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Monday, May 19, 2008

 

Filipinos getting poorer

Surging prices push more into poverty–ADB

Soaring food prices are forcing millions of Filipinos into poverty, the Asian Development Bank (ADB) said in a study released Sunday.

“Increases in food prices have enormous impacts on poverty” in the Philippines, where poor people spend nearly 60 percent of their income on food, the Manila-based lender said.

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O T H E R   R E P O R T S

 

ZAMBOANGA CITY: The National Democratic Front of the Philippines (NDFP) over the weekend demanded that Manila comply with agreements it previously signed with communist rebels.

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A P20 wage hike in the daily minimum wage is not enough to improve the buying power of Filipino consumers, particularly in Metro Manila, that has shrank over the years because of surging prices, economists said.

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President Gloria Arroyo has named former Armed Forces chief Hermogenes Esperon Jr. as presidential adviser on the peace process and Jesus Dureza as the next Press secretary.

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The Chinese ancestry of our national hero, Dr. Jose Rizal, and his family is well known.

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In a move to maintain the integrity of the professional exams in the Philippines, the Commission on Higher Education (CHED) chief warned review centers to comply with an order for them to integrate with existing schools.

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SPECIAL REPORT: CARP EXTENSION

Last of two parts

Before the operational force of CARL (Comprehensive Agrarian Reform Law or Republic Act 6657) had expired in 1998, the Tenth Congress augmented the Comprehensive Agrarian Reform Program (CARP) source of funding for another 10 years by amending Section 63 of the law by passing Republic Act 8532.

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Severino O. Frayna Jr., Benjie Dela Rosa
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