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.
President Ferdinand R. Marcos Jr. has accepted the resignation of Public Works and Highways Secretary Manuel M. Bonoan, effective Monday, September 1, amid ongoing controversy over flood control projects.
The Department of Justice (DOJ) has formally indicted Abra Mining and Industrial Corp. (AR), along with its officers, stock transfer agent, and several stockholders, for engaging in fraudulent securities trading from 2015 to 2019 — a move regulators say reinforces accountability and investor protection in the capital markets.
The Department of Transportation (DOTr) has announced plans to develop two railway systems in the Visayas—the Samar-Leyte Railway and the Panay Railway—as part of efforts to enhance regional connectivity and economic growth.