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.
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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 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.
Inflation cools further to 4.1% in November
MANILA, Philippines — Consumers enjoyed some slight inflation relief in November after prices rose at a slower pace compared to the previous month, but persistent high inflation of rice and dairy products could still hurt Filipino buyers heading into the holiday season.
Get covered against 100 critical conditions for as low as P100
MANILA, Philippines — Are you among the 21.7 million Filipino adults who consider themselves breadwinners or household heads? With inflation, rising prices and worsening traffic issues, there’s a lot of financial pressure that falls on the heads of households, even just with the stress that comes with daily life.