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Ditas López

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Philippines
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Articles

Philippines Says Inflation Pressure Still Strong After June Data

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By Ditas López Verified, Neil Jerome Morales Verified
| Financial Post Verified
Pedestrians walk past Quiapo Church in Manila, the Philippines, on Wednesday, September 04, 2024. Photographer: Geric Cruz/Bloomberg /Bloomberg (Bloomberg) — Philippine inflation eased for a second month, but the central bank said consumer price pressures remain strong and is prepared to take further monetary action to ensure that it returns to target. Sign In or Create an Account Inflation stood at 6.4% in June compared with 6.8% in May, the Philippine Statistics Authority said on Tuesday.
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Philippines Sets Record Pay Hike for Manila Workers on Inflation Original

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By Ditas López Verified
| Bloomberg Tax Verified
Workers in the Philippine capital will see their wages rise by a record 12%, with implementation set to start this month, Labor Secretary said on Tuesday. Over 1.1 million minimum wage earners in Metro Manila will receive pay increase of 85 pesos ($1.4) a day, the “largest single wage adjustment ever granted in the capital region,” according to the labor department. The increase will be made in two tranches, specifically 60 pesos on July 19 and 25 pesos in January next year, it said.
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Philippines Sets Record Pay Hike for Manila Workers on Inflation

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By Ditas López Verified
| Flipboard
0:48 7 hours ago Philippines: DRONE - Thousands block major roads in Metro Manila during anti-government protest. StringersHub • 7h SHOTLIST METRO MANILA, PHILIPPINES (JUNE 30, 2026) 1. VARIOUS DRONE SHOTS OF PROTESTERS OCCUPYING MAJOR ROADS 2.
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