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.
Diokno says Marcos Jr.’s inflation-rate disbelief ‘misunderstood’
By Finance Secretary Benjamin Diokno on Wednesday said President Ferdinand "Bongbong" Jr.'s statement regarding the country's June 2022 inflation rate was misunderstood.The Philippine Statistics Authority (PSA) has reported an inflation rate of 6.1 percent for June...
PSA says inflation in June highest since 2018; Marcos Jr. disagrees
By The Philippine Statistics Authority (PSA) reported an inflation rate of 6.1 percent for June 2022, the highest since October 2018, as the country continued to see numerous spikes in food and energy prices amid the Russia-Ukraine war.According to the PSA, the...
Marcos Jr. says no to suspension of excise tax on fuel
By Photo from Wiki President-elect Ferdinand "Bongbong" Marcos Jr. on Monday claimed reducing the excise taxes on fuel would not solve the country's skyrocketing oil prices. In a media briefing, Marcos Jr. said he preferred providing assistance to people whose...
April 2022 unemployment rate is lowest since Covid-19 pandemic
By The jobless rate in the Philippines in April 2022 fell to 5.7 percent, the lowest since the Covid-19 pandemic broke out, according to the Philippine Statistics Authority (PSA).The PSA said 2.76 million Filipinos aged 15 and above were unemployed, which was lower by...
BSP chief Diokno is Marcos Jr. admin’s finance chief
By Benjamin Diokno, governor of the Bangko Sentral ng Pilipinas (BSP), will head the Department of Finance under the administration of president-elect Ferdinand "Bongbong" Marcos Jr.“It is an honor to serve the Filipino people in my current and any future capacity. I...
Inflation accelerates to 3-year-high in April at 4.9%
By The Philippine Statistics Authority (PSA) reported an inflation rate of 4.9 percent for April 2022, a three-year high, as the country saw numerous spikes in food and energy prices amid the Russia-Ukraine war.The PSA said the April inflation rate was the highest...
Unemployment in PH slightly dips in Q4 of 2021—SWS
By Eleven million Filipinos were jobless in the last quarter of 2021, results of a Social Weather Stations (SWS) poll released on Thursday showed.The survey, conducted from Dec. 12-16, 2021, found adult joblessness at 24.7 percent of the adult labor force.The number...
Inflation accelerates to 4% in March amid oil price hikes
By The Philippine Statistics Authority (PSA) reported a higher inflation rate of 4 percent for March 2022, from February 2022's 3 percent, as the country saw oil prices skyrocket due the Russian invasion of Ukraine.The latest reading brought year-to-date (January to...
Former BSP exec warns of possible PH bankruptcy
A former high ranking executive of the Bangko Sentral ng Pilipinas (BSP) warns that whoever wins the presidency this coming election will inherit a debt of P12 trillion.
PDIC files estafa case vs former chair, officers of Philippine Farmers Bank
State deposit insurer Philippine Deposit Insurance Corporation (PDIC) said it filed an estafa case against high ranking officers of the closed Philippine Farmers Bank, Inc. (PFBI) of Cagayan de Oro City.
PSA: PH’s January 2022 unemployment rate slightly drops
By FILE PHOTO The Philippine Statistics Authority (PSA) on Friday reported that 2.93 million or 6.4 percent of Filipinos were unemployed as of January 2022.The December 2021 jobless rate was 6.6 percent. The decrease was equivalent to about 340,000 Filipinos.The...
Duterte’s decision on proposed 4-day workweek out Monday—Palace
By Malacañang on Thursday said President Rodrigo Duterte would decide on the proposed implementation of a four-day workweek on Monday.The National Economic and Development Authority (NEDA) recommended reducing the workweek to just four days amid rising fuel...