March inflation could have topped 4%
By Melissa Luz T. Lopez
Senior Reporter
HEADLINE INFLATION likely quickened further in March to breach four percent amid rising fuel and power costs, analysts said...
Central bank unfazed by pace of price pickup
THERE IS STILL NO NEED to raise policy rates in the Philippines despite rising inflation pressures, a senior central bank official said, noting that...
Corporate regulator eases financial reporting rules for small businesses
THE SECURITIES and Exchange Commission (SEC) has eased financial reporting requirements for small businesses as part of a continuing government effort to facilitate entrepreneurship.
“The...
Trade row fears to keep markets on edge for weeks
BRUSSELS -- A full-scale global trade war has not broken out yet -- but that hasn’t stopped the market from fretting about one or...
Q4 home price hike biggest in three quarters
HOUSE PRICES rose faster in 2017’s last three months from a year ago, marking the biggest increase in three quarters as duplex and condominium...
Money supply growth picks up in February
GROWTH of money supply picked up in February as bank lending grew by nearly a fifth, the Bangko Sentral ng Pilipinas (BSP) reported on...
Excise tax take surges, beats target on increased rates
EXCISE TAX collections surged by nearly three-fourths in the first two months of the year, driven by bigger taxes on cars, tobacco, alcohol and...
MICC begins review of erring mines
THE Mining Industry Coordinating Committee (MICC) has finally started its review of 26 mines which were ordered either suspended or shuttered by former Environment...
Gov’t to borrow P325B locally in second quarter
THE GOVERNMENT is set to borrow P325 billion from the domestic market next quarter through auctions of securities, the Bureau of the Treasury (BTr)...
US wants China to cut auto tariffs, buy more chips
WASHINGTON/BEIJING -- Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and...
Duterte set to force Boracay to close
PRESIDENT Rodrigo Duterte’s plan to shut Boracay island in order to clean it up could deal a blow to the nation’s plan to attract...
Consumers less bullish as 2018 starts
By Melissa Luz T. Lopez
Senior Reporter
FILIPINO CONSUMERS turned less upbeat as the year opened due to expectations that prices of goods would keep rising,...
