Thursday, November 1, 2007 | MANILA, PHILIPPINES

LIQUEFIED PETROLEUM GAS (LPG) dealers have hiked prices by a full P5 per kilogram, deciding to pass on record contract prices in the world market to consumers.

The latest increase effective today — the highest in recent history — brings the price range for a regular 11-kilogram LPG tank at P563.50 to P613.25.

The price of LPG has been steadily increasing in the world market, and has risen by about 20% since January.

Full story Here

Energy prices keep increasing everywhere.

hi linsi

its a strong peso for the rich people and not for the poor and average Filipinos.

the government always brag about our economy while they didn't even know how to eat 2 times a day with rice and tomatoes as your food!

the strong peso is just a front of the arroyo government to show off. business man and other countries may see this good but people down on the streets don't see it and feel it!

stormrage10 wrote:

QUOTE:
hi linsi

its a strong peso for the rich people and not for the poor and average Filipinos.

the government always brag about our economy while they didn't even know how to eat 2 times a day with rice and tomatoes as your food!

the strong peso is just a front of the arroyo government to show off. business man and other countries may see this good but people down on the streets don't see it and feel it!

hi stormrage,

A false economy refers to an action which saves money at the beginning but which, over a longer period of time, results in more money being wasted .

there are many reasons why a currency is declared strong-
but it does not follow prosperity among the people and arroyo uses this formula to fake economic strength-

<br><br>Post edited by: linsi, at: 2008/02/04 00:45