Inflationary risks are just around the corner. And the PNP’s profiling of a teacher’s group raises questions of human rights abuse. Here are the stories making the headlines on ANC today:
The Department of Energy confirmed oil prices will increase this week due to rising global oil prices and not because of the higher excise taxes on fuel. But there is an expectation that oil prices will rise in the middle of the month due to the excise tax. In the meantime, the rice tariffication bill is set take effect. How will these two events impact prices just as inflation eased in December?
Arrest of a tycoon
A Paranaque court ordered the arrest of Japanese gaming tycoon Kazuo Okada for estafa. ANC will keep you updated on the looming arrest of Okada.
The Alliance of Concerned Teachers (ACT) blasted the Philippine National Police for going around schools looking for ACT members. This kind of profiling is ripe for abuse of basic rights. The group will hold a press conference at 10:30 a.m. to discuss the issue.
On the high casualty count of Usman, disaster scientist Mahar Lagmay said hazard mapping should be improved to prevent more casualties in the future. He also said educating the public on hazards is important. The Department of the Interior and Local Government has a large part to play in these recommendations.
Justifications for martial law
Albay Rep. Lagman said there is no factual basis to extend martial law in Mindanao for the third time. The Palace has a different view.