Boracay foreign arrivals jump by 246%
The monthlong figure of foreign arrivals was almost equivalent to the total number of foreigners who visited the island from February to June, which stood at 18,845.
Philippine Daily Inquirer
Pandemic pushes 2.3 million Filipinos into poverty
Despite recent employment gains due to the reopening of more economic sectors, the Philippines’ latest jobless rate in June was still the second-worst in emerging Asia.
Philippine schools ready for in-person classes: Education ministry
Howver, an online survey showed that some 60 to 75 per cent out of 1,022 teacher respondents said they were only “slightly prepared” or “not prepared at all” for the…
Philippine poverty incidence rises to 18.1% in 2021; close to 20 million Filipinos considered poor
In general, ten regions recorded higher poverty incidence among the population in 2021 when compared to data recorded in 2018.
Sugar crisis may trigger price hikes of processed food, beverages
Over the weekend, President Ferdinand Marcos Jr. said he might consider importing as much as 150,000 metric tons of sugar in October.
An alliance restored: Marcos Jr.’s US policy
While open to robust commercial ties with China, Mr. Marcos has effectively tossed out his predecessor’s often fawning, if not slavish, predisposition toward the Asian…
Abra earthquake’s trail of destruction
On July 27, 2022, a magnitude 7.0 earthquake struck Lagangilang, Abra, sending tremors throughout Luzon, killing at least 10 people and leaving many families homeless.
Philippines resumes talks with China on Chinese-funded transport projects
So far, Philippines - under the Duterte administration - had already borrowed from China a total of US$1.1 billion.
Food vendors on Bohol’s Virgin Island out for good
Meaning to keep the tourist traffic in town, Mayor Edgardo Arcay said, “if food prices are overpriced, no one will visit Panglao.”
Weak peso, stock market hit Filipino billionaires’ net worths hard
Filipino billionaires lost a combined $7 billion over the last year as their fortunes were pummeled by the plunging value of the peso against the US dollar.