Policy interventions to stabilize commodity prices have begun to take effect as headline inflation decelerated in June 2021, the National Economic and Development Authority (NEDA) said.
The Philippine Statistics Authority (PSA) reported...
MANILA – Malacañang on Wednesday stressed anew the importance of considering the “total health” of the nation, admitting that the COVID-19 pandemic is taking a heavy economic toll on the country.
MANILA – The deceleration of the domestic inflation rate, which is steady at 4.5 percent last May, depends on the normalization of pork supply with the help of the temporary tariff cut on imported pork.
Finance Secretary Carlos Dominguez III said Tuesday an Asian Development Bank (ADB)-funded project designed to boost the revenue-raising capacity of local government units (LGUs) will help the Philippines continuously build its...
President Rodrigo Duterte approved on Saturday (May 15) the National Economic and Development Authority (NEDA) Board’s recommendations for an interim reduction of the Most Favoured Nation (MFN) tariff rates on imported rice.
The Philippine economy shrank at a slower pace in the first quarter of the year of 4.2 percent and is expected to stage a recovery in the next quarters despite the reimposition of stricter quarantine measures in Metro Manila and other provinces.
