philippine news

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights… Read the rest

Jan inflation slows to 10-mo low at 7.1% (BSP sees room for further rate cuts)

Reuters
Inquirer.net

MANILA, Philippines – (UPDATE 2) Annual inflation eased to a 10-month low of 7.1 percent in January on declining food and oil prices, the statistics office said Thursday.

Inflation in December was at 8.0 percent… Read the rest

Inflation slows down to 11.9% in September

Des Ferriols
Philippine Star

The inflation rate slowed down to 11.9 percent in September from 12.5 percent in August, a development officials said indicated the softening of prices of basic commodities after weeks of worrisome increases.

The National Statistics… Read the rest

‘High prices not RP’s problem alone’

Marvin Sy
Philippine Star

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We are not alone – in experiencing high prices of goods and services, that is.

Deputy presidential spokesman Anthony Golez emphasized that the Philippines is not alone as most of the world… Read the rest

High food prices no longer a risk to inflation – Tetangco

Des Ferriols
Philippine Star

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said high food prices no longer constitute a risk to inflation although it is too early to say that prices have started to ease.

Tetangco… Read the rest

Retail price hikes need DTI okay

Ma. Elisa Osorio
Philippine Star

As the high cost of fuel continues to push up prices of basic goods, retailers are now required to get government approval for any upward price adjustment.

“We have to get the approval of… Read the rest

No LRT fare hike

Rainier Allan Ronda
Philippine Star

The Light Rail Transit Authority (LRTA) will not seek a fare increase for the LRT, and no fare hike is expected for the Metro Rail Transit (MRT) despite the rise in fares for buses,… Read the rest

Prices of canned goods up by 6-7%

Elisa Osorio
Philippine Star

Prices of canned goods including corned beef, sardines, and luncheon meat are expected to rise by six to seven percent by the end of the month on the back of higher tin costs.

“There will… Read the rest

Jollibee notes shift, more customers in barong

Francisco Alcuaz Jr. and Frank Longid
Manila Standard

JOLLIBEE Foods Corp. chairman Tony Tan Caktiong said the fastest inflation in 14 years is making more higher-income customers try the country’s biggest fast-food chain even as lower-wage clients cut back… Read the rest

Where are oil and food prices headed?

Cielito Habito
Philippine Daily Inquirer

MANILA, Philippines–Our inflation rate has gone double-digits–something we haven’t seen since the early 1990s–and we haven’t seen the worst of it yet. While rapid price increases hit all of us, the sad fact is… Read the rest

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