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News

  • Arroyo falls to ‘poor,’ Robredo drops to ‘moderate’ in 4Q SWS Survey

    The 4Q2018 Social Weather Survey by the Social Weather Stations (SWS) found House Speaker Gloria Macapagal-Arroyo’s net satisfaction rating fall 17 points to “poor” -21 (28% satisfied and 49% dissatisfied) from a “neutral” -4 last September. On the other hand, net satisfaction for Vice-President Leni Robredo dropped 7 points to +27 “moderate” (53% satisfied and 26% dissatisfied). Senate President Vicente “Tito”Sotto III’s net satisfaction rating stayed “very good,” up by 6 points to +61 in December (72% satisfied and 11% dissatisfied) from +55 in September 2018. Meanwhile, Chief Justice Lucas Bersamin’s overall net satisfaction rating, his first in this poll on the country’s top officials, was a “moderate” +11 (36% satisfied and 25% dissatisfied).

  • Low inflation, high growth seen this year

    The Philippines will likely return to a high-growth, low-inflation regime this year, allowing the local stock barometer to recover to as high as 8,800 after a challenging period last year, First Metro Investment Corp. said. However, Dutch financial giant ING said Philippine growth might hit a speedbump in the next 2 quarters with still-high levels of inflation and higher borrowing expected to somewhat sap both consumption and investment momentum. FMIC explained that the Philippine domestic economy could expand by at least 6.8% to as high as 7.2% this year as slower inflation boosts consumer spending. The inflation rate is seen to ease to 3-3.5% this year —back to the government’s target range of 2-4 %—as food supply normalizes while global crude oil prices enter bearish territory.

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  • Do you agree with President Duterte's decision to close Boracay for six months to pave way for a major clean-up?


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