Top News
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).
US markets plunge amid rising China trade tensions
U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.
