Business

Typhoon ‘Ompong’ exacerbated food inflation: economist

MANILA -- Typhoon "Ompong" (Mangkhut), which ravaged parts of northern Philippines in September, contributed much to the increase in food prices, most especially agricultural goods, an economist from the IHS Markit said. IHS...

PH inflation seen to ease by yearend

MANILA -- The top economic managers of the Duterte administration remain optimistic that inflation will taper off by yearend after hitting a fresh nine-year high last month, mainly due to higher food...

Non-monetary measures needed to bring down inflation: BSP

MANILA -- Non-monetary measures need to be put in place to help slow the rise of Philippines’ inflation rate and bring it to within the two to four percent target in 2019. This...

Local markets weaken ahead of September inflation report

MANILA -- Bargain hunting pinned Philippines equities Thursday contributing to the peso’s weakness a day after both markets ended trading with gains. The Philippine Stock Exchange index (PSEi) finished the day at 7,093.34...

Digitalization drives BPO industry’s evolution

MANILA -- Swedish business process outsourcing (BPO) company Transcom Holding AB said the constant advancement of digitalization motivates the industry to evolve its services and pool of talents, its executive told reporters. Transcom...

Rise in imports increases BOC-Dumaguete’s tax collections

DUMAGUETE CITY – The Bureau of Customs (BOC) Sub-port Office here has attributed its positive accomplishments in revenue collection to increased importation of petroleum and other products. “Filoil has increased the volume of...
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