BusinessWorld
May 27, 2021 | 8:39 pm
THE GROWTH in retail prices of construction materials in the National Capital Region (NCR) picked up in April, the Philippine Statistics Authority (PSA) said Thursday.
The PSA reported that the NCR’s construction materials retail price index rose 1.3% year on year in April, against growth of 1.2% in March.
The growth recorded in April was the highest in four months or since the 1.4% growth rate in December.
Contributing to last month’s increase were faster growth in carpentry materials (1.8% from 1.5% in March), painting materials and related components (0.9% from 0.8%), plumbing materials (0.7% from 0.5%), and miscellaneous construction materials (1.2% from 1.1%).
Unchanged were the price growth rates for tinsmithry materials (1.8%) and electrical materials (0.5%).
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In many countries, a national ID is issued by the government to give people easier access to different social welfare programs. The card is also considered an official government-issued identification document as it contains the full name, facial image, birth date, address, and fingerprints of the bearer.
Here in the Philippines, we have
Republic Act No. 11055, otherwise known as the Philippine Identification System Act (PhilSys). The law seeks to simplify public and private transactions by collecting biometrics (fingerprint, iris scan, and photograph) of those who will register and store them in a universal identification card.
By making the card available online, its proponents aim to accelerate the country s transition to a digital economy. They also promise to reduce fraudulent schemes in many government services and empower Filipinos with better control over their personal data.