MANILA -- Having served as chief economic planner to late Philippine President Benigno Aquino III, economist Arsenio Balisacan said he never expected to take that same post under the administration of President Ferdinand Marcos Jr.

A year into the job, President Ferdinand Marcos Jr. has shaken off some of the most pessimistic predictions that greeted his historic election victory. But the spiraling cost of living is still a huge concern for many Filipinos. (Source photos by Reuters and Getty Images)
As president enters second year in power, Filipinos fed up with inflation