Maybank optimistic about PH prospects
PHILIPPINE economic growth will likely fall below target this year but not next year despite local and global headwinds, Malaysia's Maybank said.
Inflation latest news
McDonald's eyes speedy ramp-up to 50,000 restaurants by 2027
NEW YORK, United States — McDonald's announced an aggressive expansion roadmap Wednesday to reach 50,000 restaurants worldwide by 2027, in the fastest growth plan in brand history.
Tariff cuts extension up for NEDA approval
THE National Economic and Development Authority (NEDA) Board is set to approve another extension of reduced tariffs on rice, pork and corn, Socioeconomic Planning Secretary Arsenio Balisacan indicated on Wednesday.
Inflation could hit target in December
MONTHLY inflation could finally return to target this month but monetary authorities will continue to remain hawkish given continued upside risks, analysts said.
Inflation slows further in November
MANILA, Philippines — The Philippines’ inflation rate eased further in November to its lowest level in 20 months, due to slower increases in food prices, according to the Philippine Statistics Authority (PSA).
What’s behind the Bitcoin price surge? Has surpassed $41,000
NEW YORK (AP) — Bitcoin is once again having a moment. On Monday, the world’s largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.
PH inflation further declines to 4.1% in November 2023
The Philippines’ overall inflation level further declined to 4.1 percent in November 2023 from 4.9 percent in the previous month, which is well within the Bangko Sentral ng Pilipinas (BSP)’s forecast of 4.0 to 4.8 percent for the month
Asian markets drop as traders temper rate cut bets
HONG KONG, China — Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fueled by bets on interest rate cuts may have gone too far, forcing traders to take a step back.