PBBM acts on inflation impact Orders continued cash transfer, fuel discounts to vulnerable sectors
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RESIDENT Ferdinand Marcos Jr. has ordered continued support to the most vulnerable sectors in the form of distribution of cash transfers and fuel discounts to help cushion the impact of rising inflation.
Vol. 36 No. 263
November 6, 2022
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The President made the directive after inflation in October shot up to an almost 14-year high of 7.7 percent from 6.9 percent in September, driven by faster increases in the prices of food and non-alcoholic beverages. “These (cash transfers and fuel discounts) will be part of the government’s key response to rising inflation even as we continue to build on climate action and food security,” Office of the Press Secretary officer-in-charge Cheloy Garafil said. “We assure the public that the government continues to monitor inflation and all contributing factors, and will explore all other measures to alleviate its impact on our people,” she added. She said while last month’s inflation rate was higher by 0.8 percent from September’s figure, it remains within the CONTINUED ON 3A
AGRICULTURE DEPARTMENT INITIATIVE. Fresh produce and other
food items are up for sale at the “Kadiwa ng Pasko” Diskwento Caravan at the Rizal Avenue Sports Athletic Club in Sta. Cruz, Manila on Saturday. Norman Cruz
‘Kadiwa sa Pasko’: Hub for affordable agri-fishery products PRESIDENT Ferdinand Marcos Jr. on Saturday said he will expand the “Kadiwa ng Pasko” project to ensure Filipinos have access to fresh and affordable agri-fishery products and address price increases during the holidays. In a video message during the launch of the event at Rasac Covered Court in Santa Cruz, Ma-
nila, Mr. Marcos thanked the suppliers who participated in the trial run of the project. “I want to greet the sellers who joined the Kadiwa ng Pasko trial run. Thank you very much for participating in the new program
which we want to expand to help our fellow countrymen, especially as Christmas draws near,” he said. The Department of Agriculture, headed by Mr. Marcos, is the lead agency of the program that markets
the agri-fishery products of local farmers and fisherfolk and helps address price surges associated with the Christmas season. Thirteen farmers and fisherfolk cooperatives from the Cordillera Administrative Region (CAR), Central Luzon, Calabarzon, and Bicol Region were CONTINUED ON 3A
Price forecast: Gas up P1.20/l, diesel cut P0.60/l
Supporters mass up in Baguio to back up Bantag SUPPORTERS of suspended Bureau of Corrections Director General Gerald Batnag, who is one of at least 160 persons of interest in the killing of broadcaster Percival Mabasa, gathered in Baguio City yesterday to call for his immediate reinstatement. “This is not the right time for us to be accusing anyone,” said Baguio City Mayor Benjamin Magalong. “I know Gerald – so much is ailing his heart because of these accusations, especially when those charges are not true,” he added. Magalong, however, also called on Bantag’s supporters to “calm down” and “look at things objectively.” Supporters insisted Bantag is a man of integrity that is why he was handpicked by former President Rodrigo Duterte to lead BuCor. Self-confessed gunman Joel Escorial, in a supplemental affidavit, said one of two alleged middlemen in the hit order, Cristito CONTINUED ON 3A
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BELENISMO OPENS. Tarlac Heritage Foundation co-founder Isabel Cojuangco-Suntay and her daughter Isa were joined by Defense Usec. Jose Faustino Jr. and Army chief Lt. Gen. Romeo Brawner in switching on the lights of the Army Belen during the opening of the Belenismo sa Tarlac 2022 Friday evening. Tarlac is known as the country’s belen capital. Lino Santos
‘Paeng’ deaths now 155, damage hits P7.33b THE death toll due to severe tropical storm Paeng climbed to 155 while damage to agriculture and infrastructure hit P7.33 billion, the National Disaster Risk Reduction and
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Management Council said in its report Saturday. NDRRMC said 34 others remained missing while 129 people were injured.
Damage to infrastructure has reached P4.17 billion, it added. Of the 1.2 million Filipinos affected by CONTINUED ON 3A
DOMESTIC oil prices will have a mixed movement on Tuesday, with gasoline expected to go up by as much as P1.20 per liter and diesel to go down by as much as P0.60 per liter. Unioil Petroleum Philippines said diesel should go down by P0.50 to P0.60 per but gasoline will go up by P1.10 to P1.20 per liter for the week of Nov. 8 to 14. Rodela Romero, Director III of the Department of Energy's Oil Industry Management Bureau, attributed this week's oil price movement to the continuing effect of the decision of the Organization of the Petroleum Exporting Countries and its allies to cut production by two million barrels per day. "Due to seasonality of demand, implementation of OPEC cut and COVID surge in China which pulled down demand," Romero said. CONTINUED ON 3A
Bus with 46 QC teachers on board falls off Bataan cliff, 1 dead A FEMALE teacher was killed after a bus carrying 46 public school teachers from Quezon City schools and two drivers fell off a cliff in Orani, Bataan on Saturday.
Orani police chief Larry Valencia said the bus was heading back to Quezon City after attending a seminar in Bataan. In a statement, the Schools Division Office of
Quezon City said the ill-fated bus was among the 3 buses that left San Francisco High School Compound in Quezon City on Friday. CONTINUED ON 3A