by ev3v4hn | May 30, 2020 | Business News
The steady increase in fuel prices in May—after dropping sharply in the previous month at the height of the lockdown imposed to fight the coronavirus pandemic—may have pushed the country’s inflation rate to accelerate slightly, according to the central bank’s economists. In a statement on Friday, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said […]
by ev3v4hn | May 29, 2020 | Business News
The steady increase of fuel prices in May—after dropping sharply in April at the height of the lockdown imposed to fight the COVID-19 pandemic—may have pushed the country’s inflation rate to accelerate slightly, according to the central bank’s economists. In a...
by ev3v4hn | May 15, 2020 | Business News
The Philippines’ jobless rate may hit double digits and rise to a 15-year high amid an ongoing recession, the country’s chief economist said on Friday (May 15). Asked in an interview with Bloomberg TV if the Philippines was already in recession, or two straight...
by ev3v4hn | May 7, 2020 | Business News
Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) has turned more optimistic on reaching a “bankable” new concession deal for Maynilad Water Services Inc. through an out-of-court settlement with the government. But while the group has seen a...
by ev3v4hn | May 6, 2020 | Business News
As spending for COVID-19 response pile up while revenue collection slows down during the pandemic, Finance Secretary Carlos G. Dominguez III on Wednesday (May 6) said that 2020’s budget deficit could balloon to “around P1 trillion.” Dominguez told a press conference...
