Archive of Economy

Meralco to increase electricity rates for the seventh time this year
November 13, 2024

Meralco announced on November 11 that it will increase its electricity rates by ₱0.4274/kwh. As a result, rates will go up to ₱11.8569/kwh starting November, from ₱11.4295/kwh in October. This means an additional ₱85 in the monthly bill of a family consuming 200/kwh per month. This is the seventh rate increase the company implemented this […]

Meralco, magtataas ng singil sa pampitong pagkakataon ngayong taon
November 13, 2024

Inianunsyo ng Meralco noong Nobyembre 11 na itataas ito ang singil sa kuryente nang ₱0.4274/kwh. Bunga nito, aabot na sa ₱11.8569/kwh ang babayaran ng mga konsyumer simula Nobyembre, mula sa ₱11.4295/kwh noong OKtubre. Mangangahulugan ito ng dagdag na ₱85 sa buwanang bayarin ng isang pamilyang kumukonsumo ng 200/kwh bawat buwan. Ang pagtaas ay ikapito na […]

Drivers and operators protest another round of oil price increases
November 12, 2024

Drive and operators from Piston and Manibela marched to the Petron gas station in East Avenue, Quezon City today, November 12, to protest the latest round of oil price increases. The oil companies raised the price of diesel by ₱2.10 per liter, gasoline by ₱1.50 per liter, and kerosene by ₱1.20 per liter. Since January, […]

Mga tsuper at drayber, tumututol sa muling pagtataas ng presyo ng petrolyo
November 12, 2024

Magkasamang nagmartsa ngayong araw, Nobyembre 12, ang mga tsuper at opereytor na kasapi ng Piston at Manibela tungo sa gasolinahan ng Petron sa East Avenue sa Quezon City. Binatikos nila ang panibagong serye ng pagtaas ng presyo ng petrolyo ngayong araw. Itinaas ng mga kumpanya ng langis ang presyo ng diesel ngayong araw nang ₱2.10 […]

Lower tariffs on imported rice face to depress rice prices
November 07, 2024

The market price of rice decreased by less than a peso, five months after Ferdinand Marcos Jr signed Executive Order No. 62 which lowered tariffs on imported rice from 35% to 15% for the next four years. Marcos and his economic managers had promised that this would lower the price of rice to ₱29/kilo. To […]

Ibinaba ng presyo ng bigas, wala pang ₱1 matapos ibaba ng taripa sa imported na bigas
November 07, 2024

Wala pang ₱1 ang ibinaba ng presyo ng bigas sa pamilihan, limang buwan matapos pirmahan ni Ferdinand Marcos Jr ang Executive Order No. 62 na nagbaba ng taripa ng imported na bigas mula 35% tungong 15% sa susunod na apat na taon. Pangako noon ni Marcos at kanyang mga upisyal sa ekonomya, ibaba nito ang […]

Food insecurity in the Philippines worsens
October 17, 2024

Food insecurity is worsening in the Philippines under the Marcos regime. The United Nations (UN) Food and Agriculture Organization (FAO) latest study shows that the country’s food insecurity incidence has reached 44.1%, the third worst in Southeast Asia (SEA). This means that around 51 million Filipinos are experiencing severe and moderate food insecurity. East Timor […]

Food insecurity sa Pilipinas, lumalala
October 17, 2024

Lumalala ang food insecurity o kakulangan sa pagkain sa Pilipinas sa ilalim ng rehimeng Marcos. Sa huling pag-aaral na inilabas ng United Nations (UN) Food and Agriculture Organization (FAO), umaabot sa 44.1% ang tantos ng food insecurity sa bansa, pangatlong pinakamalala sa Southeast Asia (SEA). Nangangahulugan ito na dumaranas ng malala at katamtamang food insecurity […]

Big bourgeois compradors carve up public airports for profit
October 13, 2024

The Marcos Jr regime privatized not just the Ninoy Aquino International Airport (NAIA) but at least seven other local airports in the past or in the coming year. These public infrastructure and services are now being monopolized by the largest bourgeois compradors. Like NAIA, increase in service fees and the laying off of employees and […]

Mga pampublikong paliparan, pinaghatian na ng mga burgesya kumprador para pagkakitaan
October 13, 2024

Hindi lamang ang Ninoy Aquino International Airport (NAIA) ang paliparang isinapribado ng rehimeng Marcos Jr. Hindi bababa sa pito pang lokal na paliparan ang isinapribado na o isasapribado pa ni Marcos sa susunod na taon. Ang mga pampublikong imprastruktura at serbisyong ito ay pinaghatian na ng pinakamalalaking burgesya kumprador. Tulad sa NAIA, tiyak na susundan […]