cost-of-living | ABS-CBN News

Gov't, private sector workers seek living allowance

ABS-CBN News
Posted at Feb 22 03:57 PM

Government and private sector workers are seeking inflation allowances after the Senate announced each of its employees will get P50,000 to help them cope with the rising prices of commodities. Read more »

Jobs gap still seen in Asia despite employment improvement

ABS-CBN News
Posted at Jan 12 11:58 AM

There is still a 'considerable' jobs gap in Asia, despite improvements in the recent years, the International Labor Organization said. Read more »

Cost-of-living crisis biggest global risk: Davos study

Agence France-Presse
Posted at Jan 11 06:08 PM

The cost-of-living crisis will be the biggest global risk over the next two years, a survey by the World Economic Forum warned Wednesday ahead of its Davos meeting next week. Read more »

New York, Singapore top 'world's costliest city' survey

Agence France-Presse
Posted at Dec 01 08:26 AM

New York and Singapore are jointly the world's most expensive cities after inflation soared this year, an annual survey showed Thursday. Read more »

Jeepney drivers brace for big-time oil price hike

Anna Cerezo, ABS-CBN News
Posted at Aug 28 09:55 AM

Some jeepney drivers lament anew the looming the oil price hike. Read more »

UK nearly doubles energy price cap in cost-of-living crisis

Roland Jackson and Véronique Dupont, Agence France-Presse
Posted at Aug 26 04:24 PM

The near-doubling in the cap will likely tip millions into fuel poverty, forced to choose between heating or eating, experts said. Read more »

Inflation-fighting BoE poised to unleash big rate hike

Roland Jackson, Agence France-Presse
Updated as of Aug 04 11:48 AM

The Bank of England is expected Thursday to follow other major central banks with an aggressive interest rate hike to tackle surging inflation. Read more »

Tokyo falls to 9th most expensive city for expats amid weak yen

Kyodo News
Posted at Jul 17 11:11 AM

Tokyo has tumbled to the ninth-most expensive city for people working abroad in 2022 from third a year earlier. Read more »

Last trip: Driver halts trips as pump prices, debts soar

Anna Cerezo, ABS-CBN News
Updated as of Jun 21 11:32 PM

After 18 hours on the road, jeepney driver Artemio Singko, 54, had nearly 300 pesos (about $5.51) in loose change - his entire earnings for the day. Read more »

Market vendors wait for afternoon buyers

Jonathan Cellona, ABS-CBN News
Posted at Jun 21 05:10 PM

A fish vendor sells a half-kilo of fresh produce to a customer at the Sierra Madre Market along Libertad Street in Mandaluyong City on Tuesday. Read more »

‘Too depressing’: More avoiding news, report shows

Agence France-Presse
Posted at Jun 15 07:53 AM

The depressing state of the world is leading people to switch off from the news, the Reuters Institute reported on Wednesday. Read more »

PH keeps inflation target range of 2 to 4 percent

ABS-CBN News
Posted at Dec 14 08:52 PM

The BSP said Philippine economic managers decided to maintain the inflation target range for 2022 up to 2024 after consulting with the central bank. Read more »

Tel Aviv ranked world's priciest city for first time

Agence France-Presse
Posted at Dec 01 08:27 AM

Tel Aviv is the world's most expensive city to live in as soaring inflation has pushed up living costs globally, according to a survey. Read more »

Inflation slows down to 4.6 percent in October

ABS-CBN News
Updated as of Nov 05 10:59 AM

Inflation eased to a 3-month low of 4.6 percent in October despite high fuel prices, the state statistics bureau said on Friday. Read more »

Tokyo falls to world's 4th most expensive city for expats: survey

Kyodo News
Posted at Jun 27 07:59 AM

Turkmenistan's capital Ashgabat topped the list, up from second, while Hong Kong slid to second after being last year's costliest city, Mercer's Cost of Living Survey showed, as countries continue to struggle with the economic, political and health implications from the novel coronavirus. Read more »

Turkmenistan capital is world's costliest for foreign workers: survey

Agence France-Presse
Posted at Jun 22 07:02 PM

Turkmenistan's capital Ashgabat has overtaken Hong Kong as the world's most expensive city for foreign workers, a survey showed on Tuesday. Read more »

Manila is one of the most expensive cities in Southeast Asia, study shows

Anna Gabrielle Cerezo, ABS-CBN News
Updated as of Apr 22 01:23 PM

Information aggregator iPrice gathered and analyzed data from six popular Southeast Asian cities and found that Manila has the third most expensive cost of living in the region. Read more »

Paris, Zurich and Hong Kong are world's most expensive cities in 2020: report

ABS-CBN News
Updated as of Nov 18 11:43 AM

Paris, Zurich and Hong Kong overtook Singapore and Osaka as the world's most expensive cities this year, according to The Economist's Worldwide Cost of Living report.  Read more »