Inflation to peak in Q3
PRICES of major commodities may peak sometime in the third quarter following a slowdown in June, but it is still possible that full-year inflation may be lower than the 4.7 percent average forecast, Full Article
PRICES of major commodities may peak sometime in the third quarter following a slowdown in June, but it is still possible that full-year inflation may be lower than the 4.7 percent average forecast, Full Article
THE Aquino administration will embark on an aggressive liability management effort by exploring various options available to government, Finance Secretary Cesar Purisima said on Wednesday. Purisima Full Article
THE Bangko Sentral ng Pilipinas (BSP) said that consumers will continue to enjoy lower money transfer and remittance costs due to heightened competition between banks and companies that offer money Full Article
THE economy is poised to grow by 6.2 percent this year on the back of a recovering global environment, the Institute of International Finance (IIF) said in its latest report on the country. IIF said Full Article
Manila, Philippines – the Department of Trade and Industry has issued an administrative order removing the expiration of gift certificates, checks and cards. Zenaida Maglaya, Trade Full Article
CHINA’S move to allow the yuan to appreciate could benefit the Philippines, the central bank and analysts said on Sunday. Removal of the dollar peg would, in particular, make Philippine exports Full Article
CONSUMER confidence in the next 12 months has become more optimistic due to the outcome of the recent elections. In the latest Consumer Expectations Survey (CES) of the Bangko Sentral ng Pilipinas Full Article
MERCHANDISE exports rose 43.7% in March as demand from the country’s main markets continued to recover along with the global economy. Data from the National Statistics Office (NSO) showed that Full Article
Philippines’ exports grew for the fourth straight month in February driven by increased demand for the country’s electronic goods. Exports grew 42.3% year-on-year after a 42.5% rise in Full Article
THE Asian Development Bank (ADB) has upgraded its growth forecast for the Philippine economy this year to 3.8 percent, from an earlier estimate of 3.1 percent, driven by increased private consumption Full Article
Monetary authorities are pushing for the upward revision of the country’s export growth target for this year. Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo told reporters that Full Article