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PRICE increases for basic goods and services were expected to have risen at a faster pace for the month of July due to higher electricity and water rates as well as petroleum prices, economists of the Bangko…
In response to rising inflation rate, the Bangko Sentral ng Pilipinas (BSP) raised its overnight reverse repurchase rate from 3.25 percent to 3.50 percent during its meeting last Wednesday. A similar increase was done only 6 weeks…
The regional tripartite productivity and wage board (RTPWB) just announced an increase in the minimum wage rate of P20.00 pesos per day for Class A areas and P15.00 for Class B, C, and D areas. Class A…
NO significant increase in electricity bills are expected for consumers of the Visayan Electric Company (VECO) this year in spite of increasing oil prices and the Tax Reform for Acceleration and Inclusion (TRAIN) law. According to Bernard…
In 2015, the government set the poverty threshold at P9,064 monthly for a family of five. Poverty threshold is the level of income that a family must receive to set it apart from those considered officially by…
THE jobless rate slightly declined to 5.5 percent in April although underemployment inched up to 17 percent, the government reported Tuesday. Preliminary Philippine Statistics Authority (PSA) data showed that the unemployment rate improved from 5.7 percent in…
A transport fare increase may be unavoidable, but it can be negotiated and that’s where the commuters should actively make their sentiments known amid plans by transport groups to raise fare rates in Metro Cebu by P10…
With fuel prices in the country on the rise regardless of the oil price fluctuations in the global market — and it may even worsen depending on world fuel prices — due to the government’s controversial Tax…
AMID a 39-month high inflation rate of four percent last January, business leaders in Cebu remain confident that this will soon stabilize. And one important factor in normalizing the rate of inflation in the country is business…
The planned hike in members’ contribution rate to 14 percent from 11 percent at present is expected to be implemented in April as top officials of the state-run Social Security System (SSS) expect President Rodrigo Duterte…
Barug Team Rama bloc says they were unable to review contract Instead of paying hourly rates to private garbage trucks to collect Cebu City’s garbage, some opposition councilors suggested that they be paid based on the volume…
More commuters came forward to oppose a P1 fare rate increase sought by Cebu-based transport groups in yesterday morning’s hearing held by the regional Land Transportation Franchising and Regulatory Board (LTFRB-7). And one of the reasons is…
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