External headwinds

The price shocks besetting Filipinos, now the main preoccupation of President Ferdinand “Bongbong” Marcos Jr., is a global phenomenon rippling down to the nation. Greatly affected are rice prices that had surged with the government hoping to tame them through price caps of P41 per kilo of regular-milled and P45 …

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Marcos: Poll rating drop ‘not surprising’

President Ferdinand Marcos Jr. on Wednesday said the 15 percentage-point drop in his approval rating in the recent Pulse Asia survey was “not surprising” given the gut issues, including high prices of basic commodities, that his administration is trying to address. “People are having a hard time. The rice issue …

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‘House to address Maharlika issues’

The House of Representatives will address legal concerns on the Maharlika Investment Fund law, Speaker Martin Romualdez said Wednesday, as he maintained that “due legislative processes” were followed in passing the measure. This developed after the Supreme Court, in an en banc ruling Tuesday, required Executive Secretary Lucas Bersamin, Finance …

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Inflation spikes to 6.1% in September

At a Glance Consumer prices surged in September due to higher food prices, particularly rice, and increased transportation costs caused by higher fuel prices. Headline inflation for September was 6.1 percent, surpassing August’s 5.3 percent but lower than the previous year’s 6.9 percent. The inflation rate falls within the central …

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Marcos names 4 rice smugglers

PRESIDENT Ferdinand Marcos Jr. on Wednesday bared the identities of four rice importers charged with agricultural smuggling, saying the government’s anti-smuggling campaign would spare no one. In his speech during a rice distribution event in Taguig City, Marcos said San Pedro Warehouse, Blue Sakura Agri Grain Corp., FS. Ostia Rice …

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