Peso now region’s worst performer
That the Philippine peso depreciation is at its fastest pace against the US dollar in about five years is adding further upside pressures on imported inflation, shared DBS Bank.
Philippine Daily Inquirer
Import food to cap inflation – Marcos economic team
Finance Secretary Diokno said Marcos had indicated willingness to continue importing some food items like corn, pork, and rice, as well as coal at lower tariffs.
Chicken shortage hits Philippine fast-food chains
The shortage underscored the deepening supply chain problems that have emerged in the postpandemic period.
Bongbong Marcos’ commitment to human rights will be tested: Veteran lawmaker
Marcos has faced criticism from human rights groups particularly due to the accusations of rights violations leveled against his father, former president Ferdinand Marcos Sr.
Inflation not done with Philippines, shrinks peso value: Statistics Authority
National Statistician Dennis Mapa said elevated food, fuel and transport costs, as well as “sin” products, like cigarettes and alcoholic drinks, contributed the most to last…
Motorists in Philippines get reprieve as fuel prices drop
Industry players implemented the reduced prices this week after raising local pump prices for four straight weeks.
Philippine workers most stressed in Southeast Asia: Gallup poll
In 2021, 44 per cent of employees worldwide polled experienced “a lot of stress the previous day,” higher than 37 per cent in 2018.
Active Covid-19 cases breach 9,000 mark in Philippines
The country logged more than 1,000 new cases for three consecutive days since June 30.
China warns Philippine troops at Ayungin Shoal: Don’t make trouble
Beijing has been trying for years to prevent the Navy’s resupply missions but over the past months, it has displayed new tactics.
Philippines logs 1,309 Covid-19 infections, highest in 4 months
Metro Manila continued to lead with the highest number of infections per region in the last two weeks with 4,529 cases.