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MANILA, Philippines — President Ferdinand “Bongbong” R. Marcos Jr. revealed an alternative plan on Thursday to lower rice prices amid calls to amend the Rice Tariffication Law. (RTL). “Well, I don’t want to preempt the bicameral committee but…
CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) reported a consistent inflation rate in the region for the month of April 2024. During the inflation report on Wednesday, May 15, PSA-7 Director Ariel…
MANILA, Philippines — A farmers’ group wants to get rid of the rice tariffication law or Republic Act No. 11203. They don’t think the changes proposed by the House of Representatives will fix the problem of expensive rice.…
CEBU CITY, Philippines — As the inflation rate in Cebu continues to soar, Cebuanos also continue to struggle with the increasing prices of goods and commodities. During the data dissemination for inflation on Wednesday, April 17, a…
CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday,…
MANILA, Philippines — March inflation picked up to 3.7 percent year-on-year in March, from 3.4 percent in February, due to higher prices of key food items like vegetables, meat and rice, the Philippine Statistics Authority (PSA) reported…
MANILA, Philippines — Inflation rose to 3.7 percent, up from 3.4 percent in February, mainly driven by increased prices of essential food items such as vegetables, meat, and rice, according to the Philippine Statistics Authority (PSA). Despite…
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the…
CEBU CITY, Philippines — The inflation rate in Central Visayas has increased by 0.2 percent in February 2024 compared to January. This was presented by Engineer Leopoldo Alfanta, Jr., chief statistical specialist of the Philippine Statistics Authority…
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for…
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant…
MANILA, Philippines — Most Filipinos disapproved of how the Marcos administration handled their top concern – inflation, according to new Pulse Asia survey released on Monday. According to the survey, controlling inflation remains the number one national concern…
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