Published January 23, 2021, 9:21 AM
Former speaker and Taguig-Pateros 1st District Rep. Alan Peter Cayetano has asked the Department of Trade and Industry (DTI) to urgently conduct a probe on the price increases of basic commodities in the country, saying that it is “another tragedy in the making.”
Taguig-Pateros Rep. Alan Peter Cayetano
(Facebook / MANILA BULLETIN)
He laments that the increase in prices of basic goods are being felt deeply by millions of Filipinos who were rendered jobless, poor, and hungry by the pandemic and made homeless by recent typhoons and natural disasters.
“With a third of Filipino households reporting hunger and a quarter of businesses wiped out last year, the upward trend in the prices of our basic goods is another tragedy in the making,” he said in a Facebook post on Friday.
(PCOO / MANILA BULLETIN)
Photos sent to Palace reporters late Thursday showed the President having his biometric information being taken as he registered into the system.
He was also seen interacting with the encoder of the Philippine Statistics Authority (PSA) before undergoing the registration process.
The President held his thumb up as he posed for a photo while holding his printed national ID card.
Photos showed that Executive Secretary Salvador Medialdea and President Duterte’s long-time aide Senator Bong Go also had themselves registered into the PhilSys.
President Duterte signed Republic Act (RA) No. 11055, the Philippine Identification System Act in August 2018. It aims to establish a single national ID for all Filipinos and resident aliens. It also consolidates government-issued IDs but will not automatically replace existing ones.
CALOOCAN CITY, Jan. 22 (PIA) In partnership with the Philippine Statistics Authority (PSA), state-run Land Bank of the Philippines (LandBank) continues to support the National Government’s agenda of financial inclusion by providing registrants of the Philippine Identification System (PhilSys) with their own transaction accounts.
LandBank will be co-locating with the PSA in registration centers for the second step of the PhilSys registration, to allow registrants to open new transaction accounts and gain formal access to basic banking and other financial services.
After the roll out of the first step of the PhilSys registration, PSA reported that more than 82% of more than 10.5 million registrants did not have transaction accounts.
PASAY CITY, Jan. 22 — The Philippine Economic Zone Authority (PEZA) Director General Charito “Ching” Plaza on Friday has reiterated that it’s best to focus on the overall performance of the agency and not just making projections, forecasts or targets especially during this.
January 22, 2021 | 7:06 pm Font Size
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The central bank awarded in full the 28-day bill issue on offer Friday, with rates falling from the previous auction amid ample liquidity.
The Bangko Sentral ng Pilipinas (BSP) received tenders of P162.8 billion for the bills, less than the P167 billion in last week’s auction.
The bank has been making full awards of the bills since the maiden offering in September.
The average rate was 1.6362%, down from 1.6473% a week earlier. The range of accepted offers was between 1.6285% and 1.645%, against 1.6349%-1.66% a week earlier.
Investors are waiting out the official release of fourth quarter gross domestic product (GDP) data next week, according to Ruben Carlo O. Asuncion, chief economist at UnionBank of the Philippines.