We are sorry, the requested page does not exist
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
UAAP finals losses in last year of eligibility fuel UP s Cagulangan
It’s been a couple of months since, but graduating UP guard JD Cagulangan continues to hold near the sting of his most recent UAAP finals loss at the hands of the DLSU Green Archers last December......»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
Sari-sari stores post P8 billion in sales in 2023
Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»
‘Volatile inflation to keep rates steady’
Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»
PAL secures spot among top 10 most punctual airlines in 2023
Flag carrier Philippine Airlines secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium......»»
UP offers 24 free online courses with training certificates
The University of the Philippines Open University is offering 24 free online courses on a diverse range of topics — from business analytics to graphic design — that will grant its completers training certificates they can add to their resume......»»
Moody’s Analytics sees below 5 percent GDP in Q4
Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»
Dover Corporation opens career opportunities; Hiring Blitz now launched
Dover Business Services (DBS), an independent business-to-business service provider within Dover Corporation, launched a job fair dubbed “Hiring Blitz” for their expansion plans in Cebu at Seda Ayala Center Cebu on January 25 to 26, 2024. The 2-day fair offers a wide range of career opportunities, from senior leadership to data analytics and project management,.....»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»
Inflation seen to fall within target in December
Inflation is expected to finally ease within the central bank’s two to four percent target range this month after staying above the upper end of the range for 20 consecutive months, according to Moody’s Analytics......»»
For 45 percent of Pinoys, Christmas gift budget same as last year
About 45 percent of consumers in the Philippines are sticking to last year’s gift budget for their Christmas shopping this year, according to a study from market research and data analytics firm Milieu Insight......»»
Moody’s raises Philippines 2023 growth target to 5.4 percent
Moody’s Analytics upgraded its 2023 economic growth forecast for the Philippines after a stronger-than-expected expansion in the third quarter, fueled by higher government spending......»»
MOHS Analytics expands health, wellness offerings
MOHS Analytics, a fast-growing company that provides quality health and wellness solutions through technology, is expanding its line of test kits for various diseases, with over 2,500 drugstores all over the country already offering its affordable kits to test for COVID-19, urinary tract infection, dengue and malaria......»»
Come hell, high water,Christmas comes
Despite challenges from inflation and other difficulties because of the geopolitical shifts, Filipinos still look forward to celebrating Christmas on expectations of bonuses and the observance of family traditions. Based on historical data, Kantar, the world’s leading marketing data and analytics company, expects households to increase their spendings on food and beverage during the holidays compared to ordinary months. “The Christmas spirit is felt as early as September. Spending in the fast-moving consumer goods typically starts in December when Filipinos receive additional disposable income through their 13th month pay and other incentives,” Nino Nierva, account director, Worldpanel Division, Kantar Philippines, said. “What we’ve observed, based on our analyses of the spending habits of over 5,000 households’ year-on-year, is that Filipinos spend mostly on food and beverage items from December to January versus the rest of the year.” There is a spending uplift of 7 percent in the total FMCG segment during the height of the Christmas season last year, or from December 2022 to January 2023, compared to other months, or from February to November. This translates to approximately P6 billion more spent every month within the holiday period. Specifically, Filipinos spent 11 percent more on food and 9 percent more on beverage categories during the holidays. This trend also extends to dairy products (6 percent higher), which include all-purpose cream and condensed milk that are key ingredients of fruit salad, a staple Christmas dessert in the country. In contrast, the health and beauty category takes a back seat during this same period based on a 4 percent decline in growth last year, according to Kantar’s study. Season of eating, shopping Data from Kantar further showed that holiday feasts must-haves will continue to take-over the shopping baskets of Filipinos in the remaining months of the year. These items, which registered significant growth in December 2022, are expected to remain a priority for households. These are spreads (up 34 percent), canned fruits (up 25 percent), alcoholic beverages (up 24 percent), noodles and pasta sauces (up 21 percent), lechon sauce (up 17 percent), condensed milk (up 9 percent), mayonnaise (up 8 percent), and all-purpose cream (up 6 percent). However, Kantar notes that inflation continues to impact FMCG in terms of pack size and brand choices. In particular, households, strapped for cash, may buy less holiday meal staples like pasta sauces or cheese, and may choose to purchase more affordable brands of canned fruits, all-purpose cream and noodles. Tight budget not a problem While Filipinos continue to patronize sari-sari stores, they will still visit hypermarkets, supermarkets and groceries to check their options during the holiday season. According to Kantar, Filipinos still buy from sari-sari stores and they spend an average of P1,309 per month during the holidays. This is followed by hyper and supermarkets where 7 out of 10 homes visit the channel with an average monthly spend of P1,559. Aside from their own purchases, households will likewise make extra room in their pantry for FMCG products that they receive as gifts. The post Come hell, high water,Christmas comes appeared first on Daily Tribune......»»