Rising fuel prices pinch Filipino households and businesses
ON A HUMID Thursday afternoon in Las Piñas City near the Philippine capital, jeepney driver Michael I. Resuello, 48, watched the diesel pump at the RedStar Fuel station in Pilar Village tick past P70 per liter, up from P48 just weeks ago.
Oil shock may prompt BSP rate hike
OIL PRICE SHOCKS may prompt the Bangko Sentral ng Pilipinas (BSP) to hike its policy rate as early as its next meeting in April amid the risk of inflation breaching the central bank’s target band in March, an economist said.
ASEAN must strengthen resilience against shocks from Middle East crisis, Philippine trade secretary says
MANILA — Philippine Trade Secretary Cristina Roque said on Friday the conflict in the Middle East underscores how deeply interconnected the global economy has...