Hopeful
It is an unprecedented number.
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The Marcos, Jr. administration overcame one of its biggest challenges in 2023—elevated inflation due in part to the disrupted global markets that resulted in supply chain bottlenecks—through carefully crafted inflation mitigation measures anchored on mitigating the impact on vulnerable populations.
Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive in the Philippines this month and early January while grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday, December 27.
The Marcos, Jr. administration has led the Philippines to become the fastest-growing economy among major Asian countries in 2023, defying global challenges such as elevated inflation and slower growth.
This time of the year between Christmas and New Year is a Dead Week of sorts, when homes are a bit quiet compared to the frantic schedule the whole year round; cities are less crowded and some families are out on vacation.
President Marcos issued Executive Order 50 maintaining lowered tariff rates for rice, pork and corn until the end of 2024. It was an unavoidable decision.
MANILA, Philippines — The National Human Settlements Board (NHSB) has approved a four percent cap on increases in rental rates of P10,000 and below, effective Jan. 1 until the end of the year.
MANILA, Philippines — Nearly 500,000 metric tons of rice from Taiwan and India will arrive beginning this month until February 2024, the Department of Agriculture (DA) said yesterday.