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News
GDP’s slowdown ‘only temporary’ – Palace
1+ hour, 36+ min ago (273+ words) MANILA, Philippines — Malacañang on Friday said the slowed economic growth in the second quarter is “only temporary” and “does not determine the country’s long-term direction.” The Philippine Statistics Authority reported a 2.3 percent growth, down from 2.8 percent in the previous quarter....
Marcos’ agriculture, food security record marked by systemic failure
1+ week, 4+ day ago (1609+ words) The verdict is clear: President Ferdinand “Bongbong” Marcos Jr.’s leadership in agriculture has been marked by systemic failure. Agriculture remains the backbone of Philippine society. Yet under Marcos, who concurrently served as agriculture secretary, the sector has faced mounting…...
A barely passing — if not failing — grade for Marcos on agriculture
1+ week, 6+ day ago (691+ words) The Federation of Free Farmers, the country’s oldest national farmers’ organization, gives the Marcos administration a grade ranging from “barely passing” to “failing” for its performance in agriculture and fisheries since President Ferdinand Marcos Jr. took office on June 30, 2022. Despite…...
Cordillera inflation slows in June on lower gas prices
2+ week, 2+ day ago (532+ words) BAGUIO CITY — Inflation in the summer capital and the rest of mountainous Cordillera again slowed down in June, sustaining a substantial drop in inflation back in May, due to the gradual decline in gas prices when a ceasefire and peace…...
Oriental Mindoro inflation slows to 6.6% in June
3+ week, 1+ day ago (203+ words) Philippine Statistics Authority. INQUIRER FILE / STOCK IMAGE CALAPAN CITY, Oriental Mindoro — Oriental Mindoro’s overall inflation slowed to 6.6 percent in June, down from the 7.2 percent recorded in the previous month, the Philippine Statistics Authority (PSA) reported on Thursday. This brings the…...
Marcos hails raised PH income status as ‘a vote of confidence’
1+ mon, 5+ day ago (651+ words) MANILA, Philippines — President Marcos on Thursday touted the country’s elevation to upper-middle income status as a vote of confidence in its future that would translate to more investments and businesses, better quality jobs, and additional opportunities for Filipinos. “After nearly…...
Marcos: PH’s upper-middle-income status validates economic policies
1+ mon, 5+ day ago (302+ words) MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday said the Philippines’ new status as an upper-middle-income country is an affirmation of the effectiveness of the government’s economic policies and validation of the resilience of Filipinos. The World Bank announced that…...
Marcos ratings weaker where rice inflation is high — analyst
1+ mon, 3+ week ago (437+ words) MANILA, Philippines — Net satisfaction toward President Ferdinand Marcos Jr. tended to be weaker in regions where rice prices rose the most, a data scientist said. Dr. Alicor Panao, an INQUIRER data scientist and associate professor at the University of the…...
Workers appeal as steel mill closed in Misamis
2+ mon, 3+ week ago (300+ words) TAGOLOAN, MISAMIS ORIENTAL, Philippines — About 50 workers gathered outside the gate of the Philippine Sanjia Steel Corp. on Saturday, holding placards and hoping to catch the attention of Defense Secretary Gilberto Teodoro after he inspected the now controversial facility. The workers…...
Cordillera braces for worst as fuel shocks hike inflation
3+ mon, 2+ week ago (200+ words) The huge spike in diesel prices triggered by the war in the Mideast had pushed inflation to 4.5 percent in March across Cordillera region....