Economy

Economic managers: Gov’t measures vs. inflation ‘bearing fruit’

MANILA -- Headline inflation stayed at 6.7 percent in October 2018 but declined month-on-month, with the downward path indicating that concerted government efforts to tame rising prices have been bearing fruit. The Philippine...

BSP rates to climb further: ANZ Reasearch

MANILA -- Economic think tank ANZ Research still forecasts another increase in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates, by 25 basis points, in December 2018 even if it turns...

October inflation flat at 6.7%

MANILA -- Inflation in October held steady at 6.7 percent, unchanged from the previous month’s level, leading the Bangko Sentral ng Pilipinas (BSP) to state that it may have finally peaked, as...

Forbes cites PH’s record high per-capita GDP under Duterte

MANILA -- The average Filipino is doing better under the administration of President Rodrigo Duterte, according to a report from the Forbes Magazine. Forbes.com contributor Panos Mourdoukoutas based his assessment on a report...

Moody’s eyes 25 bps hike in BSP rates by yearend

MANILA -- Moody’s Analytics projects a further increase of 25 basis points in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates before the end of 2018. In a publication issued Friday, the...

Moody’s Analytics sees 6.3% GDP growth for Q3 ’18

MANILA -- Moody’s Analytics forecasts a 6.3-percent growth of the Philippine economy in the third quarter of 2018 due to better investment and robust domestic demand. This projection is higher than the 6-percent...

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