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Oil price hike to stoke inflation Fuel up P4/l next week, gov’t warned of ‘dissatisfaction’ with rising prices By Alena Mae S. Flores and Othel V. Campos
UMP prices are expected to rise by as much as P4 per liter next week following the decision of the Organization of the Petroleum Exporting Countries (OPEC) and its allies to cut production.
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VOL. XXXVI • NO. 234• 3 SECTIONS 12 PAGES • P20 SATURDAY, OCTOBER 8, 2022 • www.manilastandard.net • mst.daydesk@gmail.com
‘Economy must be foremost focus of PBBM’ THE most pressing among macroeconomic issues is uplifting the country’s economy, the results of the latest PUBLiCUS survey released Friday suggested. Conducted by PUBLiCUS Asia Inc., the PAHAYAG Third Quarter
Survey between September 16-20 saw 23 percent of respondents saying that it must be the foremost focus of President Ferdinand Marcos Jr. One in 10 voters said the most important issue the President should focus on is corruption (12%), poverty
(11%), prices/inflation (11%), or jobs (10%), which are closely interrelated with the economy. The 1,500 registered Filipino voters who participated in the PAHAYAG 2022 Third Quarter Survey were randomly
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Tuesday's anticipated oil price hike will end five consecutive weeks of rollbacks—and stoke fears of rising inflation anew, as indicated in a Pulse Asia survey released this week. Meanwhile, with the upcoming closed fishing season for sardines, canneries are seeking a P3 to P5 increase in the retail price of canned sardines— a staple of many poor Filipino families—after projecting fish scarcity at 72,000 metric tons (MT) over the three-month season. The group noted the impact as well of the increasing prices of other manu-
facturing inputs. Canned Sardines Association of the Philippines (CSAP) executive director Francisco Buencamino said at least eight canneries are poised to submit their petition to the Department of Trade and Industry (DTI). Rino Abad, director of the Department of Energy's Oil Industry Management Bureau, said the oil price hike would be implemented across all products. "Pump prices of all products will go up. Gasoline is less than P1, diesel Next page
OFFICIAL BUSINESS. President Ferdinand Marcos Jr. joins other government officials and executives of the Japan International Cooperation Agency and the Asian Development Bank in the contract signing for the North-South Commuter Railway System, which they are co-financing, on Friday. Earlier, Mr. Marcos administered the oath of office to DICT Secretary Ivan John Uy (inset), Pedro Laylo Jr., Philippine Ambassador to Israel Pedro Laylo Jr., and the newlyelected officers of the Malacañang Press Corps. Presidential Photos
Speaker: High ratings mean President on right track By Maricel V. Cruz SPEAKER Martin G. Romualdez on Friday expressed elation over the high public approval ratings President Ferdinand Marcos Jr. received in the first Pulse Asia survey on the new leadership’s performance since
assuming office on June 30. “The good showing means that President Bongbong Marcos is on the right track of governance,” Romualdez said. The House leader said the President “started on the right foot by convincing the best and the brightest and most
capable among Filipinos to serve the people by joining his economic team and his Cabinet.” He said Filipinos were happy with the Marcos administration’s response to recent destructive typhoons, particularly super typhoon Karding (international
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Garafil quits LTFRB to become OIC Mabasa murder: Press Secretary, replacing Angeles Suspect’s image THE Palace on Friday announced that the Office of the Press Secretary would be headed by lawyer Cheloy VelicariaGarafil as officer-in-charge three days after its chief resigned. Garafil said she quit as chairperson of the Land Transportation Franchising and Regulatory Board (LTFRB) to take the job. “I have accepted the offer to help in the Office of the Press Secretary as its
undersecretary and OIC,” Garafil said. “This is a great honor and privilege and I thank the President for this opportunity to once again work with him in his administration to serve the Filipino people,” she added. The press secretary post has been vacant since Tuesday, Oct. 5, following the resignation of Trixie Cruz-Angeles, officially due to health reasons. Next page
up, bounty hiked By Joel E. Zurbano THE Department of Interior and Local Government (DILG) on Friday released an enhanced digital image of a suspect in the murder of veteran radio broadcaster Percy Mabasa. DILG Secretary Benjamin Abalos Jr. also announced that the cash reward for anyone who can provide information that could lead to the identification and arrest of suspects in the case has increased from the initial P500,000 to P1.5 million. “The Philippine National Police (PNP) and the DILG will not rest until Next page
WANTED. Interior Secretary Benhur Abalos jr. and National Capital Region Police chief Brig. Gen. Jonnel Estomo hold up a video image of a person of interest in the October 3 killing of radio broadcaster Percival Mabasa, alias Percy Lapid, on Friday at a press briefing. Norman Cruz
First Lady to take PH Chief Girl Scout mantle Abalos yanks CHEMICAL DRILL. A US Marine officer (right) gives instructions to Philippine Marines wearing mission-oriented protective posture (MOPP) gear and using joint chemical agent detectors during their chemical warfare exercise as part of a joint amphibious landing exercise at a beach facing the South China Sea in Zambales on Friday (story on A2). Ted Aljibe/AFP
MR. MARCOS RALLIES MAYON READINESS NEWS / A3
3 NAMED AS NOBEL PEACE PRIZE WINNERS NEWS / A2
FIRST Lady Liza Araneta-Marcos will be conferred the "Chief Girl Scout" title by the Girl Scouts of the Philippines (GSP) in November. The installation and investiture rites will be held at Malacañang Palace's Ceremonial Hall, the GSP said in a Facebook post. Araneta-Marcos met Thursday with GSP officials at the Presidential Management Staff building inside the Palace grounds. The GSP delegation was led by Dr. Cristina Lim-Yuson, GSP National Executive Committee president. "The meeting discussed the First Next page
police escorts from POGOs By Vito Barcelo and Macon Ramos-Araneta
First Lady Liza Araneta-Marcos
INTERIOR Secretary Benjamin Abalos Jr. on Friday ordered police to stop providing security details to foreigners working in Philippine Offshore Gaming Operators (POGOs). At a budget hearing at the Senate, Abalos issued the order after senators questioned the deployment of personnel from the Philippine National Police Security and Protection Group (PNPNext page