Economy

June inflation pushed to 2.5%

After inflation slowed down for four months, the Philippine Statistics Authority (PSA) reported that it has accelerated at 2.5 percent for the month of June. This has considerably increased from the...

NEDA: Digital technology and supporting the agriculture value chain key to stable prices amid the pandemic

NEDA PR MANILA – Ensuring price stability through greater use of technology and supporting the agriculture value chain is necessary to help build consumer confidence and support the gradual recovery of the...

Signs of manufacturing recovery seen as PH econ reopens – NEDA

NEDA PR MANILA —The manufacturing sector is showing signs of recovery in May 2020 and is expected to continue its rebound as the Philippine economy gradually reopens, the National Economic and Development...

Over 80 schools eyeing LANDBANK’s ACADEME credit program

DOF PR An initial batch of over 80 private educational institutions have expressed interest in accessing the credit facility launched in May this year by the Land Bank of the Philippines (LANDBANK)...

Revenues down in H1 amid pandemic, but higher collections seen beginning June

DOF PR The Bureaus of Internal Revenue (BIR) and of Customs (BOC) collected a combined total of P1.155 trillion for the first half of 2020 as an unprecedented coronavirus pandemic continued to...

Inflation to remain benign in June 2020

BSP PR The BSP Department of Economic Research projects June 2020 inflation to settle within the 1.9 - 2.7 percent range. Higher gasoline, diesel, and kerosine prices as well as the uptick...

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