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INFLATION RATE CLIMBS TO 6.1% IN JUNE, FASTEST IN 43 MONTHS
Story on A8
COMMODITY PRICE HIKE.
A woman walks past a street stall in Quiapo, Manila on July 5, 2022. The Philippine Statistics Authority said inflation quickened to 6.1 percent in June – the highest since the same reading logged in November 2018. AFP
VOL. XXXVI • NO. 141 • 2 SECTIONS 12 PAGES • P18 • WEDNESDAY, JULY 6, 2022 • www.manilastandard.net • mst.daydesk@gmail.com
BBM to cut rice, corn import Shifts policy to hiked local output, focuses on improving the economy
By Vito Barcelo and Vince Lopez
T
HE government would rather increase the domestic production of rice and corn than import even more to stabilize food prices, President Ferdinand Marcos Jr. said Tuesday, in a briefing after his first Cabinet meeting.
The move to emphasize domestic production over importation was a marked departure from the agriculture policy of the previous administration. “Importation has been used as a price stabilization measure. I don’t think that that is the primary reason for the importation that we’ll do now,” said Marcos, who is concurrently the Agriculture secretary. “We would prefer to import as little as possible so we should increase our own production of rice and corn,” Marcos said. The briefing from his economic team coincided with the release of a report from the Philippine Statistics Authority that headline inflation Next page
UKRAINE WAR RAISES HUNGER FEARS FIRST MEETING. President Ferdinand Marcos Jr. (inset) leads his first Cabinet meeting Tuesday, focusing on the
NEWS / A2
economy and how to bring down food prices while ensuring enough supply.
Govt orders Meralco to refund customers P21 b starting this month Full face-to-face By Alena Mae S. Flores
THE Energy Regulatory Commission has ordered Manila Electric Co. (Meralco) to refund customers P21 billion, effective this month’s billing until June 2023. ERC chairperson Agnes Devanadera said this would be equivalent to P0.86 per kilowatt-hour reduction for residen-
tial customers. “Yes, this is a true-up,” Devanadera said. “The order has been promulgated today. It is the fourth order for Meralco to refund,” the ERC official added. The refund involved ERC case No. 2020-043 RC, wherein Meralco filed an application for issuance of provisional authority for the confirmation of the
true-up calculation of the actual weighted average tariff (AWAT) vis-a-vis the ERC approved average rate implemented for the lapsed regulatory years. This was meant to determine if there are any over or under-recovery. Meralco spokesman Joe Zaldarriaga said they have yet to receive a copy of the ERC order.
“But we will comply with the directive of the commission just as we did in their previous orders,” he said. ERC spokesperson Floresinda Digal did not provide additional details but confirmed that the new refund is on top of the P0.1528 per kWh refund ordered by the agency last year. Next page
Tricycle drivers to get transport fuel subsidy By Vito Barcelo PRESIDENT Ferdinand Marcos Jr. is expanding the government’s fuel assistance program to tricycle drivers to help them cope with the continuing rise in fuel prices. “At present, only public utility vehicle (PUV) drivers (of jeepneys and buses) benefit from the fuel subsidy under the Pantawid Pasada Program,” he said Tuesday in his first Palace press briefing, following his first Cabinet meeting since assuming the presidency. This would affect drivers of about 4.5 million registered tricycles in the country, many of which have parked their three-wheeled vehicles as of late owing to fuel prices soaring past 90 pesos a liter. Marcos did not specify how much aid trike drivers would receive, but about 377,000 jeepney and bus Next page
FREE RIDE. A mother cuddles her baby
while disembarking from a carousel bus at the Guadalupe station along EDSA on Tuesday, July 5, 2022. The Land Transportation Franchising and Regulatory Board extended its Libreng Sakay program until July 31. Danny Pata
classes resume in Nov.—Palace
THE Philippines will fully reopen all schools in November for the first time in more than two years, President Ferdinand Marcos Jr said Tuesday, as experts warn of a growing education crisis sparked by the COVID-19 pandemic. The country is one of the last in the world to resume full-time in-person classes since the pandemic began, with schools shuttered in March 2020 in tandem with lengthy lockdowns. The UN children’s agency has warned that school closures have caused enormous losses in education around the world, with some governments slow to reopen classrooms even as vaccination rates increased. “We have a plan for full face-toface (schooling) by November of this year,” Marcos told his first news conference after being sworn in as the country’s leader. “Let’s get this done quickly. Of course, we’re careful but we’re always in a hurry because we have to get much done in very little time,” he said. Marcos said school reopenings will start in September and ramp up rapidly over the next two months, accompanied by a vaccination campaign. Next page
Marcos looks beyond WPS issue DOH clears booster shots for kids ages 12-17 for stronger PH-China relations By Vince Lopez, Willie Casas, and Rey E. Requejo
By Vito Barcelo PRESIDENT Ferdinand Marcos Jr., said he will strengthen ties between the Philippines and China and find ways to resolve the conflicts and move beyond the West Philippine Sea issue when he meets with Chinese Foreign Minister Wang Yi who is in the country for a two-day visit. Wang will be the first foreign minister to meet President Marcos, Malacanang said. “The main agenda would be to strengthen ties with China,” the President said in his first press briefing in Malacanang after holding a four-hour
Cabinet meeting—his first. “One of the ways that consistently suggested is not to be in one dimension, the issue on the West Philippine Sea, but let’s have cultural, educational exchanges and even military if that will be useful,” Marcos said. He also said that he would discuss with the Chinese official the role of ASEAN as they seek to iron out differences over disputed waters in the region. “Let us do other things to normalize our relationship with China,” he added. The President said the country has to continue to pursue bilateral contact and Next page
A THIRD vaccine dose or booster shot against COVID-19 will be encouraged by the new administration, particularly to ensure the safe resumption of faceto-face classes, President Ferdinand
Marcos Jr. said Tuesday. “With Omicron, you apparently need a third booster, a third dose. We will be encouraging that, especially for younger people because again, we have to be concerned about their return to school,” the President said in his government’s first Cabinet meeting at Malacanang.
“That’s the general policy. We will reinstitute again the vaccination drives so we could at least feel safer when the children go back to school,” Marcos added. The Department of Health (DOH) announced Tuesday that all children aged 12 to 17, including the non-immuNext page
DSWD to go after fathers not giving child support THE Department of Social Welfare and Development will go after fathers who refuse to give financial support to their estranged children, DSWD Secretary Erwin Tulfo said in a television interview. Tulfo told “The Mangahas Inter-
views” that he wants the DSWD to go after these men while vowing to help single mothers struggling to make ends meet amid a lack of child support from their former partners. “One of those who I want to help are
single parents who are having problems with the fathers of their children who don’t want to give financial support. The DSWD will help these women because they don’t have anyone to support Next page