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MANILA, Philippines — Vice President Sara Duterte on Wednesday assured her supporters that her rejected request for confidential funds was minuscule compared to the tough economic times brought by the continued surge in prices.
MANILA, Philippines — Consumers should see lower retail prices of sugar soon to reflect the drop in millsite prices in the current crop year, according to the Philippine Sugar Millers Association (PSMA).
The Department of Agriculture (DA) give an assurance on Saturday of sufficient rice supply in the country early next year with abundant palay harvest this wet season coupled with rice imports arranged for the third quarter this year.
HONG KONG, China — Asian markets mostly rose Tuesday and oil was subdued as Joe Biden prepared for a trip to the Middle East aimed at preventing the Israel-Hamas conflict spilling over into a regional conflagration.
The Triple Lock will determine the level of uprating to be applied to the State Pension for the 2024/25 financial year and pays the highest between September’s Consumer Price Index (CPI) inflation rate, earnings growth, or 2.5 per cent. The frontrunner for the uprating is currently earnings growth, which came in at 8.5 per cent (including employee bonuses) for the period between May and July.
FOLLOWING President Ferdinand «Bongbong» Marcos Jr.'s recent assertion that the country will enjoy strong supply of rice up to early next year thanks to the efforts and abundant harvest of Filipino farmers, the Department of Agriculture (DA) gave assurances the national rice stock inventory is at a «comfortable» level.
RICE inflation could become a more serious issue and appropriate actions need to be implemented by policymakers, analysts said.
HONG KONG, China— Asian markets sank Monday on concerns that Israel's expected ground offensive against Hamas in Gaza could spark a regional war involving Iran, with warnings that oil prices could surge, further complicating central banks' efforts to tame inflation.