Philippine peso, inflation face pressures from oil shock; 50% electricity discount bill pushed | ||
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Foreign banks have warned of rising risks to the Philippine peso, which could slide to the ₱60:$1 level, and to domestic inflation, which is poised to climb further if Middle East tensions persist. Read more | ||
Meanwhile, the Lakas-Christian Muslim Democrats (Lakas-CMD) led by its president, Leyte 1st district Rep. Martin Romualdez is banking on the party's pet measure in the House of Representatives to deliver relief in the form of a 50 percent electricity discount for qualified households. Read more |
