Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
The Philippine government has staged a strong return to the global bond markets, successfully pricing a multi-tranche U.S. dollar offering worth USD2.75 billion—its largest dollar deal in more than three years.
The maritime partnership between the Philippines and Norway remains one of the strongest pillars of bilateral relations, gaining renewed importance as the global shipping industry accelerates its green and digital transformation.
The Philippine healthcare information management services (HIMS) sector is projected to sustain a robust 9 percent annual growth rate through 2028, defying mounting pressures from artificial intelligence, automation, and geopolitical uncertainty.
The Baguio City government has sealed a 40-year lease with Megawide Construction Corporation for the P1.186-billion Baguio City Integrated Terminal (BCIT), marking the mountain resort city’s first venture under the public-private partnership framework and a milestone for local infrastructure delivery.