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Kick start your day, April 19: What is President Aquino’s satisfaction rating in Q1?

Plus, brace yourselves for oil price hike, and know more about wage rationalization petition
By Entrepreneur Staff |

 

Aquino’s satisfaction rating drops on Q1

President Benigno Aquino III dropped to his third lowest satisfaction rate, according to the first quarter 2016 Social Weather Stations (SWS) findings released on April 18, Monday. 

 

Aquino had a dismal +27 rating, considered “moderate” by SWS, the second successive quarter that his ratings dropped. His lowest rating was on March 2015 at +11, following the Mamasapano incident, while his second to the lowest rating was at +25 in the second quarter of 2014.

 

The survey had 1500 respondents with equal number of participants from Metro Manila, Luzon, Visayas, and Mindanao. He was rated the lowest in the National Capital Region at +0, while he got the highest rating at the Visayas region with +50.

 

Despite such weak numbers, Aquino still fared better than his predecessor, former President Gloria Macapagal Arroyo who got -53, three months before leaving the post.

 

 

Oil price hikes

Following oil price hike speculations in the world market, local oil companies are set to increase its crude prices on Tuesday, April 19.

Shell Philippines and SEAOIL said they will increaseP1.10/liter for gasoline; P1.50/li for diesel; and P1.10/li for kerosene starting Tuesday, 6 am.

Flying V will implement the same price hikes by 12:01 am.

Meanwhile, Phoenix Petroleum Philippines and Eastern Petroleum announced only gasoline (P1.10/li) and diesel (P1.50/li) prices will go up by 6 am, Tuesday.

 

 

Supreme Court orders DOLE, NWPC to answer wage rationalization petition

The Supreme Court (SC) ordered the Department of Labor and Employment and the National Wage and Productivity Commission (NWPC) to answer the petition of select labor groups on supposed “unconstitutional” Wage Rationalization Act on Monday, April 18.

 

Republic Act 6727 set different minimum wages for workers nationwide, ranging from P481 ($10.4) in the National Capital Region (NCR) to P250 ($5.41) in the Autonomous Region in Muslim Mindanao (ARMM).

 

The petitioners are asking the SC to have a standardized national minimum wage nationwide.

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The SC gave the two government agencies 10 days to comment on the issue. - Elyssa Christine Lopez

 

 

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