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Rising prices weigh on business

By Elijah Joseph C. Tubayan, Reporter BUSINESSES OPTIMISM softened this quarter from the past year amid rising commodity prices — marking the third straight quarter-on-quarter dip and the lowest point since 2010 — although the outlook for the next three months improved on expectations of higher consumer demand ahead as Christmas holidays approach. Results of… link: Rising prices weigh on business.....»»

Category: newsSource: manilainformer manilainformerSep 6th, 2018

Rising prices weigh on business

By Elijah Joseph C. Tubayan, Reporter BUSINESSES OPTIMISM softened this quarter from the past year amid rising commodity prices — marking the third straight quarter-on-quarter dip and the lowest point since 2010 — although the outlook for the next three months improved on expectations of higher consumer demand ahead as Christmas holidays approach. Results of… link: Rising prices weigh on business.....»»

Category: newsSource:  manilainformerRelated NewsSep 6th, 2018

US Fed: Trade uncertainty could erode investments, confidence

US central bankers warned Thursday that the risks and uncertainty created by tariffs and restrictive trade policies could undermine strong business confidence and investments. The Federal Reserve cited increasing concerns among businesses about domestic and foreign trade policies, as well as rising prices for goods like steel and aluminum. The minutes of the June 12-13 […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 6th, 2018

Air Asia expansion in PH seen slowing down

Philippines Air Asia said its hiring and business expansion could slow if oil prices would continue to increase. The company, a unit of Malaysian budget carrier Air Asia Berhad, is seeking to further mitigate the rising cost of oil although it is not yet contemplating asking the government to allow it to impose a fuel surcharge as its rivals had done, CEO Dexter Comendador said in a recent interview. In recent months, Philippine Airlines and Cebu Pacific Air sought the Civil Aeronautics Board's approval to allow them to again include a fuel surcharge in the ticket price. "If they are given [the go-signal], then we can follow," Comendador said. He said Philippines Air Asia, in...Keep on reading: Air Asia expansion in PH seen slowing down.....»»

Category: newsSource:  inquirerRelated NewsJun 12th, 2018

Business confidence drops in first 3 months of 2018

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said on Friday, March 2, that overall confidence in the economy dropped for the first 3 months of 2018 due to the new tax law, the post-holiday hangover, rising fuel prices, and increased competition. The BSP Q1 2018 Business Expectation Survey ........»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2018

WORLD’S FISH BY THE NUMBERS: How the seas of East Asia play an important role in global fish production

THERE are plenty of fish in the sea – but not for long, if we continue to fish unsustainably. In recent weeks, Philippine media reported on the shortage of bangus, and rising prices of staple fish like tilapia and galunggong. According to a report by the Food and Agriculture Organization (FAO)*, a third of the […] The post WORLD’S FISH BY THE NUMBERS: How the seas of East Asia play an important role in global fish production appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 16th, 2018
Category: financeSource:  bworldonlineRelated NewsNov 13th, 2018

Airline profits hit by rising fuel prices

Soaring fuel prices took its toll on the profitability of local airlines in the nine months ending September......»»

Category: financeSource:  philstarRelated NewsNov 11th, 2018

Debt watcher keeps PHL rating a notch above minimum investment grade

A KOREAN DEBT WATCHER kept its credit rating for the Philippines at above minimum investment grade, citing tax reform and infrastructure spending gains even as rising prices continue to bite......»»

Category: newsSource:  bworldonlineRelated NewsNov 6th, 2018

Palace hopes for ‘acceptable’ wage hike

Malacañang is hopeful that an “acceptable” decision on wage hike petitions would be arrived at soon as labor groups pressed the government for higher pay amid the rising prices of goods, an official said yesterday......»»

Category: newsSource:  philstarRelated NewsOct 29th, 2018

Auto industry seen to post 1st annual drop in 7 years

VEHICLE sales are expected to drop by 10-15% for the full year, as demand continues to be dampened by higher excise taxes, soaring inflation, and rising fuel prices......»»

Category: financeSource:  bworldonlineRelated NewsOct 24th, 2018

Economic growth to ‘heavily’ depend on government spending — analyst

The Philippines will need to “heavily” depend on heightened state spending to fuel economic growth, as household consumption will likely remain in retreat due to rising prices of goods and higher borrowing costs, a global bank said......»»

Category: newsSource:  philstarRelated NewsOct 24th, 2018

GDP growth to rely mainly on state expenditures

ECONOMIC GROWTH will likely remain below target this semester, a global bank said, with the pace to be driven largely by government spending as consumption will likely ease amid rising prices of goods......»»

Category: newsSource:  bworldonlineRelated NewsOct 23rd, 2018

Economists see higher inflation rates

Economists of private banks raised anew their inflation forecasts over the next three years amid rising global oil prices, higher food prices, a weak peso, and the effects of the implementation of the tax reform program......»»

Category: financeSource:  philstarRelated NewsOct 21st, 2018

Palace: Good rating for Cabinet shows public appreciates efforts vs inflation

The Social Weather Stations poll suggesting that the Cabinet's net satisfaction rating improved in the third quarter showed that Filipinos appreciate the government's efforts to address the rising prices of goods, Malacañang said Sunday......»»

Category: newsSource:  philstarRelated NewsOct 21st, 2018

Oil firms roll back pump prices

Small oil players led another big time price rollback as the trade war between China and the US continued weigh on global crude prices. Source link link: Oil firms roll back pump prices.....»»

Category: newsSource:  manilainformerRelated NewsOct 21st, 2018

Oil firms roll back pump prices

Small oil players led another big time price rollback as the trade war between China and the US continued weigh on global crude prices......»»

Category: newsSource:  philstarRelated NewsOct 20th, 2018

Cooling down Philippine inflation comes at a cost — report

Soaring prices in the Philippines continue to crush Filipino families’ budgets, and bringing down rising inflation may come at a cost to the national government’s balance sheet and the economy’s other main line of defense, the current account buffer......»»

Category: newsSource:  philstarRelated NewsOct 19th, 2018

LTFRB greenlights bus fare hike

Philippine transport regulators have approved an across-the-board increase in bus fares, adding to budget woes of Filipinos who are in retreat as rising prices squeeze households......»»

Category: financeSource:  philstarRelated NewsOct 18th, 2018

OhMG!

With rising fuel prices and horrid traffic on the road in Metro Manila, is there room for another car brand?.....»»

Category: newsSource:  philstarRelated NewsOct 17th, 2018

Philippines moves up on Global Food Security Index

As the country suffers from rising food prices due to tight supply of basic goods, a global metrics on food security believes the Philippines has improved its capacity to feed its people......»»

Category: newsSource:  philstarRelated NewsOct 17th, 2018