Market goers flock to the vegetable section of the Bankerohan Market in Davao City on Thursday, 5 January 2023. MindaNews Photo DAVAO CITY (MindaNews / 10 February) – High inflation rate has remain…
Market goers flock to the vegetable section of the Bankerohan Market in Davao City on Thursday, 5 January 2023. MindaNews Photo
“We have a lot of challenges, and one of them is high inflation. If goods are expensive, that means raw materials used in businesses are also expensive. For example, food served at restaurants will be expensive because they buy costly ingredients,” he said. He said the transportation cost is relatively more expensive these days as prices of oil in the world market have gone up due to the conflict between Russia and Ukraine.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
RTC Davao acquits top cop in 2014 murder of businessmanDAVAO CITY (MindaNews / 8 February)—The Regional Trial Court (RTC) in Davao City acquitted former Col. Leonardo Felonia after being tagged as the “principal” in the 2014 murder of Cebu-based busine…
Read more »
Ex-PNP exec cleared of Cebu businessman’s killingDAVAO CITY, Davao del Sur, Philippines — The former police intelligence officer tagged in the 2014 slaying of Cebuano businessman and hotel owner Richard King walked out of jail here on Tuesday
Read more »
House bill pushes establishment specialty hospitals in the regions | Jovee Marie de la CruzLawmakers are pushing for the establishment of specialty hospitals across major regions in the country to bring quality health care closer to people residing outside Metro Manila. House Bill (HB) 6857 filed by Davao City Rep. Paolo Duterte, Benguet Rep. Eric Yap, and ACT-CIS Reps. Jeffrey Soriano and Edvic Yap…
Read more »
DA allots P32.6M for agri aid in 4 Davao provincesThe Department of Agriculture in the Davao Region (DA-11) has allotted PHP32.6 million worth of assistance to curb poverty in four provinces in the region. In a press briefing here, DA-11 Regional …
Read more »
Service disruptions on February 11 and 12 in Downtown Davao CityDavao Light and Power Co., Inc. will conduct three power interruptions on February 11 and 12, Saturday and Sunday, affecting customers in the downtown area of Davao City. These service disruptions …
Read more »
Chile declares curfew in fire-ravaged regionsChile on Thursday announced a nighttime curfew in south-central regions where forest fires have raged for more than a week, leaving at least 24 people dead.
Read more »