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Singapore bank hikes Philippines inflation forecast
DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
Stocks pull back on inflation impact
Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»
President Marcos vows to continue mitigating inflation impact
President Marcos has vowed to continue mitigating the impact of higher commodity prices on Filipino households as he welcomed the inflation downtrend recorded last month......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
US CPI for December slightly hotter than expected
The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
Government urged to keep spending, avoid high surplus
The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»
Suspension of PhilHealth contributions sought for minimum wage earners
An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»
Rate cuts to help investments regain momentum – economist
The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»
Democracy index: Philippines ranking goes down again
Still classified as a “flawed democracy,” the Philippines has scored and ranked lower in the 2023 Democracy Index released by London-based think tank The Economist Intelligence Unit on Thursday......»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»
Gasoline prices seen going up; rollback in diesel
Mixed adjustments on oil prices may be implemented next week, according to the Department of Energy......»»
Shopee banking on Gen Zs to drive sales growth
Online marketplace Shopee is banking on Gen Zs and enhanced features to drive the increase in sales on the platform this year......»»
Clean-up drive sa tibuok Cebu City
Clean-up drive sa tibuok Cebu City.....»»
Public urged to join cleanup drive
Public urged to join cleanup drive.....»»
872 Kapampangans get pay for clean-up drive
872 Kapampangans get pay for clean-up drive.....»»
Barmm measles vax drive reaches nearly 1M
Barmm measles vax drive reaches nearly 1M.....»»
LTO vows 'aggressive' drive vs colorum vehicles
LTO vows 'aggressive' drive vs colorum vehicles.....»»