 as testing positivity rate steadily decreased over the past few weeks, an OCTA Research fellow said on Sunday, July 2. OCTA Research fellow Dr. Guido David said Metro Manila’s seven-day positivity rate dropped from 5.9 percent on June...
The Cavite Provincial Police Office (PPO) recorded a 12.14 percent decrease in eight focus crimes over the past two months. In a press statement released on Wednesday, June 28, Cavite PPO Director Col. Christopher F. Olazo said they documented 724 cases from April 23 to June 20, a smaller figure...
The Covid-19 testing positivity rates fell in 16 provinces in Luzon over the previous week, OCTA Research Fellow Dr. Guido David said on Monday, June 19. Lower positivity rates were observed in Bataan (24.2 percent on June 17 from 32.2 percent on June 10), Batangas (10.8 percent from 16.2 percent),...
Senator Sherwin Gatchalian on Wednesday, June 14 said only a temporary restraining order (TRO) can stop the toll rate increase on the North Luzon Expressway (NLEX). But it is also possible for the Toll Regulatory Board (TRB) to be morally persuaded to defer the plan. “For now the only way to stop...
The drastic hike in toll rates beginning June 15 must be explained in detail to the motoring public, Senator Grace Poe on Tuesday, June 13, said. Sen. Grace Poe (Senate PRIB Photo) “If these were periodic adjustments from more than a decade ago, the...
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...
Senate Majority Leader Joel Villanueva on Friday, June 9, welcomed the further easing of the unemployment rate at 4.5 percent, or 2.26 million Filipinos in April 2023, compared to March’s 4.7 precent or 2.42 million unemployed Filipinos. ...
