Inflation is expected to edge up in August to between 1.4 percent and 1.5 percent, following July's six-year low, according to Jesus Mariano “Manny” Ocampo, president and COO of the Investment & Capital Corporation of the Philippines (ICCP). The anticipated uptick is attributed to flood-related supply disruptions in agriculture and the delayed impact of U.S. tariffs on select exports.
The Manila Electric Company (Meralco) has implemented a rate increase of P0.6268 per kilowatt-hour (kWh) this August, bringing the overall residential rate to P13.2703 per kWh from P12.6435 per kWh in July. This translates to an additional P125 in the monthly electricity bill for a typical household consuming 200 kWh.
Globe Telecom has urged President Ferdinand Marcos Jr. to return the Konektadong Pinoy (KP) Bill to Congress for further refinement, citing the need for policy adjustments to ensure fair competition and long-term digital inclusivity.