PH economic growth seen picking up in H2
ECONOMIC activity is expected to pick up in the last six months of 2023 but full-year gross domestic product (GDP) growth will come in below target, private sector economists said.
Inflation latest news
Stocks extend gains for 5th straight day
MANILA, Philippines — Stocks extended their advance yesterday as investors continued to scout for bargains and reposition their portfolio following the reconstitution of the main index.
Judge rules Donald Trump defrauded banks and insurers while building real estate empire
NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved.
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition.
In the Philippines, Onions Are Now More Expensive Than Meat
Soaring prices of onions in the Philippines led agriculture authorities to announce this weekend that the country would have to resort to importing around 22,000 tons of the vegetable by March, to augment dwindling domestic supply and arrest rising costs.
Bristish Chamber extends support to anti-agricultural smuggling act as a priority bill
The British Chamber warmly extended its support as Malacañang announced the twenty priority bills under the Marcos administration and are set to be passed in December 2023.
Asian, European markets on back foot over growing US rate worries
HONG KONG, China — Markets fell further Tuesday as investors grew increasingly fearful about another possible US interest rate hike and the prospect they will be kept elevated for some time to combat persistent inflation.
UK cost-of-living crisis set to increase early deaths — study
LONDON, United Kingdom — The UK's inflation-fuelled cost-of-living crisis is set to "cut lives short" and "significantly widen the wealth-health gap", according to a study published by open access journal BMJ Public Health on Monday.