U.S. stocks jumped Thursday after a long-delayed inflation report delivered a clear upside surprise, snapping Wall Street out of a four-session slide and reigniting hopes for interest-rate cuts.
Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday.
Philippine headline inflation held steady at 1.7 percent in October 2025, unchanged from September and slower than the 3.0 percent recorded a year earlier, as food and transport costs continued to ease, the Philippine Statistics Authority (PSA) reported.
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.
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.