Moody’s Analytics said Filipino consumers should still reel from skyrocketing prices in the first six months this year as demand continues to outpace supply in the domestic market.
The rate of change in the price of consumer goods and services accelerated to 8.7 percent year-on-year in January, its fastest pace since the 9.1 percent recorded in November 2008, on account of higher cost of house rental, utilities, food and transportation.
The Bangko Sentral ng Pilipinas (BSP) sees inflation remaining elevated between 7.5 and 8.3 percent this month, well above the two to four percent target, after hitting a 14-year high of 8.1 percent in December.
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla expects inflation falling below the lower end of the government’s two- to four-percent target range early...
The post-pandemic era is ushering in new shopping habits across the world, and companies must monitor them closely to address and adjust to their customers’ evolving needs, according to global market research firm Mintel.
Motorists and transport operators should brace for another round of fuel price hikes this week, with oil firms expected to implement significant upward adjustments across all fuel products starting Tuesday.
The Philippines reported a 14 percent increase in pineapple exports in 2024, shipping around 680,000 metric tons (MT) compared to 600,000 MT in 2023, according to the UN Food and Agriculture Organization (FAO).
Security Bank was recognized with 10 prestigious honors at the Asian Banking & Finance (ABF) Awards held at Marina Bay Sands, Singapore, highlighting the bank’s leadership in customer-centricity, digital innovation, sustainable finance, and financial inclusion.
Tagum Water, a bulk water service provider under Manila Water’s Non-East Zone operations, commemorated its 5th anniversary, celebrating half a decade of reliable and sustainable service in Tagum City.