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RICE prices again jumped to a level last seen when the country had to grapple with supply issues caused by export bans imposed by rice-producing nations, according to the latest data released by the Philippine Statistics Authority (PSA). In March 2024, rice inflation accelerated to 24.4 percent, the highest since…
A BILL providing for a P100 increase in daily minimum wage hurdled second reading at the Senate on Wednesday, boosting hopes that workers straining under the impact of inflation can get some relief. Business groups that earlier opposed the measure – championed by Senate President Juan Miguel Zubiri and Senator…
THE Senate on Wednesday opened plenary deliberations on a bill granting a P100 hike in the daily minimum wage for private sector workers in the entire country, with several senators expressing strong support for the measure pushed by Senate President Miguel Zubiri himself, despite opposition by business groups and some…
CONGRESS indicated it is open to extending the coverage of the motorcycle (MC) taxi pilot study beyond the National Capital Region due to concerns on its impact on its three-wheeled counterparts. Romeo Acop, House Transportation Committee chair and Antipolo second district representative, said at a hearing on Tuesday that the…
THE slowdown in the price increases in food, transportation, and restaurants and accommodation brought down inflation in November to 4.1 percent, according to the Philippine Statistics Authority (PSA).PSA data showed the 4.1 percent figure was slower than the 4.9 percent posted in October 2023 and 8 percent recorded in November…