PRESIDENT Benigno Aquino 3rd is deeply concerned about the “domino effect” the impending power, fuel and fare hikes might cast on the prices of basic commodities so that he ordered his Cabinet to come out with measures to cushion its impact on consumers, a Palace official said on Friday.

In a press briefing, Deputy Presidential spokesman Abigail Valte said the chief executive was well aware of the problems that would entail these rate hikes.

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