Tag: December 2019

Palace says uptick in inflation rate in December 2019 well within gov’t target

(Eagle News)–The uptick in the inflation rate in December 2019 is well within the government’s target, the Palace said on Tuesday, Jan. 7. In a statement, Presidential Spokesperson Salvador Panelo said the 2.5 percent, while an increase from November 2019’s 1.3% was well within the target range of 2% to 4%. According to Panelo, based on the National Economic and Development Authority, the December 2019 inflation rate was due to an increase in the prices […]

DOT: Boracay rehabilitation to be completed by December 2019

(Eagle News)– Tourism Secretary Bernadette Romulo-Puyat on Thursday, Sept. 13, said it will take a year before Boracay is completely rehabilitated. Speaking before the hearing on the Tourism department’s proposed P3.39-billion budget for 2019, Puyat said although there would be a soft opening of the island on Oct. 26, this covered only Phase 1 of the rehabilitation, which includes the construction of major roads. She said Phase 2 will have hopefully been completed by April 2019, […]