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.
Seafront Resources Corp., a publicly listed investment holding firm under the Yuchengco Group, has sold its entire 11.33% stake in Hermosa Ecozone Development Corp. for P325 million.
The Department of Energy (DOE) has reaffirmed its commitment to ensuring stable fuel and power supply across the country, with particular focus on off-grid and island communities.
The Philippine Coconut Authority (PCA) has approved the use of CropGuard, a locally developed pesticide by Chemrez Technologies Inc., as an alternative treatment for coconut scale insect (CSI), or cocolisap, signaling a shift toward more sustainable pest control policies.
The Department of Energy (DOE) has conducted a reconnaissance survey in Zambales and Pangasinan preparatory to crafting the country’s first native hydrogen exploration service contracts. The effort is a critical step in positioning hydrogen as a resource in the country’s clean energy transition, particularly through co-firing with natural gas to reduce emissions.