Economy

Peso stays strong but local shares weaken

MANILA -- The Philippine peso ended against the US dollar firm on Monday but the Philippine Stock Exchange index (PSEi) fell as investors digest news overseas, such as the one percent...

Month-on-month inflation slowing down: DTI chief

MANILA -- Department of Trade and Industry (DTI) Secretary Ramon Lopez on Monday said the pace of increase in prices of goods and services month-on-month has already slowed down. Although year-on-year inflation for...

PH needs to solve supply constraints to hit exports target: DTI

MANILA -- The Philippines has to address the supply constraints in raw materials that limit the output of exporters in order to achieve the 8 percent to 9 percent exports growth target...

Malacañang counts on gov’t measures to ease inflation

MANILA -- Malacañang is counting on government efforts to ease inflation, which hit 6.7 percent in September due to higher food prices caused by supply disruptions following the onslaught of Typhoon Ompong,...

Economist forecasts slower inflation

MANILA -- An economist of ING Bank NV Manila said the spike in inflation is likely to taper off by end-2018 partly because of government efforts to address the food supply issue,...

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...

Popular