Inflation news lifts peso but stocks fall
THE peso rose for a third day against the dollar but the stock market fell back to the 6,400 level on Friday after the release of June inflation data.
Inflation latest news
'Rice-for-All' program to offer affordable rice soon — DA
MANILA, Philippines — The Department of Agriculture (DA) is set to launch a new program aimed at selling rice at prices lower than the current market rates.
Inflation, corruption most important issues – survey
FILIPINO households see rising prices and inflation as the most important issues for President Ferdinand Marcos Jr. to address alongside strengthening the economy and curbing corruption, the results of a new nationwide survey released on Sunday showed.
Elevated gas emissions logged at Kanlaon anew
MANILA, Philippines — State volcanologists have recorded another elevated sulfur dioxide emissions at Kanlaon Volcano on Negros Island.
'Quite a bit of progress' made by Fed, says Powell
WASHINGTON, D.C. — The US Federal Reserve (Fed) has made «quite a bit of progress» in its fight against rising prices and could hit its inflation target as soon as next year, Fed Chairman Jerome Powell said Tuesday.
Prospects brighten as Turkey taken off money laundering 'grey list'
The decision follows a recent FATF meeting with Turkish authorities, during which the organisation decided the country was taking satisfactory steps to reduce money laundering and not being stringent enough over financing for terrorism organisations.
Highest emission logged at Kanlaon
BACOLOD CITY, Philippines — The Philippine Institute of Volcanology and Seismology recorded an elevated volcanic sulfur dioxide (SO2) gas emission from the crater of Kanlaon Volcano in Negros Island on Friday.
Sans new taxes, government eyes higher revenues until 2028
MANILA, Philippines — The economic team is still shooting for higher revenues starting next year until the end of the Marcos administration even as it remains firm on not imposing tax measures that could be inflationary and burdensome to Filipino consumers.