economy Archives - The Flame

Jeepney modernization program: Drivers have a steep price to pay

24

Aug

By Pauline Nicole Bautista and Robb Nigel Moya

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Jeepney modernization program: Drivers have a steep price to pay

ERIK CRUZ has depended on the jeepney to provide for his family’s daily needs and to send his three children to college. For almost two decades, he has been traversing the Quiapo Central route, an area bustling with activity from small businesses owners who are also striving to make both…

After surviving lockdowns, small food businesses grapple with high commodity prices

AS EARLY as 4 a.m., street food vendor Noel Mandani goes to Divisoria to buy raw mangoes and sweet corn, products he sells along Dapitan street. For the past 15 years, it has become his routine to wake up early, prepare his goods and sell until the afternoon. He then…

FACT CHECK: Highest growth rate in 46 years?

CLAIM: “Our economy posted a 7.6 percent growth in 2022—our highest growth rate in 46 years.” RATING: True but needs more context DETAILS: President Ferdinand Marcos Jr. claimed that the Philippine economy grew by 7.6% in 2022, the highest growth rate in 46 years, during his second State of the Nation Address. Although…

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