News
Pinoy families get boost amid inflation woes
2+ hour, 19+ min ago (198+ words) A grocery retail giant has launched a new budget-friendly product line aimed at shielding Filipino consumers from volatile commodity prices and rising inflation. The new initiative, dubbed "Always Price Packs," offers household staples and grocery essentials at locked-in, competitive price…...
Business pessimism deepens amid energy crisis " BSP
7+ hour, 58+ min ago (508+ words) Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict continued to cloud an already fragile Philippine economic outlook. In its latest Business Expectations Survey, the Bangko Sentral…...
Gov't posts P31. 4-B April surplus " BTr
1+ day, 19+ hour ago (482+ words) The budget posted a surplus of P31. 4 billion in April, helping narrow the fiscal shortfall for the year until April despite higher government spending during the month, according to the Bureau of the Treasury (BTr). In its latest cash operations report,…...
Philippines among hardest-hit by oil shock " BMI
2+ day, 7+ hour ago (736+ words) The Philippines ranks among the hardest-hit countries in the world from the spillover effects of the ongoing Middle East conflict, according to BMI, a unit of Fitch Solutions. Analysts from the global research firm said during a Tuesday webinar that…...
Government posts P31. 4-billion April surplus " BTr
2+ day, 10+ hour ago (500+ words) The national government posted a budget surplus of P31. 4 billion in April, helping narrow the year-to-date fiscal deficit despite higher government spending during the month, according to the Bureau of the Treasury (BTr). In its latest cash operations report, the BTr…...
Inflation seen surging beyond 8%
4+ day, 19+ hour ago (308+ words) Inflation will likely rise to at least 8 percent in May as spillover effects from the Middle East conflict continue to spread across goods and services, according to Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort. Ricafort said on Sunday…...
Policy skills key amid stagflation fears " BSP
4+ day, 19+ hour ago (309+ words) Fiscal and monetary policy must go hand in hand to combat the threat of stagflation, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. Speaking in a Friday television interview, Remolona acknowledged the low growth and high inflation…...
Phl, EU eyes June FTA signing
4+ day, 19+ hour ago (220+ words) The Philippines and the European Union (EU) are targeting June to conclude negotiations on a free trade agreement, with both sides hoping to announce the signing of the deal before the year's end. Allan Gepty, undersecretary and head of the…...
Inflation could breach 8% in May " RCBC
5+ day, 5+ hour ago (589+ words) Inflation will likely rise to at least 8 percent in May as spillover effects from the Middle East conflict continue to spread across goods and services, according to Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael Ricafort. In a Sunday radio…...
Policy coordination key amid stagflation fears " Remolona
5+ day, 2+ hour ago (448+ words) Fiscal and monetary policy must go hand in hand to combat the threat of stagflation, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. Speaking in a Friday television interview, Remolona acknowledged the low growth and high inflation…...