Stocks rebound as inflation sharply slows in April
PHILIPPINE STOCKS rebounded on Tuesday as headline inflation slowed to an over five-year low in April, paving the way for further monetary easing.
The bellwether...
PHL retreats four places in Human Dev’t Index ranking
THE PHILIPPINES fell four spots on the Human Development Index (HDI) rankings, coming in at 117th in the 2023 evaluation, despite posting improving scores,...
Intra-regional trade seen shielding PHL ports from worst of US tariffs
PHILIPPINE PORTS will not feel the worst of the US tariff disruptions because of healthy intra-regional trade, according to S&P Global Ratings.
“Most of the...
German medical tech firms see PHL as good fit for telehealth
THE PHILIPPINES is now on the radar of German medical technology companies as trade disruptions push them to develop untapped markets, the German Health...
BSP sees ‘a lot of policy space’ amid cooling inflation
APRIL INFLATION that’s likely to go below 2% gives the Philippine central bank “a lot of policy space,” while first-quarter growth that could be near or below the government’s 6-8% target would be an “important factor” in the Monetary Board’s policy meeting next month, according to its governor.
PHL to continue tariff talks with US
THE PHILIPPINE government is optimistic that a deal on tariffs can be reached with the US, as it is set to continue negotiations for a lower tariff rate.
ADB chief says Asia can’t be complacent amid tariff uncertainty
MILAN, Italy — The Asian Development Bank’s (ADB) top official said the Asia-Pacific (APAC) region must evolve to be able to withstand the shocks from tariff policies.
Government unveils 10-yr. jobs masterplan
THE PHILIPPINE government on Monday launched a 10-year employment masterplan, which is targeting to increase the labor force participation rate (LFPR) to 68.2% by...
ASEAN+3 to ramp up regional financial cooperation to cushion global trade shocks
MILAN, Italy — Finance ministers and central bank governors from ASEAN+3 economies have pledged to further regional financial cooperation to withstand rising trade uncertainty,...
Philippine jobs ‘exposed’ to AI risks estimated at 35-37%
BETWEEN 35% and 37% of Philippine jobs are at risk of displacement to artificial intelligence (AI), the World Bank said.
“About 35% to 37% are...
Energy dep’t outlines measures to ensure reliable power for polls
THE Department of Energy (DoE) said on Monday that measures are in place to ensure stable and reliable power during the midterm elections, and...
April WESM rates decline on higher supply margin
ELECTRICITY PRICES on the Wholesale Electricity Spot Market (WESM) declined in April as supply improved with power generators scheduling less maintenance during election season,...