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MANILA (Reuters) - The Philippines' poverty rate dropped to 15.5% last year from 18.1% in 2021, with rising food prices limiting the reduction in the number of poor, the government's statistics ...
The Philippine Competition Commission (PhCC) is an independent, quasi-judicial body formed to implement the Philippine Competition Act (Republic Act No. 10667). The PhCC aims to promote and maintain market competition within the Philippines by regulating anti-competition behavior. The main role of the PhCC is to promote economic efficiency ...
Taxation. Taxes and subsidies change the price of goods and, as a result, the quantity consumed. There is a difference between an ad valorem tax and a specific tax or subsidy in the way it is applied to the price of the good. In the end levying a tax moves the market to a new equilibrium where the price of a good paid by buyers increases and ...
A comparison shopping website, sometimes called a price comparison website, price analysis tool, comparison shopping agent, shopbot, aggregator or comparison shopping engine, is a vertical search engine that shoppers use to filter and compare products based on price, features, reviews and other criteria. Most comparison shopping sites aggregate ...
Status: In force. The Universal Access to Quality Tertiary Education Act, officially designated as Republic Act 10931, is a Philippine law that institutionalizes free tuition and exemption from other fees in state universities and colleges (SUCs), and local universities and colleges (LUCs) in the Philippines. The law also foresees subsidies for ...
With every trip to a grocery or department store, consumers continue to be hit hard by rising prices. The U.S. Department of Agriculture said that the Consumer Price Index for food increased by 25 ...
In what at least one retailer has dubbed "a summer of savings," mass retailers like Target, Walmart, Walgreens as well as grocery chains like Aldi have cut prices on thousands of common items as ...
Pag-IBIG Fund was founded by virtue of Presidential Decree No. 1530 [ 1][ 2] which was signed by President Ferdinand E. Marcos on June 11, 1978, to answer the national need for savings program and affordable housing financing. [ 3] Its original purpose was solely as a provident fund to encourage savings among Filipinos.