Marcos to meet with onion importers, traders, farmers over ‘overpricing’
President Ferdinand “Bongbong” Marcos Jr. has ordered a stakeholders’ meeting for next week to discuss onions being sold at high prices, Malacañang said on Thursday.
Marcos Jr. wants explanation as eggs reach ‘unreasonable’ prices
President Ferdinand “Bongbong” Marcos Jr. on Tuesday said he wanted an explanation as to why egg prices have reached “unreasonable” prices despite sufficient supply.
PH agri sector needs better cold chain system—Marcos Jr.
President Ferdinand “Bongbong” Marcos Jr. on Tuesday raised the need for a better cold chain system in the country to bring down the prices of agricultural products.
SSS benefit disbursements up 13.2% to P236.3B in Jan-Nov 2022
The Social Security System (SSS) disbursed a total of P236.3 billion in benefits from January to November 2022, a growth of 13.2% from last year.
PDIC to bid out Luzon, Visayas residential and commercial lots on Jan. 19-20
The Philippine Deposit Insurance Corp. (PDIC) will accept bids for 45 residential and commercial lots located in various provinces of Luzon and Visayas on its e-bidding portal at https://assetsforsale.pdic.gov.ph starting at 9:00 am on Jan. 19, 2023 until 1:00 p.m. on Jan. 20, 2023, and shall be opened at 2:00 pm on Jan. 20, 2023.
PH’s Oct. 2022 unemployment rate drops to 4.5%
The country’s unemployment rate in October 2022 fell to pre-pandemic levels at 4.5 percent, the Philippine Statistics Authority said on Wednesday.
Marcos urges businessmen to invest in education, skills development
President Ferdinand “Bongbong” Marcos Jr. on Tuesday called on businessmen to invest in education and skills training to strengthen the country’s domestic industries.
PH’s November inflation fastest since 2008—PSA
The Philippine Statistics Authority (PSA) reported an 8 percent inflation for November 2022, the fastest in 14 years, as food prices in the country continued to increase.
NEDA chief says PH ‘concerned’ over inflation
By National Economic and Development Authority Secretary Arsenio Balisacan (OPS photo) The Philippines cannot escape the effects of recent developments in the global economy even as its government attempts to address inflation, Socioeconomic Planning Secretary and...
PH’s September inflation hits 4-year high—PSA
By The Philippine Statistics Authority (PSA) on Wednesday reported inflation of 6.9 percent for September 2022, a four-year high.According to the PSA, the September inflation was the highest recorded since October 2018.The September inflation was higher than the 6.3...
Palace says gov’t ‘closely monitoring’ skidding peso
By Malacañang on Tuesday said President Ferdinand "Bongbong" Marcos Jr. and his economic team were "closely monitoring" the situation of the peso as it continues to hit new lows.In a virtual presser, Press Secretary Trixie Cruz-Angeles said the peso inflation was not...
PSA says inflation in July highest since Oct. 2018
By The Philippine Statistics Authority (PSA) on Friday reported an inflation rate of 6.4 percent for July 2022, the highest since October 2018.According to the PSA, the increase in the country’s inflation was mainly brought about by the higher annual increase in the...
Renewable energy ‘at top’ of Marcos Jr. admin’s climate agenda
By President Ferdinand "Bongbong" Marcos Jr. on Monday said developing renewable energy sources was at the top of his administration's climate agenda.In his first State of the Nation Address, Marcos Jr. said the country would rely more on renewable energy."The...
BSP closes Rural Bank of Polomolok
Rural Bank of Polomolok (South Cotabato), Inc. is the eight rural bank to be closed by the Monetary Board of the Bangko Sentral ng Pilipinas this year.
Marcos Jr. considering G2G deals for fertilizers
By President Ferdinand "Bongbong" Marcos Jr. on Monday said he was open to government-to-government (G2G) deals for fertilizers as their prices continue to increase due to high energy costs.Marcos Jr., who also heads the Department of Agriculture (DA), said the...
Controlling inflation is Filipinos’ top concern—Pulse Asia survey
By Inflation is the No. 1 concern that Filipinos want President Ferdinand "Bongbong" Marcos Jr.'s government to address, results of a Pulse Asia survey showed.Pulse Asia's "Ulat ng Bayan" survey conducted from June 24 to 27 with 1,200 respondents found that the most...