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Category: Economy & Business
Allowing more pork imports to leave local hog raisers bankrupt – agri groups
A bill seeking to nullify President Rodrigo Duterte’s order to lift the cap on pork imports has earned the nod of various agricultural groups.
Duterte, lawmakers urged to provide cash aid for the poor
“These are dire times that require urgent action. The people need immediate relief,” they said in a joint statement sent to the media.
In Southeast Asia, income woes most severe, economic aid most lacking in PH
More than half of Filipino households said that if they lose all of their income sources, their resources to cover daily needs could only last up to two weeks.
Not your usual kwentong barbero: Real tales during lockdowns
Macky said that a P50 haircut may provide them their lunch, but better governance through the unity of the people is the key to keep their business stay afloat.
Jeepney drivers still no route of hope
More than a year after the Philippine government first imposed strict lockdown to “contain” COVID-19 transmission, more and more jeepney drivers still plea for financial aid as most of them have yet to recover from the hunger and poverty brought by the government’s COVID-19 response. By REIN TARINAY Bulatlat.com MANILA — His jeepney and a…
Duterte backers, other oil firms rake in millions from overpricing amid pandemic
It can be guesstimated that the total additional profits generated by the oil firms from overpricing gasoline and diesel is about P142.50 million a day. Of this amount, P17.10 million went to government in the form of the 12 percent value-added tax (VAT).
Carinderia vendors and workers lean on each other as food crisis looms
Carinderia vendors and consumers considerably lean on each other to combat the threat of food insecurity, but several vendors also stressed that they can’t hold on long enough and hope to receive subsidies from the government.
Market vendors, like their buyers, cannot afford what they sell
“I’m a pork vendor, but my viand is just leftover pork ribs. I can’t even afford to buy what I sell.”
Experts, advocates push for higher health budget, econ spending
“If we don’t spend enough, ordinary citizens would continue to suffer…If we don’t reverse the business closures, how could we generate jobs? The government would then have to provide aid, which is obviously not sustainable.” — Marikina 2nd District Rep. Stella Quimbo
State audit sought for Meralco’s past energy sales, purchases
The validation of such records “can lead to the correction of the distribution charges of Meralco to the residential and commercial customers.” By MARLO MADRIGAL Bulatlat.com MANILA — Consumer groups urged the government to review the finances of the country’s biggest electricity provider after finding a P66-billion discrepancy from its purchased supply. In a statement,…