Inflation, or the rate of change in prices, is seen easing slightly in September to 5.2 percent from 5.3 percent in August in latest readings by analysts, including Moody's Analytics.
Price dynamics pitting fuel, electricity and key agricultural commodities on one hand and a weaker peso on the other are at work in September making inflation barely changed during the month at a best-case Bangko Sentral ng Pilipinas (BSP) inflation forecast of 5.3 percent.
Much had been said of Fernando as public servant, disciplinarian, science believer, father, friend and transformer of communities, and they are all good. We believe in the tenets he lived by and the values he prized while breaking bread with us one day each week at Tuesday Club.
The country's big commercial and universal banks extended loans just shy of P11 trillion in July this year, marginally lower than the previous June when these same loans aggregated P10.985 trillion, according to the Bangko Sentral ng Pilipinas (BSP).
The monetary authorities on Friday acknowledged the problematic state of financial inclusion in islands across the country that do not have a reliable connection to the internet and how this impacts on the broad goal of onboarding Filipinos to the government's digital transformation program.
The country’s mined metals production rose 14.8 percent to P219.74 billion in the first nine months this year, from P191.42 billion a year earlier, the Mines and Geosciences Bureau (MGB) reported.
The Department of Trade and Industry (DTI) on Monday rolled out the Tatak Pinoy Strategy (TPS), the Philippines’ first national industrial policy, positioning the country for a major economic showcase as it prepares to host ASEAN meetings in 2026.
The Department of Justice (DOJ) has filed criminal charges against executives of Cebu-based Fergus Inc. for allegedly soliciting investments from the public without the required government license.