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NewsTranscript
00:00At the same time as the new year, there will be additional costs to the consumers,
00:06such as the rise in the prices of water in Manila and Manila Water.
00:10But there's good news for households and some minimum wage earners.
00:15Here's Mackie Polido.
00:21New year, new rise in prices for some consumers.
00:25Starting today, the first day of 2025,
00:27the rise in prices for Manila and Manila Water is already effective.
00:31If you're a customer of Manila,
00:32the average increase in prices is P7.32 per cubic meter,
00:37while P5.95 for Manila Water.
00:40In March, the MWSS Regulatory Office will announce
00:44if there will be a change in the prices of water concessionaires.
00:48In the case of high prices,
00:49Namarites has not yet paid the prices for water since November.
00:54That's why while many businesses are closed on the eve of the new year,
00:58they will open their stores to save money.
01:03It's really hard to save money on daily expenses.
01:10The Meralco or electric cooperatives have not yet announced,
01:13but the Energy Regulatory Commission has allowed the National Grid Corporation
01:19to treat the electricity reserve as high as possible in 2024.
01:24That's more than P3 billion that will be deducted from electricity consumers
01:29for three to six months.
01:31If you increase it, we'll be pitiful.
01:33We'll be pitiful.
01:35According to the Toll Regulatory Board,
01:37there are allegations in their petitions on the increase of toll fees.
01:41They don't want to say the details of this,
01:43but if this continues,
01:44Antonio said that vegetables travelers,
01:46consumers will be affected.
01:48Of course, our expenses will increase because of the expenses that we will sell.
01:58Since today, the SSS contribution will increase by 15 percent.
02:0310 percent of this will be paid by employers,
02:05while 5 percent will be paid by employees.
02:07But there is an increase in the salary of households and minimum wage earners.
02:11For households in Metro Manila,
02:13from P6,500 minimum wage,
02:16starting January 4, it will be P7,000.
02:19P1,000 will be added to the salary of households in Northern Mindanao and Caraga
02:24from P5,000 to P6,000.
02:26P23,000 will be added to the salary of minimum wage earners in Northern Mindanao,
02:32while P50,000 in Caraga will be given to two tranches this month and in May.
02:37There is also good news for this month of January.
02:39The price of LPG of Petron is going down.
02:41It is effective this January 1.
02:43It is P90 per kilo or equivalent to P9.90 per regular tank.
02:49No other company has announced yet.
02:52For GMA Integrated News, Mackie Pulido, your Saksi.
02:57My dear viewers, be the first to watch.
02:59Subscribe to GMA Integrated News on YouTube for more news.
03:09Transcription by ESO. Translation by —