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FEBRUARY 9-15, 2024 Volume 17 - No.17 • 16 Pages
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Marcos, VP Duterte trust ratings rebound DATELINE USA by RED MENDOZA
FROM THE AJPRESS NEWS TEAM ACROSS AMERICA
Will the Senate pass expanded Child Tax Credit to help 19 million low-income children?
ManilaTimes.net
PRESIDENT Ferdinand Marcos Jr. and Vice President Sara Duterte’s trust and approval ratings rebounded in the fourth quarter of 2023, the latest OCTA Research survey said. In its Tugon ng Masa poll conducted from Dec. 10 to 14, 2023, Marcos received a 76 percent trust rating, an increase of 3
percentage points from the previous quarter. The latest survey showed only 8 percent distrust him, and 17 percent were undecided. Marcos gained increased trust ratings in the National Capital Region by 7 percentage points, from 66 percent to 73 percent; Balanced Luzon by 4 percentage points, from 74 percent to 78 percent; and the Visayas by a single percentage point, from 78 percent to 79 percent.
by IAN NICOLAS P. CIGARAL Inquirer.net
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YEAR OF THE DRAGON. Mallgoers take photos with the Chinese dragon displayed inside a mall in Bacoor, Cavite on Tuesday, Feb. 6. According to the Chinese zodiac, Feb. 10 marks the start of the Year of the Wooden Dragon. PNA photo by Yancy Lim
Marcos: Government implementing measures to ease inflation MANILA — President Ferdinand Marcos Jr. on Tuesday, February 6 said that the government remains committed to ease the burden of Filipinos. Marcos welcomed the decline of inflation from 3.9 percent in December 2023 to 2.8 percent in January 2024. “We are pleased to announce a significant slowdown on inflation for January 2024,
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PH GDP growth in 2024 to accelerate to 6.2%
THE Senate is contemplating a $78 billion expanded version of the Federal Child Tax Credit, which could provide some economic stability to an estimated 19 million low-income children. The House passed the bi-partisan bill — known as the Tax Relief for American Families and Workers Act of 2024 — last week on a 375-60 vote. In the Senate, the bill is being sponsored by Senate Finance Committee Chairman Ron Wyden, D-Oregon, who with House Ways and
President Ferdinand Marcos Jr. delivers his speech in this file photo taken on January 29, 2024, before flying to Vietnam for an official visit. Inquirer.net file photo / Ryan Legato
His trust ratings decreased in Mindanao by 3 percentage points, from 72 percent to 69 percent. Among socioeconomic classes, Marcos rebounded among class ABC with a 16 percent increase in trust rating, from 53 percent to 69 percent, as well as in Class D and E, where there was a 2 percentage point increase in both classes.
A COMBINATION of easing inflation and tight labor market would power up consumer spending this year, boding well for the Philippines’ consumption-reliant economy, BMI, a unit of the Fitch Group, said. Using 2010 as the base year, BMI said in a commentary that consumer spending is projected to grow 6.3 percent year-on-year in 2024 to P12.8 trillion in real terms. That forecast is in line with BMI’s expectation of gross domestic product (GDP) growth of 6.2 percent this year, faster than the 5.6-percent expansion in 2023 but below the government’s growth target of 6.5 to 7.5 percent for 2024. “Spending will remain impacted by the environment of elevated inflationary pressures over 2023 as well as high debt levels and its
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DOJ rejects proposed Rare historic document unveiled: Mindanao independence 1899 declaration of Philippine T T -T by ETCH
ORRES Inquirer.net
UPAS
MANILA – The Department of Justice (DOJ) on Monday, February 5 rejected calls for the secession of Mindanao or other parts of the country. As the principal law agency of the executive branch, the DOJ said in a statement Monday that it “stands firmly against any attempts to undermine the unity and territorial integrity of the
Philippines, as enshrined in the Constitution. The DOJ’s statement came after former president Rodrigo Duterte warned last week that Mindanao would become independent if moves to amend the 1987 Constitution prospers President Ferdinand “Bongbong” Marcos Jr. is firm on the need to amend the economic provisions of the 1987 Constitution.
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independence from the US
WASHINGTON, D.C. – In a poignant ceremony marking the convergence of two nations’ histories, the General Douglas MacArthur Memorial Museum unveiled an original document declaring the independence of the Philippines from the United States. Signed by President Emilio Aguinaldo, the declaration was
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Consul General Iric Cruz Arribas delivering a message on behalf of the Philippine Embassy Washington D.C. and Philippine Secretary of Defense Gilberto C. Teodoro Jr. Photos courtesy of PH Embassy