Economy

PH inflation rate at 4-month low of 6% in November

By Leslie Gatpolintan - PNA MANILA -- The country’s inflation rate fell to a four-month low of 6 percent in November amid government efforts to tame rising prices, indicating a downward path. The...

Lower inflation attributed to PRRD’s ’empathy to public clamor’

By Jelly Musico/PNA MANILA -- Malacañang on Wednesday welcomed the deceleration of inflation in November, attributing it to President Rodrigo Duterte’s decisive action when prices of basic commodities swelled the previous months. “The...

PSEi tracks Wall Street, peso down ahead of inflation report

By Joann Villanueva/PNA MANILA -- The Philippine Stock Exchange index (PSEi) rose anew Tuesday but the peso weakened against the US dollar ahead of the November 2018 inflation report's release. The main stocks...

Coop insurance firm sees record-high growth in 2018

By Kris Crismundo/PNA MANILA -- 1Cooperative Insurance System of the Philippines (1CISP), touted as the country’s largest cooperative insurance firm, projects to end this year with a record-high growth in assets, its...

10-year T-bond rate falls

By Joann Villanueva/PNA MANILA -- The rate of the Philippines’ re-issued 10-year Treasury bond (T-bond) fell to 6.975 percent Tuesday from 8.035 percent during the auction last November 6. The Bureau of the...

DOF economist eyes November inflation at 6.3%

By Joann Villanueva/PNA MANILA -- A Department of Finance (DOF) official forecasts November 2018 inflation to decelerate to 6.3 percent from hitting its multi-year high of 6.7 percent last September and October. Finance...

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