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.
The Department of Transportation (DOTr) has suspended the planned fare increases for public utility vehicles (PUVs) following a directive from President Ferdinand Marcos Jr., as global oil prices continue to rise due to tensions in the Middle East.
Luzon communities preparing for the annual Flores de Mayo festival now have a chance to receive support from Lalamove through its new initiative, Flores de LALA. The program highlights the effort behind the celebrations, from planning and decorations to organizing processions and church activities.
The Philippine Stock Exchange (PSE) says it could prove challenging for fintech firm Maya Philippines Inc. to list first in the United States before going public locally. PSE president and CEO Ramon S. Monzon warned that Maya could become an “orphan” stock—ignored by major U.S. investors and analysts—after a U.S. listing.
Rockwell Land Corporation has returned to the debt market with a P10 billion bond issuance—its first since 2013—drawing strong demand and signaling renewed investor confidence in the premium developer.