Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.
Around 76,000 metric tons of rice from Taiwan and India are scheduled to arrive this month and early January even as grains imported by the private sector have started to arrive as part of the broader effort to boost inventory of the national food staple in preparation for the adverse effects of the El Nino weather phenomenon, a ranking official of the Department of Agriculture (DA) said on Wednesday.
The Department of Transportation on Wednesday said four large groups have submitted bid documents to win the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.
The Bureau of the Treasury plans to raise P585 billion for budgetary support in the first quarter through the weekly auctions of treasury bills and bonds.
The head of the Employers Confederation of the Philippines (ECOP) said the trade group’s biggest wish for 2024 is for more investments to come into the country to create more work for more people.