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Easing oil prices helping boost optimism for continued PH growth this year – BSP
The price of oil forecast even lower than USD70 a barrel this year is seen providing some of the avenues of continued growth for the Philippines this year against a global background made even more challenging by reciprocal tariffs instigated by US president Donald Trump.
Agri, trade chiefs intensify Bantay Presyo operations in NCR markets
The Department of Agriculture (DA) and the Department of Trade and Industry (DTI) have intensified their joint Bantay Presyo market monitoring operations across the National Capital Region (NCR) to curb overpricing and protect consumers.
2Q inflation forecast higher
Inflation, or the rate of change in prices, averaging below market consensus of 2.1 percent in March to only 1.8 percent instead, is forecast to rise in the second quarter to around 2.5 percent, according to analysts. This compares against actual first-quarter inflation averaging only 2.2 percent.
Meralco rates rise amid tight supply
Manila Electric Co. (Meralco) said on Thursday electricity rates in April will rise by P0.7226 per kilowatt-hour (kWh), pushing the overall residential rate to...
January FDI inflows drop 20%, signaling slower investor momentum
Foreign direct investment (FDI) inflows, the kind that stays invested in the country, dropped by 20 percent on net basis in January this year, totaling USD731 million, down from USD914 million a year ago, according to data released by the Bangko Sentral ng Pilipinas (BSP).
