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THE Senate, voting 20-0, on Monday approved on third and final reading a bill mandating a P100 daily pay increase for minimum wage earners in the private sector, amid last-minute appeals by major business groups to hold it. They cited its impact on inflation and the financial damage to small…
The rise in commodity prices nationwide slowed to 3.9 percent in December 2023, according to the Philippine Statistics Authority (PSA). Based on data released on Friday, PSA said this was the slowest inflation rate since February 2022 when inflation averaged 3 percent. Full year inflation averaged 6 percent which marked…
The increase in commodity prices hit a 16-month low in July on the back of cheaper housing, water and electricity as well as food and transport, according to the Philippine Statistics Authority (PSA). On Friday, PSA said inflation was at 4.7 percent in July. This is the slowest since March…
DAVAO CITY – Authorities would impose stricter measures on mobility of residents here but said it would focus on senior citizens, those under 18 years old and those with existing health conditions.Dr. Michelle Schlosser, spokesman of the City Covid-19 Task Force clarified this when the city officially entered its first…